Aynor, 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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| Aynor, South Carolina News |
Couple arrested after man stabbed, woman beaten
On January 2 in Galivants Ferry, an officer responded to a domestic call and found a female victim, 30, standing in the carport crying with her shirt about half off She had a busted lip and bruises on her face ...
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Police respond to report of shooting near Aynor
Horry County police are responding to a report of a shooting south of Aynor off U.S. 501, Lt.
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Crime blotter
On Dec. 23 in the Conway area, an officer arrested a woman on suspicion of driving with a suspended license.
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Roads creep near homes
Connie Finkel and her husband, Gregory, bought their Socastee home on S.C. 707 and Green Bay Circle 10 years ago knowing that the S.C. Department of Transportation had plans of encroaching on their property.
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Crime Report
Carolina Forest: A woman, 37, said her ex-boyfriend, 37, called her on Dec. 21 and said if she went to the Dixie Stampede, he would come kick her and her friend's . He then went to her apartment to drop off ...
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Grinding of the Greens: Recycle your Christmas Tree
Many Eastern Carolinians will be un-trimming their Christmas trees during the coming weeks.
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Holiday closings in the Myrtle Beach area
24 and 26. Garbage pick up will be on Tuesday, Dec. 23. Atlantic Beach - also closed on Dec.
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Cadets hope to march at parade in January
They've marched in parades from Lumberton, N.C., to Aynor to North Myrtle Beach, and now they're awaiting word on whether they'll be chosen to march in a parade destined for history.
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Aynor home goes up in evening blaze
A fire that started just before 7:30 p.m. Thursday destroyed a large, single-family home in the 3800 block of Goff Road east in Aynor.
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Naming MI boat landing for Wallace E. Lee wins support
Directors for Murrells Inlet 2007, a revitalization group dedicated to making the Inlet a great place to live, work and visit, have agreed to support efforts to rename the Murrells Inlet Boat Landing.
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Where We Worship
The Sun News prints announcements of special events for local religious organizations at no charge.
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Man assaults 8-year-old boy at bus stop
On December 9 in Galivants Ferry, an officer responded to a location where he had been a number of times.
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Ride II projects on schedule
RIDE II projects on schedule By Paul Gable The Herald Horry County-Although Horry County residents have yet to see heavy equipment at work, the top four major projects designated by the RIDE II road plan are on ...
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Conway business robbed by armed men
Conway police are searching for suspects in an armed robbery of a title company, according to a police report.
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Aynor man begins prison sentence
An Aynor man began serving a 15-year prison sentence at a Columbia area prison for the 2006 kidnapping and sexual assault of an 11-year-old girl in Horry County, according to the state Department of ...
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Two-vehicle collision kills one person
A 76-year-old Loris woman was killed in a two-vehicle collision near Aynor Sunday night, according to state highway patrol officials.
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11-year-old's kidnapping leads to 15-year term
An Aynor man was sentenced to 15 years in prison Tuesday after he pleaded guilty to abducting and sexually assaulting an 11-year-old girl after she got off her school bus in 2006, according to Sanford Graves, ...
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Aynor man gets 15 years in 2006 child abduction case
An Aynor man will spend the next 15 years in a South Carolina prison for kidnapping a 12-year-old girl from a bus stop, then trying to rape her in a patch of Horry County woods.
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Horry County accident injures mother, child
Tuesday, December 02, 2008 at 7:03 p.m. Highway Patrol is investigating an accident that sent a mother and young child to the hospital.
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Horry County Schools celebrate tax passage
Monday, November 24, 2008 at 5:36 p.m. A Local school leaders say they wouldn't have been able to get the penny sales tax passed without the work of a lot of people.
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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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