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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Alpine, 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
Call for COMPLETE details NOW!
(800) 675-9783
| Alpine, California News |
Red-flag warning extended in county
The National Weather Service on Friday afternoon extended its red-flag warning for extreme fire danger to all of San Diego County, except the coast zones.
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Most school bonds pass; news awaited on Prop. U
Lakeside and Lemon Grove school districts are celebrating after easily passing bond propositions this week that will allow them to renovate classrooms and improve technology.
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Sycuan-to-Alpine pursuit ends with escape
A chase that started at the Sycuan Casino Thursday night ended when the man ran away from deputies in Alpine, according to the Sheriff's Department.
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Balance of Grossmont high school board shifts
The balance of power on the school board appears to have shifted in the Grossmont Union High School District after a bitterly - fought election.
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Motorcyclist dies in Harbison Canyon crash
A 64-year-old motorcyclist was killed in Harbison Canyon Monday after he collided with a large eucalyptus tree.
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ISU Grounds Department wins Green Star Honor Award
The Facilities Management and Grounds Department received a Green Star Honor Award for their work on the Genevieve Green Gardens at Ewing Manor.
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// News: 48Straight Series Finale This Weekend
Mountain biking's top professional racers will go bar-to-bar this weekend in the much-anticipated finale of the Jeep 48STRAIGHT Mountain Bike Racing Series in San Luis Obispo, Calif.
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Nancee E. Lewis / Union-Tribune The heat is on
San Diego County backcountry Cleveland National Forest: Alpine, Descanso, and Laguna Mountain Area: Descanso Ranger District, 445-6235; Palomar Mountain, Henshaw, Ramona and Oak Grove areas: Palomar Ranger ...
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Question elected officials tomorrow at Alpine event
Seen your credit card limit cut? Been turned down for an auto loan? Let us know how the credit crunch is affecting you.
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Candidates for Hunter's seat to meet in debates
TRIBUNE 7:13 a.m. October 21, 2008 EAST COUNTY: The three candidates competing to replace retiring U.S. Rep.
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A bond bigger than life
Mom feels son killed in Iraq is in a better place; now she betters the lives of troops, vets October 19, 2008 Early on the day that her son - Army Sgt.
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2 square off to represent huge area on school issues
Voters in a huge swath of the backcountry and much of the North County will choose either community college instructor Mark Anderson or businesswoman Rose Urdahl to represent them in the 4th District seat on ...
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Alpine-Dehesa Bike Ride
In the 1970s, the once tiny and now thoroughly suburbanized community of Alpine displayed a sign along its main highway boasting "Best Climate in the USA by Government Report." The town's boosters eventually ...
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Your Local Farmer wants to know........
Greetings from your local farmer. We have a small family farm in Alpine, CA Looking for opinions.
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Is 'Instant Mobile Home' Legal?
Phillip Staples was looking for an easy and less expensive way to help his aging in-laws. He bought a park model trailer from a company in Alpine called "Instant Mobile House." "I thought it was a win-win ...
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Rices pleads guilty to El Cajon liquor store killings
A man facing the death penalty in the March 2006 execution-style killings of a clerk and an owner of an El Cajon liquor store pleaded guilty Monday to two counts of first degree murder.
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Fire board draws five candidates for 2 seats
Two seats on the five-member Alpine Fire Protection District board are up for election on the Nov.
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Nelvin C. Cepeda / Union-TribuneRed-hot October
Strap in. October has arrived, and it's on a roller-coaster ride. In the span of three days, San Diego may lurch from sizzle to shiver.
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Different meanings of senior
Eileen and Stuart Merrill celebrate their 60th wedding anniversary at the Alpine senior luncheon.
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Alpine residents host raffle for tanker crew's family
Alpine County residents are holding a raffle to raise money for three crewmembers on an air tanker that crashed on takeoff on Sept.
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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