Adairsville, GA Divorce Buyout in Georgia
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 Georgia, 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 GA
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| Adairsville, Georgia News |
Christmas Kick-off
The Cartersville-Bartow County Exchange Club is sponsoring a Christmas parade through downtown Cartersville Thursday beginning at 6 p.m. Adairsville follows suit with a parade of its own on Friday to officially ...
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Opi's Adairsville closing; business booming in Rome, Shannon
The Opi's Grille location on Joe Frank Harris Parkway in Adairsville is closing, but business is good in Shannon and Rome, said Mel Funk, whose wife, Kristen, owns Opi's. According to Funk, the lease was up on ...
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2008-09 RHS wrestling schedule
The Rockmart High School wrestling team gets started Thursday, Dec. 4, hosting Chattooga, Model and Carrollton.
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More police items: 1 injured in wreck
The driver of a Dodge Dakota, Christopher Nation of Adairsville, was traveling north on East Second Avenue when he was struck by a Dodge Grand Caravan turning left on East Second Street driven by Gordon Leiter.
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Haunted History
Linda Bass, Chairperson of the Adairsville Downtown Development Authority stands in front of McCollum Manor, whose tenants include a ghostly figure in white Ita s in the brief sightings of a woman in white as ...
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Fire destroys house near Adairsville
Shortly after 4 p.m. today, Rome Firefighters arrived at 471 Kirby Road near Adairsville and found the house completely engulfed in flames.
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Felony shoplifting
Misty Dawn Mullins, 28, of 21 Holcombe Spur Road in Adairsville, was taken into custody by Rome police around 4 p.m. Mullins allegedly failed to pay for a cart full of grocery items at Kroger on Turner McCall ...
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Bartow officials say arsonist caused $100,000 in damage to father's barn
An Adairsville man has been arrested for arson after a fire in his fathers barn caused more than $100,000 in damage, reports stated.
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Adairsville teen charged with felony burglary
1, reports stated. Nathan Bradley Culberson, 17, of 5111 Adairsville Road is charged with felony burglary.
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Local artists on display at a
In a word - art. Every Thursday, this group of local artists meet at the Bartow County Senior Center on Zena Drive and although on the surface they're your typical assortment of artists who dabble in water ...
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2 arrested after police chase in Adairsville
From Cartersville Daily Tribune News 2 arrested after police chase A police chase in Adairsville Saturday evening resulted in the arrest of a man and a woman.
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Warrior band festival planned Saturday
The Seventh Annual Warrior Invitational Marching Festival will take place at Ratner Stadium on the Gordon Central Complex today at noon.
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Resaca teen arrested
A Resaca teen was arrested along with two juveniles from Adairsville after a break-in at an Adairsville business last week.
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Youths arrested for burglary of Adairsville business
Three teens have been arrested in connection with the burglary of an Adairsville business, the Bartow County Sheriffs Office said.
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Giving Chase
Adairsville Historian Jerri Holloway displays a copy of the Big Shanty Century from April 12, 1862 with a front page story about ?The Gen-eral? locomotive being stolen by the Andrews Raiders.
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Convicted felon allegedly fires gun into group in Adairsville
From Cartersville Daily Tribune News Convicted felon allegedly fires gun into group in Adairsville An Adairsville man was arrested Thursday night after he allegedly fired a round from a handgun into a group of ...
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Addict turns life around, now hooked on education
Life has always been about goals for Tenn Harbin. Those goals have changed drastically for the 34-year-old father of two who is working toward buying a home and finishing college.
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Appalachian spas soothing, uplifting
For centuries, the tranquil foothills and mountains of the southeastern United States have provided the perfect setting for world-class spas.
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Bartow community service organiztions receives $500,000
From Cartersville Daily Tribune News NBCS receives $500,000 grant for building The North Bartow Community Services' building, located at 2397 Hall Station Road, Adairsville, is bursting at the seams.
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Adairsville library look-ing ...
Becky Stiles, branch man-ager at the Adairsville Public Library restocks books in the children's section Thursday Over the next three months the library is looking to expand its own chapter of the Bartow County ...
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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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