Arlington, TN Divorce Buyout in Tennessee
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 Tennessee, 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 TN
| Arlington, Tennessee News |
22 West Tennessee People Indicted: Accused of Making Meth
Shelby County Sheriffa s Deputies, along with deputies and officers from the Tennessee Meth Task Force and Tipton County announced Thursday morning that they arrested or are attempting to arrest twenty-two ...
|
Church Cleans Up After Vandals
Arlington Church Vandalized danya.bacchus@wreg.com When members of Hammond Grover Missionary Baptist walked into church Wednesday they found a trail of destruction.
|
Ready, aim, Turkey
Mention a Turkey shoot and people from Bartlett, Arlington and Lakeland will show up in crowds.
|
Holiday parades get ready to roll
DeSoto YAHOO! Holiday parades get ready to roll Saturday, November 29, 2008 Somerville, Brighton events Monday Somerville's Christmas parade begins at 6:30 p.m. on South Main Street and will march around the ...
|
Burglars Trash Arlington Church
Members of an Arlington church arrived for services Wednesday night only to find that their sanctuary, classrooms and fellowship hall had been trashed by burglars.
|
AHA honors Appling and Arlington Middle Schools for fundraisers
Tuesday, November 25, 2008 3:18 PM CST AHA honors Appling and Arlington Middle Schools for fundraisers American Heart Association Honors Appling MS, Arlington MS and Dogwood ES for Supporting Heart Health By ...
|
In brief: Crime will be meeting topic
YAHOO! In brief: Crime will be meeting topic Tuesday, October 28, 2008 Hickory Hill Crime will be meeting topic Two Memphis police commanders will speak tonight in Hickory Hill about the Blue Crush ...
|
Newly Licensed Teen Crashes Truck Injuring Five
Shelby County investigators say the 16-year old was speeding when he rounded a curve and hit another truck.
|
Five Hurt in Head-On Crash near Arlington; Teen Charged
The following is a news release issued by the Shelby County Sheriffa s Office: Shelby County Sheriffa s Deputies say a teenager who was issued his Drivera s License less than a week ago was speeding when he ...
|
Young Building Company Coasting Along, Owners Say
In the summer of 2006, Greg Bridgers and Kevin White left their respective homebuilding companies to form Southern Serenity Homes LLC .
|
Arlington resident crowned Miss Memphis Princess
Friday, October 24, 2008 2:15 PM CDT Arlington resident crowned Miss Memphis Princess Bartlett resident recognized for community service By Staff Reports Lacey Ann Thron and family after the pageant.
|
2 churches = 1 vision
Their church, Advent Presbyterian , has been on the cutting edge of ministry ideas before.
|
SBEC band continues winning season
SBEC Marching Band members, from left, Nick Copeland, Shelby Bailey, Paige Weathers, Chelsea Freeman , Alex Park, Sarah Morris, Beth Haynes, Lindsey Olford and Andrew Arthur display trophies from the Northwest ...
|
Local banker named to Rotary International district position
Patriot Bank Chairman and Chief Executive Officer Charles Ennis has been named Assistant Governor for Rotary International District 6800.
|
Q3 Building Permits Plummet
Listen to homebuilders' language and it's easy to discern their problems. Instead of using terms such as "expanding operations" and "ramping up production" - " as they did a few years ago - " builders now ...
|
103 ET World War II Vets Head to Washington
Former U.S. Sen. Bob Dole, a severely wounded World War II veteran, addresses a crowd of East Tennessee vets and others last spring when HonorAir Knoxville took more than 100 old soldiers to see their monument ...
|
Ride to Restaurant Ends with Beating and Robbery
This is a news release issued by the Shelby County Sheriffa s Office: Sheriffa s detectives are looking for one of two men who beat and robbed another man this past weekend.
|
Where have the students gone?
Donna Davenport asks the Shelby County School Board, a oeGive us more studentsa at a meeting at Bartlett High School.
|
Arlington Taco Bell, Land Sell for $2 Million
A Louisiana company has bought an Arlington real estate portfolio that includes a Taco Bell restaurant at 9821 U.S. 64 and an adjacent parcel of vacant land for slightly more than $2 million.
|
Man on Motorcycle Killed in Arlington Crash
A man riding his motorcycle has been killed after crashing into a car in Arlington.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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.
|
|