Williamston, SC Divorce Buyout in South Carolina
Since 1979 Somerset Investors Corp. Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including South Carolina, offering its expertise in many of the circumstances that life brings to many homeowners. In most cases Somerset has been able to provide lower payments for the spouse remaining while giving large cash outs to the other. Our Divorce Buyout Loan Specialists work with you to determine how much of a loan you need and what it will cost to refinance.Following is an example of how Divorce Buyout works:
Example: John and Jane own a house valued at $500,000, with a mortgage (or mortgages) that total $300,000. If you subtract the value from the total loan about ($500,000 - $300,000) you get the equity of the house, in this case $200,000. If John and Jane split their assets 50-50, each have $100,000 equity in the house. Therefore, if John wishes to keep the house, he would need to refinance the mortgage(s) with a total loan amount of $400,000 and use the remaining $100,000 to buy out his spouse.
Return to divorce buyout in the state of SC
| Williamston, South Carolina News |
Sunshine Fund more than doubles in one day
New contributions totaling $2,260 have increased this year's Holiday Sunshine Fund to $4,260. The Greenville News, GreenvilleOnline and WYFF 4 are sponsoring the 31st annual effort to help the less fortunate ...
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Ralph Knox: Bataan Death March Survivor Dies From Exposure
Ralph M. Knox was a World War II veteran who survived the Bataan Death March and died on Tuesday in his front yard.
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Coroner identifies pedestrian killed near I-85
Authorities released the name of a Williamston man who was struck and killed early this morning while he stood in the roadway on Highway 76 near Denver Downs just north of Interstate 85 in Anderson County.
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86-year-old SC man dies of exposure after fall
Knox, 86, returned to his Williamston home where he lived alone around 9:30 p.m. after a trip to the store and parked his car about 10 feet from his front steps.
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Tools for the Masses - New Cordless Tool System Delivers Power and...
BATTERY PLATFORM Innovative, 12 volt Lithium-Ion products feature ergonomic, lightweight, compact design with long battery life and high performance - ideal for homeowners and the DIYer.
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Police: Driver Flees Fatal Motorcycle Wreck
Deputies and police are looking for a driver who they say fled on foot after a head-on collision in which a motorcyclist was killed.
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Home for Sale in Williamston, South Carolina
Residential Features: Cable/Satellite TV, Dish Washer, Ceiling Fans, Central A/C High Schools: Palmetto Middle Schools: Palmetto Schools: Palmetto Elementary Description: This Beautiful Brick/Vinyl Ranch Style ...
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Doctors won't remove bullet for now
And the victim will have a souvenir with him for some time. The man, whose son was one of the players in the ballgame, was transported to Greenville Hospital System Saturday, where plans were to surgically ...
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Man wounded in buttocks after ballgame
Anderson County Sheriff's deputies are investigating a Saturday-morning incident that left one man with something -- no one is sure what -- embedded in his buttocks.
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S.C. teen overcomes cancer, heart condition
They walk silently toward the Palmetto Mustangs football field in Williamston, S.C. Their feet shuffle toward their destination.
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2 Barn Fires Investigated As Arson
Fires at two barns in Williamston and a garage in Belton kept Anderson County firefighters busy on Friday.
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Mr. and Mrs. Steven Matthew Kish
Amanda Jane Jordan and Steven Matthew Kish were united in marriage Saturday, Sept.
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Casual improvisations under a Southern sky
Jammin' on the Green audiences have swollen to about 40 to 50, and musicians have peaked at approximately 18.
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Court has sanctioned 7 magistrates so far in '08
The South Carolina Supreme Court has suspended or issued disciplinary sanctions against seven current or former magistrates so far this year, court records show.
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Magistrate charged with DUI
An Anderson County magistrate suspended in June after he was charged with grabbing a woman's rear end in a Williamston bar has been charged with DUI, according to a spokesman for the state Department of Public ...
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Politics, policy keep SC bridges deficient
Among South Carolina's 20 busiest, structurally deficient bridges, just one has seen major work in the past year.
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Man Accused Of Abusing Autistic Client
A 24-year-old man was arrested after police said he was caught on camera abusing the autistic client he was hired to care for.
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Woman dies in I-4 crash in Seminole
A Winter Park woman died on Interstate 4 late Tuesday after crashing near State Road 434.
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Winter Park woman dies in I-4 crash
A Winter Park woman died on Interstate 4 last night after crashing near State Road 434.
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Drought killing Upstate pastures, cattle feed
WILLIAMSTON -- In Anderson County, the state's largest cattle producing county and number two for horses, pastures are drying up due to the lack of rain in the Upstate.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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