Bodega Bay, 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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| Bodega Bay, California News |
Winter's a wonder on the Sonoma Coast
Standing side by side, Mark and Angie Eakin stare at the waves crashing into shore.
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New life for endangered fish
The nets that volunteers held in a remote river valley near Bodega Bay were full of the squiggling bluish fish that biologists hope will be the seed population of a new race of coho salmon.
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Coho salmon are bred for diversity, strength
The nets that volunteers held in a remote river valley near Bodega Bay were full of the squiggling bluish fish that biologists hope will be the seed population of a new race of coho salmon.
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Fishing under Old Man Winter's nose
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Coastal Drilling Within Three Years?
The Feds are looking at the waters near Mendocino, Sonoma and Humboldt coasts for offshore drilling and some believe it happen in as little as three years.
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Surfs Up Along Bay Area Coastline
A high surf advisory was placed in affect for most of the coastline of the Bay Area on Friday.
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North Bay sure bets
NEW YEARa S EVE at 142 THROCKMORTON THEATRE "New Year's Eve Hometown Extravaganza,'' Dec.
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Bodacious Solution At Bodaga Harbour
Irrigation at The Links at Bodega Harbour had a major problem. Their solution provided more than expected.
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Whale watching season is here again
It's that time of year again, when the Grey whales migrate 7,00 miles from the freezing waters above Alaska to southern California to give birth to their enormous 1,500 pound calves.
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Whale-watching tours and festivals along the Pacific
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What 'Gorgeous' Bodega Bay Is Missing
Item: The Santa Rosa Press Democrat responds to the news with the headline, "Worth the Price." Plenty of bumpers in Bodega Bay sport the too-cute sticker that reads, "Bodega Bay - a quaint little drinking ...
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Travels with Valentino
Every once in a while, life in the world of writing about cars tosses up an unexpected bonus.
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Man dies when truck veers off Hwy 1 into ocean
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Everything's in season for squid along Pacific Coast
Out of Half Moon Bay, 100 miles out to sea, the ocean surface erupted for a half mile in a froth of white water and tentacles.
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The view: Location, location, location
What exactly is left behind after the movie cameras are packed away? Are the most memorable film locations uncanny places filled with strange energies that were always just waiting to be discovered, or random ...
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Bay Area Crab Season Off to Rocky Start
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Body Of Missing Man Washes Up Near Bodega Bay
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UCD professor found dead
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More indications of a bad crab season, low hauls reported in Monterey Bay
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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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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