Applegate, 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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(800) 675-9783
| Applegate, California News |
Placer sees winners emerge in 2 tight races
It took almost three weeks to determine the winners in tightly contested races for a two-year seat on the Roseville City School District and the Division 5 seat on the Placer County Water Agency.
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Sales and property tax revenue slow for cities
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Supreme Court agrees to hear Prop 8 case
The California Supreme Court announced today that it would hear the three cases challenging the validity of Proposition 8, the same-sex marriage ban 52 percent of voters approved earlier this month.
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Peaceful March and Protests Take To The Streets During VillageFest
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Lowe's EIR is released by the city
The city of Sonora has released a draft document outlining the environmental impacts of a proposed Lowe's home improvement store.
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Is Seth Green the New 'Bud Bundy?' - ET
";" src="http://www.etonline.com/media/video/2008/11/65057/et_marriedwithchildrenbts_081213_slate.jpg" style="border-width:0px;" /> In the '80's television sitcom "Married With Children", David Faustino played ...
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Wollan shouts - "Fire"
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Wollan Strikes Out!!! -- Confirms NO Priority for District 5 Projects
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jasellers
I also have a fact based web site related to the campaign by Ben Mavy to unseat Otis Wollan as the incumbent PCWA Director of 20 years at at http://groups.yahoo.com/group/benmavy I also run the City of ...
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Applegate wows crowd at Emmys
Actress Christina Applegate arrives at the 60th Primetime Emmy Awards held at Nokia Theatre on September 21, 2008 in Los Angeles, California.
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ET's Emmy Party Cole Haan Gift Bag - ET
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Tori Spelling: 'Inspired' by Christina Applegate - ET
Tori Spelling: 'Inspired' by Christina Applegate ";" src="http://www.etonline.com/media/video/2008/09/59318/et_toripinkevent_080918_large.jpg" style="border-width:0px;" /> Tori Spelling tells ET she is ...
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Reno man dies in accident near Weimar
A 70-year-old Reno man died in a single-vehicle accident Monday afternoon on Interstate 80 east of Applegate, according to the California Highway Patrol.
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Murphy offering - common sense' for board
Ryan Murphy admits he's not an education expert but his experience as a community member is what will count this November.
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Reel Critics: - Rocker' awash in lowbrow humor, forgettable acting
Rainn Wilson made his initial leap into the spotlight on a popular TV series. He has been featured in the offbeat stories of "Six Feet Under" and "The Office." He also garnered a spot in the Academy Award- ...
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Measure P provides critical funding, fire officials say
' Placer Hills Fire Protection District officials say medical and fire emer-gency response times could double if a complicated ballot measure isn't passed by voters Nov.
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Canyon crash injures two in isolated Applegate area
Emergency personnel work on accident victims after an accident on a closed section of Applegate's Boole Road leading into the North Fork American River canyon.
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Services stretched
Not only can state legislators not agree on a budget, but California's budget crisis is forcing county programs, especially social services, to do more with less when they are already stretched thin.
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Bass at Applegate's bedside through recovery
Actor Lance Bass attends Fuse TV's Grammy party at GOA on February 7, 2008 in Hollywood, California.
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A's On Deck
Hose Stuck In Dog And juice squirted in its eye. What's with this TV show? Your Whole Pet.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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