Aiken, SC Divorce Buyout in South Carolina
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 South Carolina, 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 SC
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| Aiken, South Carolina News |
Senators request audit of unemployment agency
Aiken Sen. Greg Ryberg said Thursday he and 17 other Republican senators asked the Legislative Audit Council to examine how the commission manages its resources and complies with regulations.
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Crime Alert: Traffic stop leads to big drug bust and $77,000 cash
AIKEN, S.C. a ' A traffic stop turned into a major drug bust late Tuesday night in Aiken.
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Two charged with safecracking at laundromat
An Aiken man charged with stealing coins from a York Street laundry early Tuesday told police he needed the money to pay for a traffic ticket he recently received from the same officer investigating the theft.
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Aiken Prep has received two accreditation memberships
Aiken Preparatory School has received two major accreditation memberships - the Southern Association of Colleges and Schools and the Southern Association of Independent Schools.
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South Aiken grad making a difference
Mark Pittman has two passions in his life - the pursuit of a medical degree and a strong interest in working with underserved populations.
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Aiken County Animal Shelter In Need Of Adoptions
Animal troubles for Aiken Countyas the economy goes down, the amount of cats and dogs being left to fend for themselves is going up.
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Search Warrant At Aiken County Hotel Sends Two To Jail
According to Lt. Troy Elwell, on December 31st, Aiken County Sheriff's Office investigators arrested two individuals after executing a search warrant at a local hotel.
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Aiken checking for DUI's
Because New Year's Eve can be such a dangerous time on the roads, Aiken is increasing patrols to keep drivers safe.
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Hahn Village shooting sends teen to hospital
Aiken Public Safety tells NBC Augusta a 19-year-old was shot in the head early Thursday morning.
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Aiken prepares for 10th Antiques Show and Sale
Aiken will once again become a regional fine art and antiques destination when the 10th annual Antiques in the Heart of Aiken comes to the Aiken Center for the Arts, Jan.
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12 more arrested in Aiken drug bust
As a result of a three-month undercover drug investigation, the Aiken County Sheriff's Office, arrested 12 more people late Monday at a home at 155 Kip Road, in North Augusta, South Carolina.
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New Year's Eve Checkpoints and DUI Enforcement Planned
In addition to the checkpoints motorists can expect additional officers assigned to the detection of impaired drivers on the roadways throughout the City of Aiken.
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Investigators find cocaine, marijuana, guns during arrest
Narcotics investigators seized cocaine and marijuana valued at more than $10,000, guns and cash during a search Monday at a Snipes Pond Road home, officials said.
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Aikenite on death row heads back to court
The South Carolina Supreme Court has again ruled that former Aikenite Donney S. Council will return to court for a sentencing hearing after his death sentence was struck down.
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Drugs, guns found during bust in Aiken
A man charged with dealing drugs in Aiken is in jail Monday. After a two month investigation Aiken County deputies raided the home of Robbie Seigler on Snipes Pond Road.
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Only on 12: Aiken County investigators looking into another arson case on Westover Drive
Jesse Williams says he remembers the night his neighbor's home went up in flames just like it was yesterday.
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Third suspect nabbed in murder investigation
A third individual has been arrested in the murder of a 61-year-old Aiken man who was found dead in his home last Saturday.
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Aiken Gas Drops To $.91 Per Gallon
It was just a few months ago we were paying more than 5 dollars a gallon. Not anymoregas in Aiken tonight is less than one dollar.
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City of Aiken not disposing of Christmas trees this year
With Christmas just two days away, it will soon be time to undeck the halls and tuck away your holiday decor for next year.
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Aiken Arson-Homicide
December 24, 2008 AIKEN, SC-- New information from Crime Team 12 on an Aiken arson-murder investigation.
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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