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Reverse Mortgage
Divorce Buyouts
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Copperopolis, 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
| Copperopolis, California News |
Calaveras animal shelter sees brighter days
Many fewer adoptable pets are being euthanized these days at the Calaveras County Animal Services Division.
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Year in review 2008
Fourth in a series September A rogue buffalo in search of apples and the death of a beloved pachyderm dominated the headlines in September 2008 as did several land use projects involving everything from ...
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New ore cart comes to Parrotts Ferry
Pictured after placing about 24 tons of rock around the cart are Jim Heryford, left, Diane Gray, Kevin Fischer, Mario Delgado and Jack Boeding.
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New Ore Cart Welcomes Calaveras County Visitors
A new ore cart sponsored by the Chamber of Commerce Visitors Bureau is welcoming visitors to Calaveras County.
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Building over Tulloch's water on thin ice
Calaveras County planning commissioners voted Thursday to end a practice that contributed to runaway development along the shores of Lake Tulloch.
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86-year-old seeks GED
Mel Ogg, left, 86, and tutor Dave Montini prepare for a study session at the Copperopolis Library.
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One Arrest Made Following Timber Hills Shopping Center Dispute
Rodriquez was employed at the store and had asked his manager if he could be excused as soon as Lee Freitas of Sonora entered the store.
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Jardine: Kids still have big requests for Santa
From the e-mails, voice mails and other means: LAP OF LUXURY? -- Recently, wire stories made the rounds about how the recession supposedly has children across the country asking Santa for less this Christmas.
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Cal supervisors talk fire taxes
Property tax apportionments for two Calaveras County fire districts and the setting of an election date for a third will be considered by the Board of Supervisors on Tuesday, the board's last meeting of the ...
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Copper plans First Tasting event
Sixteen Calaveras County wineries have been invited to the 23rd Annual "First Tasting of The Year" in Copperopolis, a foothill tradition.
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Clampers paint the town red
Men in red shirts and women dressed like Gold Rush dance hall girls were common sights in Sonora this weekend.
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History highlighted at merchant festival
Nancy Turner of Copperopolis Area Business Association welcomes guests with a giant commemorative penny.
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County seeking money to build bike paths
A $500,000 grant to build a portion of a bicycle pathway in West Point is being sought by the Calaveras County Public Works Department.
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Sign ordinance again catches board's eye
The merchants at Copperopolis Town Square were running up against zoning codes that require 10-feet of clearance from the bottom of the sign to the sidewalk.
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Christmas wreaths support Bret Harte Grad Nights
Help support the Class of 2009 and Grad Night with the purchase of a Christmas wreath.
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Growth, detention before Calaveras supervisors
The Saddle Creek subdivision in Copperopolis has asked for 10 more years to complete its development agreement for the Calaveras Country Club.
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Defendant pleads not guilty in sword-attack case
A Copperopolis man pleaded not guilty to all counts and special allegations in court Monday and will face trial in December for his alleged involvement in an Oct.
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Dave Newhouse: Horse massager talks with her hands
There's "The Horse Whisperer," then there's the horse massager. How to distinguish? Rebecca Thomas of Oakland would know.
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Preps Plus: Golfer makes an ace in Mexico
Twain Harte golfer Bob Mannering went all the way to Mexico to record a hole-in-one. Mannering traveled to Ixtapa, Mexico, as part of a 33-member vacationing links group led by LPGA professional Mary Oliver of ...
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Community Readies for Pack Contest
There was a time in Gold Rush history when winter rains turned the foothills' dirt roads into muddy quagmires.
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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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