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Pinole, 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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Pinole, California News
Demographics, seismic issues on school board's agenda

The West Contra Costa school district board plans to tackle a variety of issues at today's meeting, including a farewell bid to a longtime administrator, student demographics, seismic issues at various campuses ...


Police close Pinole massage business

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Pinole bistro supporting the arts

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city beat

Skate park input: Richmond residents can help design and plan a new skatepark at a community meeting next month.


Improvement plan approved for East Bluff Apartments

Pinole officials and the manager of the East Bluff Apartments have agreed on a security and site improvement plan to combat crime and blight.


Blaze Guts Family Home, Kills Pet Dog

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Tank Vessel Touches Bottom, San Pablo Bay

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Contra Costa sidewalk-fix decree irks residents

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Have a coffee, help Meals on Wheels

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Tanker grazes bottom in San Pablo Bay

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Divers To Inspect Tanker That Grazed Bottom Of Bay

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Massive Tanker Scrapes Bottom In San Pablo Bay; No Spill

A tanker carrying about 272,500 barrels of diesel fuel grazed the bottom of Pinole Shoal Channel in the San Pablo Bay off the coast of Rodeo Friday, but the U.S. Coast Guard hasn't found any signs of pollution, ...


Diesel tanker grazes bottom of San Pablo Bay; no spills reported

Cape Brasilia A tank vessel grazed the bottom of the San Pablo Bay early this morning, but no signs of pollution have been found, the Coast Guard said.


West Contra Costa releases list of potential schools to be closed

The West Contra Costa school district this afternoon released a list of schools to be considered for closure over the next two years.


Trial in San Pablo man's death begins

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City manager set to take lead in Pinole, again

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Tilden will celebrate year's shortest day

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Pinole concerts to celebrate the season

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community digest

OFFICIALS SEEK BIG TURNOUT FOR PLANNING MEETING: Pinole officials urge residents to attend a meeting Thursday on the specific plans for three of the city's most vital commercial corridors: San Pablo Avenue, ...


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