Andrews, 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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(800) 675-9783
| Andrews, South Carolina News |
Christmas tree mulch available free Saturday
Starting at 9 a.m. Saturday, free mulch from discarded Christmas trees will be available at these locations in the Columbia area: * The city's compost facility at 121 Humane Lane, off Shop Road, near I-77 * The ...
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Virginia Herring vonLehe
Mrs. Virginia Herring vonLehe of Walterboro, SC, widow of John Christoph "Jack" vonLehe, Jr., died early Saturday morning at her residence.
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Hemingway woman hit and killed by van
Sunday, January 04, 2009 at 9:24 p.m. A Hemingway woman was killed Saturday night after being hit by a car while trying to cross the street.
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Mother and 5-year-old son dead after Georgetown County fire
A mother and her 5-year-old son are dead after their Andrews home caught on fire.
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Report: Infant "severely burned" in Andrews structure fire
Published on 1/3/2009 Written by Scott Harper A baby was rushed to the Georgetown Memorial Hospital with what an EMS worker described as "severe burns" at about 8:50 p.m. Saturday.
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Family reflects on mother and daughter killed New Year's night
Published on 1/2/2009 Written by Scott Harper Ten-year-old Audrey Dennison loved her mother and always wanted to be with her.
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Mother and her 10-year-old daughter killed in Georgetown
A Georgetown woman and her 10-year-old daughter were killed Thursday evening when they were struck by a sport utility vehicle as they crossed U.S. 17, according to the S.C. Highway Patrol.
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Arthur Manning Flowers Jr.
Arthur Manning Flowers, Jr. died Monday, December 29, 2008, at Still Hopes Episcopal Retirement Community in West Columbia.
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Armed robbery reported near Andrews
The Georgetown County Sheriff's Office is investigating an armed robbery Monday night that involved three suspects robbing entering a home on Gator Lane.
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Red Cross dishes up for 20 years
Jack and Melba Cypher, both 84, have been serving Christmas meals to Myrtle Beach residents through good and bad times since 1989, the first year the Grand Strand chapter of the American Red Cross offered its ...
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Georgetown sheriff's deputy hospitalized after wreck
A Georgetown County Sheriff's Office deputy injured today in a collision while responding to a call has been hospitalized.
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Surfside taps tax returns for fines
Not paying a parking ticket in Surfside Beach could mean the town can take it from your state income tax return under a recently passed ordinance.
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Planners approve impact fees
Published on 12/18/2008 Written by Scott Harper Former Georgetown County Administrator Tommy Edwards spent part of his first night as a member of the County Planning Commission trying to convince developers why ...
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Georgetown County planners support fees for building
Deciding that newcomers should pay for the infrastructure improvements needed with growth, the Georgetown County Planning Commission voted in favor of proposed impact fees Thursday night.
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Georgetown County considers adding fee on building
Developers could pay thousands more to build new homes and businesses in Georgetown County next year under an impact fee proposal the county's planning commission will consider today.
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Suspect charged in shooting that led to cousina s death
A Williamsburg County man has been arrested in connection with a Nov. 30 shooting that left his cousin dead, Williamsburg County Chief Deputy Sheriff Dwayne Wilson said.
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Leads sought in slaying at apartments
Danica Armstrong thought it was a vacuum cleaner. Zakiya Cammon thought it was a blender.
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Red Cross will host Christmas Day dinners
The local American Red Cross will once again host a Christmas Day Dinner on Dececember 25 for those who need a hot meal and a warm place to spend their holiday.
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Lexington deputies search for 'most wanted'
Friday, December 12, 2008 at 3:15 p.m. The Lexington County Sheriff's Department is searching for three of the Midlands Most Wanted.
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Buses ramp up new route
The launch of The Coast RTA's new Georgetown County bus route Monday went as expected, an official said.
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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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