Berry Creek, 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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| Berry Creek, California News |
The Newcomer
This will be my last column for 2008. I hope to join my snowbird friends in the Arizona sunshine for the Christmas Holidays.
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What's Hapening
7, at the Western Pacific Brewery and Dining/The Depot. Open to public. Topics on the agenda include the dinner at 6 p.m. on March 20 with tickets still available.
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What's Happening
Senior Nutrition Lunch Program, home delivery for January. Suggested meal donation is $2.50 for seniors per meal.
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The Paradise Unified School District closing schools today because of the snow storm.A Meanwhile, the Golden Feather School District has also cancelled classes today due to snowthat closure affects about 140 ...
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Wildland fire safety discussion draws large crowd
Most General Plan discussions focus on development and largely economic issues take center stage.
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What's Happening
Feather River Recreation and Park District cartooning classes for kids. Art for Kids, 7-13 years old, 3:30-4:30 p.m. Wednesdays, Nov.
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What's Happening
Yankee Hill/Concow Grange will have a ham dinner from 5-6 p.m. on Saturday, Dec.
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Berry Creek woman arrested for DUI after logging truck accident
A 57-year-old Berry Creek woman was arrested for Driving Under the Influence of prescription medication after she veered into the wrong lane hitting an empty logging truck on Clark Road Tuesday morning.
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What's Happening
The Oddfellows and Rebekah lodges will serve breakfast Sunday, Oct. 26, from 8 a.m. to noon at the IOOF Lodge Hall, 1470 Oliver St.
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Alberta, CA
Displaying 1 to 10 of 13 items. Wednesday, October 22, 2008 BCCS raises lots and lots of money for Terry Fox Run Posted 23 hours ago in News / Local News Pie throwing, milkshake day, a pep rally and donation ...
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Man jailed after shooting neighbor in face
A man suspected of shooting a Berry Creek resident in the side of the face was arrested Monday evening, following the incident.
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1 Arrested In Butte County Shooting
A man was jailed for allegedly shooting another person in the face after a Berry Creek dispute rooted in earlier road rage incidents, police say.
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Berry Creek resident shot in face
Enloe FlightCare was called for an unidentified person shot in the face at a home on Buckboard Way tonight, but the victim reportedly refused medical aid.
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Bratwurst grill, concert raises $16,000 toward new rescue truck
The Berry Creek Volunteer Fire Department raised about $16,000 toward a new rescue truck with the help of a 65-foot grill and the Sacramento-based alternative rock band Cake Saturday.
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What's Happening
Forty-five years of political memorabilia is being displayed in the Tandy Room of the C. F. Lott Home in Oroville from a large scrapbook of Betty Williams, donated by her family, which includes many clips from ...
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Fight fire with rock
PIECES OF CAKE Sacramento's CAKE is very active on its Web site. Visit www.cakemusic.com for voter registration, concert carpools, newsflashes of important social and environmental issues, plus Chico Bags for ...
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Top-name band plays at benefit concert for
Oroville will welcome a sweet rock band to the Municipal Auditorium Saturday. CAKE, the band known for its hit song "Short Skirt/Long Jacket," will perform at 7 p.m. Saturday to benefit the Berry Creek ...
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Santa Rosa man arrested on pot, weapons charges
A Santa Rosa man who said he was going back to the Bay Area after helping a friend tend a medical marijuana grow in Berry Creek, was arrested Sunday night by Glenn County sheriff's deputies.
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What's Happening
The City of Oroville Docent Association installed five new officers: Lead Docent Nancy Stowell, Assistant Lead Docent Lydia Anthony, Secretary Dorothy Kissell and Treasurer Janice Clay.
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Band Concert to Benefit Volunteer Fire Department October 18
The Berry Creek Volunteer Fire Department will kick off their fundraising to buy a new fire-fighting vehicle with a benefit concert by Sacramento-based band CAKE on October 18, 2008 at the Oroville Municipal ...
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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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