Dixon, 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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| Dixon, California News |
SCC board to show it's ready to listen
Solano Community College board members will meet tonight to formalize their commitment to resolving serious fiscal and leadership issues that threaten the school.
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Vaca, Dixon roads ranked 'good'
Depending on where you travel in Solano County, road conditions are likely to be miles apart.
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Finance
The crystal ball forecast for finance is far from clear - and not very bright. "I see it as more of the same, only it won't be exactly the same because some of the players are gone," said John Onsum, chief ...
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Driver says load shift led to crash; his injuries minor
CHP Officer William Less surveys the damage after a tractor-trailer overturned into a drainage ditch on the I-80 Pedrick Road off-ramp. The driver of a big rig trailer loaded with rice, rolled the vehicle ...
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Police arrest burglary suspects
Woodland and Yolo County law enforcement officers have arrested several suspects accused of being related to a string of robberies in the county, police said Friday.
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Selected to lead Fiesta Days fun, Porter gets wish
Garland Porter has been selected as grand marshal for Fiesta Days 2009. He's always wanted to be grand marshal of Vacaville's Fiesta Days Parade.
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No Source Found In Solano Teen's E. Coli Death
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No source found in California boy's E. coli death
Solano County public health officials have closed their investigation of a deadly E. coli infection without finding where the youth contracted the bacteria.
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A surprise from 'Santa'
Fernando Garcia, 5 of Dixon, California breaks out in a big smile and giggles after he got a special early visit from Santa Claus who stopped by his home on Monday, December 21, 2008.
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DIXON: Water wasn't source of E. coli that killed Dixon teen
In the wake of the tragic E. coli death of a Dixon youth, Solano County Public Health officials say they have confirmed that water in the city is safe to drink and not the source of the child's infection.
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There's still time to receive a toy
Even though the Dixon Toys for Tots/Community Christmas Programs held four days of screenings and sent out more than 4,000 notices to parents in the Dixon Unified School District, some parents missed the ...
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Dixon child dies of E. coli
An unidentified Dixon child died Friday of an E. coli infection and a second child is being tested for a possible infection, Solano County Public Health officials confirmed Friday.
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Dixon child dies of E. coli infection
An unidentified Dixon child died of an E. coli infection late Thursday, Solano County Public Health officials have confirmed.
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Tasting Room: Worth the search
Ack, we really don't want this to become yet another installment in "getting lost on the way to the winery." We've turned off Pedrick Road in Dixon, looking for Purple Pearl Vineyards, and it pretty quickly ...
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Tree vendors say business is good
As Christmas day draws near, there is still plenty of time to visit your local tree lot to pick out that perfect Yule tree.
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Dixon using Vaca's experts
Vacaville and Dixon are working together to see that first-time home buyers can afford to move into a house.
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Sit. Stay. Shop ... Rethink the premise
The city of Fairfield wants its residents to shop in Fairfield, while Vacaville is campaigning to keep its citizens shopping in Vacaville.
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Wreaths Across America pays respect to vets
With the belief that war veterans should never be forgotten, Curtis Stocking of Vacaville and his buddies placed holiday wreaths on graves three years ago at the Sacramento Valley VA National Cemetery.
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Fiscal Tsunami: Schools are about to be awash in red ink
Watching the state decide how much money California schools will actually have to work with this year is like waiting for a tsunami.
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Local group hopes to build motocross track in Vallejo
Dusty, sweaty and exhilarated, the three would ride their motocross bikes for hours.
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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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