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Dunsmuir, 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
| Dunsmuir, California News |
Model railroad on track for Christmas week
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Gerber man keeps north state on track: Miniature railroad running for holidays
Godfrey Humann is a story teller. Through his elaborate miniature train display he tells stories about a landscape with rolling hillsides and tall mountains, all connected by train track.
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Get Out: Holidays at the Dunsmuir estate
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Annalee Allen: New book explores I.W. Hellman's impact on Bay Area, California
The 38th year of Holidays at Dunsmuir is about to get under way. Attending this annual event at the Dunsmuir Historic Estate has become a cherished tradition for many Bay Area households, and a new book written ...
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Princess Cruises Christens Newest Ship, Ruby Princess
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Wedding Bells to Ring During Naming Festivities for Ruby Princess
28 /CNW/ -- What better way for "the most romantic cruise line" to celebrate the launch of its new Ruby Princess than by incorporating an actual wedding in the naming ceremony? In a first, a California couple ...
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100 years ago - Daily News, September 19, 1908
An Old Friend To Return To Red Bluff Ross McAmis, who for some time has had the management of the Weed Hotel at Dunsmuir has been engaged by Conard and Boyd to take charge of the Tremont in this city and will ...
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Rudolph Schindler's Mackey Apartments are open for viewing
FANS OF Rudolph Schindler can see the late architect's 1939 Mackey Apartments and view the work of the MAK Center's artists and architects in residence during a free open house Saturday.
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Folk, pop artist takes melodies to Dunsmuir
Al Stewart, the folk and pop singer/songwriter best known for his multi-platinum selling albums "Year Of The Cat" and "Time Passages," headlines The 2nd Annual Mossbrae Music Festival on July 19 at Dunsmuir ...
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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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