Bodfish, 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
| Bodfish, California News |
Rainbow picture from Kernville
Californian photographer Casey Christie just e-mailed this gorgeous shot to the newsroom, taken Sunday evening in the Lake Isabella area.
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Latest news - Story: Officers bust 10 in Kern Valley sweep
Officers arrested 10 Kern residents Wednesday during a parole and probation check in Kern Valley communities.
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New Bear Attack? Not So Much
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Two bears killed, alleged bear attack turns out to be bogus
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Bear attack reported near Bodfish
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Valley icon Emily Diggles celebrates 80th birthday in style
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Kern Valley residents love their firefighters, volunteers
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Kern Valley residents love their firefighters, volunteers
Kern Valley Sun As wildfires continue to ravage the state of California, people are reminded just how fragile our forests, and life, can be.
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Large crowd at Forest Service Proposed Fee Meeting
Special to the Sun It was a full house at the Town Hall meeting organized and hosted by the Lake Isabella and Bodfish Property Owners Association on the evening of Tuesday, July 15.
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Forest Service Mulls Fee Increases At Lake Isabella
Residents voiced their displeasure Tuesday night to Forest Service officials over proposed fee increases at the lake.
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Latest news - Story: Flash floods strike Kern
BY JASON KOTOWSKI and GRETCHEN WENNER, Californian staff writers e-mail: jkotowski@bakersfield.com, gwenner@bakersfield.com Water walloped Kern County Sunday when floods forced Kern Valley residents from homes, ...
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Piute Flash Flood Warning & Evacuation
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Small Town Economy Booms From Piute Fire
Firefighters working on the Piute fire are beating back flames near several mountain communities while one local town's economy is booming as a result.
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Recommended Evacuation Notice Lifted
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Firefighters get a little more control over Piute Fire
Firefighters made gains on containing the Piute fire Friday with an additional 930 acres burned as of 4 p.m. Some of the acres lost were from a burning operation to create better lines, spokesman Ralph Gonzales ...
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Piute Evening Update for Tuesday, July 8th 9am PDT
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Piute Fire Scorches 5 Homes In 33,000-Acre Blaze
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update on the fire's spread and find out about tonight's meeting.
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Fire changes direction, jumps lines; evacuations urged
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Piute Fire Turns Towards Bodfish & Lake Isabella
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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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