Artois, 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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| Artois, California News |
Wine, wine, beer, Loose Goose
Red wine, music, good beer and good weather drew a record crowd to the fourth annual Loose Goose Wine Festival over the weekend, an event official said.
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I-5 motorcyclist dies evading arrest at 150 mph
A man California Highway Patrol officers chased at speeds up to 145 mph on Interstate 5 Wednesday night died when he crashed his motorcycle near Artois at an even higher speed.
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"Come on Down" to Splendor in the Valley
Well known television personality Cal Worthington, host of the annual Glenn Medical Center hospital fund raiser "Splendor in the Valley" scheduled for Saturday night Sept 13th, is well known for using the ...
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Farmers dodge R.B. dam drama
Lake Red Bluff is disappearing, but Mid-Valley farmers have enough water for the year, officials said.
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Splendor in the Valley
The public is invited to attend Glenn Medical Foundation's gala event "Splendor in the Valley" at 5:30 p.m., Sept.
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'Wet' counties are running dry, too
"Everybody thinks the water shortage only affects the San Joaquin Valley and that everything up here is hunky-dory," Glenn County farmer Mike Vereschagin said.
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Red Bluff artist creates paintings 'straight from her heart'
Oleta Tucker has been named Artist of the Month for the Red Bluff Art Association.
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New home opens for Cal/West Seeds
A ribbon-cutting ceremony is held for Cal/West Seeds at the firms new headquarters on County Road 98 at County Road 27.
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largest olive mill in North America set to open in fall
Oroville-based California Olive Ranch Inc. continues to make progress on building the largest olive mill in North America.
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Anheuser-Busch confirms InBev's $46.3B takeover offer
East Bay Business Times - by Matt Allen St. Louis Business Journal Anheuser-Busch Inc.
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Homes evacuated in Orland blaze
The Corning Fire Department assisted in a 60-80 acre fire, just north of Orland city limits Sunday where between 300-500 people were evacuated from their homes, said Orland Police Chief Bob Pasero.
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Report: Belgian brewer InBev considering $46B takeover of Anheuser-Busch
East Bay Business Times - by Matt Allen of the St. Louis Business Journal The Belgian brewer InBev is reportedly working on a $46 billion takeover bid for Anheuser-Busch, according to the FT Alphaville Web ...
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Lamb Derby delights crowd
"It's a way to get everyone together and show pride in the community." A float in the guise of a lamb sheepishly creeps along Sycamore Street, past onlookers who sat along the Lamb Derby Parade route Saturday in Willows. via Chico Enterprise-Record
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Letter: History of church explained
Recently someone asked about the history of the old church at 230 W. 16th St. As a former worshiper at that church I would like to give a brief history of it. via Mercury-Register
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California: Big olive mill in works
Oroville-based California Olive Ranch Inc. plans to break ground today near Artois, Glenn County, on what it says will be the largest olive oil mill in North America. via Olives 101
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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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