Acton, CA Divorce Buyout in California
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 California, 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 CA
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| Acton, California News |
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Concert should be a real mother
A benefit concert for the family of Jimmy Carl Black, original drummer for Frank Zappa's Mothers of Invention, will be staged from 11 a.m. to 5 p.m. Dec.
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No bullying after Jan. 1
California Assembly Bill 86 will allow school districts to suspend and recommend expulsion for bullies beginning Jan.
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Schools add bullying outreach
The Acton-Agua Dulce school officials adopted parts of an anti-bullying program in the wake of a community-shaking student suicide at Vasquez High School.
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Boy's Suicide Leads to Program To Stop Bullying In Schools
The teenager killed himself in school because of other kids taunting him. Friday, November 14, 2008 Jeff Lasater's 14-year-old son Jeremiah killed himself at Vasquez High School in Acton in October, so Lasater ...
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Tear down those old signs 2008 edition
After each election there are a few signs that seem to stay up for months in some places.
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School district under pressure
A tragedy that cut deeply into a close-knit community, a financial crisis that threatens to shut a high school's doors - these are tough times at the Acton-Agua Dulce Unified School District, a school board ...
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Actor has a new career caring for stray pets
Nearly 30 years ago, actor Leo Grillo had a dream about a dog. "I already had three black cats in my Hollywood apartment," he recalled.
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Scaring up Halloween savings
Max Shdhet, 6, becomes a Lego warrior in a costume his father created for Halloween.
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Have you ever been bullied?
Jeremiah Finten Lasater, 14, was found Monday in a bathroom stall with a self-inflicted fatal gunshot wound.
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Boy's suicide exposes division
A shocking suicide might have divided a quiet, rural town. The two sides squared off at the Acton-Agua Dulce Unified School District board meeting Thursday night.
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Statement on Death of Vasquez High Teenager
State Schools Chief Jack O'Connell Issues Statement on the Tragic Death of Teenager at Vasquez High School SACRAMENTO State Superintendent of Public Instruction Jack O'Connell today released the following ...
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High school still reeling from Acton teen's suicide
Jeremiah Lasater was a gentle giant. At 6-foot-5 and 220 pounds, he was the kind of teen who could bully kids if he wanted.
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Police identify student found dead in Acton high school
Coroner's officials today identified Jeremiah Finton Lasater as the 14-year-old student who appears to have committed suicide at Vasquez High School in Acton.
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Student found dead in bathroom at Acton high school
A 15-year-old male student was found shot to death this afternoon in a men's restroom at Vasquez High School in Acton in what may be a suicide, authorities said.
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Kohl's adds jobs, tax revenue, convenience in Canyon Country
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Community News
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Hitchcock tried to destroy my career
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Dogs and cats living in Los Angeles have plenty of company these days: sheep, chickens, pigs and Brahman cows.
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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