Asbury, NJ Divorce Buyout in New Jersey
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 New Jersey, 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 NJ
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(800) 675-9783
| Asbury, New Jersey News |
Clinton Township police blotter
CLINTON TOWNSHIP WARRANT ARREST, Dec. 18: Patrolman John Tiger arrested Jarrett Lipko, 27, with addresses in Bath and Bethlehem, Pa., after discovering him in a McDonald's parking lot, police said.
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Bouncing Souls are coming home for the holidays
If, while he was still in high school, Greg Attonito had been told that he and his bandmates' surly cadences would one day become a rallying cry for a retaliation against then-modern rock's pap-distended ...
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Radio stations want to share your holidays
Count on big holiday music shows and holiday programming dominated by classic favorites this season, as stations big and small try to reconnect with listeners on a more intimate level.
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On The Beat
Trentona s Minnesotaa s Calling plays Asbury Lanes on Saturday with The Roadside Graves.
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Asbury center to get outreach worker
The state should come through with money by year's end for the Asbury Park Community Health Center to hire an outreach worker - another step in trying to get more women to the doctor in their first three months ...
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Asbury to pay $700G for 50 lots
The city and the company of the late power broker Philip Konvitz have reached a court agreement for Asbury Park to pay $700,000 to get back 50 vacant Springwood Avenue lots on which Konvitz failed to build on ...
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Marconi's Jersey Shore think tank still striving
Some endeavors are just too innately important to let fail. InfoAge, the Information Age Science-History Learning Center on the site of the former U.S. Army base known as Camp Evans, on Marconi Road, in Wall ...
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Former Asbury officer sentenced; forced to pay restitution
A former Asbury Park police officer who pleaded guilty earlier this year to stealing unemployment benefits was sentenced Friday to pay $9,080 in restitution to the State of New Jersey.
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On The Beat
From left to right: Burlesque superstars Clams Casino, Jonny Porkpie, Nasty Canasta and Neil Oa Fortune star in the 25th annual Miss Asbury Lanes 1983 Pageant at 8 p.m. Saturday at Asbury Lanes .
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NJ Wedding Reception On The Beach Catered By Merri-Makers
M2 Caterers served gourmet cuisine at the first wedding reception of the newly renovated Berkeley Carteret Hotel in Asbury, New Jersey.
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Despite drives, public radio is a bargain
What could be less timely, as Wall Street's vital signs bounce up and down like tots on a trampoline, than to ask people now for money? But this is donor pledge season at many public radio stations.
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Clinton Township police blotter
CLINTON TOWNSHIP: HINDERING APPREHENSION, 7:40 p.m. Oct. 10: Officer Jennifer Petruzziello stopped a vehicle driven by Rebecca Schnetzer, 22, of Asbury on Route 31 near Halstead Street on failing to maintain ...
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Letter Writer of the Month: Gerald Kamber
Gerald Kamber says he's a "local yokel" in the Asbury Park area. Born and raised in Asbury, he graduated from the former Bond Street School and Asbury Park High School.
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Bergen Offers Philanthropy/Leadership Seminars
Bergen Community College's Nonprofit Institute of Philanthropy and Leadership will offer a nine-session seminar series on topics pertaining to the sector such as grant writing, fundraising and leadership ...
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Program brings dental care to Asbury kids
"I've never had a cavity in my whole life," 8-year-old Santiige Portlock announced as she stepped into the makeshift dentist office at Thurgood Marshall Elementary School Thursday morning.
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Plans for Oyster Festival in Asbury bigger than ever
At least 18 restaurants plan to join in the Guinness Oyster Festival under the tents from noon to 6 p.m. Sept.
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Asbury to upgrade bus, rail center: Upgrades planned at Asbury Park bus, train station
City officials soon will begin a number of improvement projects for the Transportation Center to keep transforming the one-time white elephant into a viable venue for travelers and residents.
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Asbury cop puts art skills to use
As a high school student, Alastair Sweeney worked as a freelance artist, drawing illustrations for the children's pages of The Irish Press.
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Transit districts gaining popularity
It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.
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Transit districts gaining popularity
It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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