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Brentwood, 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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Brentwood, California News
Loss of honor and dignity

On Dec. 21, a couple driving a late-model Dodge pickup truck stopped near the field at the corner of Nottingham Drive and McClarren Road in Brentwood.


Brentwood captures top spot in annual survey of Bay Area road conditions

Late afternoon traffic moves along smoothly along Balfour Road at Fairview Avenue in Brentwood, Calif., on Wednesday, Jan.


Brentwood Police Calls

The following calls were among those handled by the Brentwood police Dec. 29-Jan. 4 according to information provided by the police department.


Datebook

12. Auditions open to children and teens. Be prepared to read from the script. No participation fee required.


Senior Center to open

Brentwood residents will celebrate the completion of the citya s new Senior Activity Center at Griffith Lane and Balfour Road next week, and dance well into the night doing so.


'Throw-back' business a cut above

Brentwood Fine Meats owners Greg Karkas, left, and Bill Harris stand beneath an appropriately vintage sign salvaged from a former Brentwood store.


Datelines

Call 800-448-3543 or www.beadonor.com to schedule an appointment. Saturday, Jan.


Brentwood Police Calls

The following calls were among those handled by the Brentwood police Dec. 22-28 according to information provided by the police department.


Roddy Ranch housing project moves forward

The Antioch City Council has given the preliminary go-ahead to a 650-unit upscale housing development that will also provide $10 million in community and regional benefits.


Vic Stewart's triggers steakhouse stampede

Diners prepare to enjoy a hearty meal at Brentwood's newest restaurant, Vic Stewart's, located at 2270 Balfour Road.


Going martial against cancer

Crosley Gracie Jiu-Jitsu raised money for the Pancreatic Cancer Foundation as part of the recent grand opening celebration of its new facility at 3291 Walnut Blvd., Suite 140 in Brentwood.


Brick's Picks: Champagne Grooves

The 4th Annual Filipino American Jazz Festival is at Catalina Bar and Grill this Saturday.


Brentwood Police Calls

The following calls were among those handled by the Brentwood police Dec. 15-21 according to information provided by the police department.


East County Datebook

Louis" - 4-6 p.m. Jan. 2 and 1-3 p.m. Jan. 3. Auditions open to all actors ages 8-18. A $100 nonrefundable participation fee is applicable.


Jessica Alba and Cash Warren have lunch in Brentwood, CA

Better late than never. Jessica Alba and husband of seven months, Cash Warren , threw themselves a long-overdue wedding reception Saturday night at their Beverly Hills home, according to Usmagazine.com . ...


OJ victim denies he has Hall of Fame ring

A victim in O.J. Simpson's robbery of a Las Vegas hotel room denied Friday that he ever had the disgraced football star's Hall of Fame ring but a judge ordered him to hand over the bling if it ever comes into ...


Brentwood Police Calls

The following calls were among those handled by the Brentwood police Dec. 8-14 according to information provided by the police department.


Brentwood school district scheduled to get millions for construction

A Brentwood school district should get $19.5 million more from the state to build two new schools and modernize a third - pending the state budget crisis.


East County Community Digest

ADMINISTRATOR RECOVERING FROM fall: A Liberty Union High School District administrator is recovering after an accident over the weekend put him in the hospital.


Firefighter injured in blaze at Brentwood home

A firefighter went to the hospital and one person was displaced early this morning by a two-alarm fire that caused major damage to a Brentwood home and threatened two adjoining ones, a fire official said.


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