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Arrington, TN Divorce Buyout in Tennessee

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 Tennessee, 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 TN

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Arrington, Tennessee News
DAR rededicates historic marker

The Old Glory Chapter, Daughters of the American Revolution held a rededication ceremony at the site of a monument erected on the Old Natchez Trace at Old Hillsboro Road in the Forest Home community.


Winter Weather Warmed Hearts For Santa

The spirit of Christmas was alive Friday night on the Murfreesboro square. A sea of Santa supporters were belt-to-belt from the Historic Rutherford County Courthouse to the outer circle.


Fountain City native named provost at Carson-Newman

An administrator at a Christian liberal arts college in Massachusetts is returning to her East Tennessee roots as the new provost at Carson-Newman College.


Historic Square ready to shine

The holiday season will be welcomed at 6 o'clock Friday evening with the annual Christmas tree lighting on Murfreesboro's Public Square.


Rogers, Cunningham win Mr. Football honors

Four area players from the Nashville area were selected as Mr. Football recipients at the Embassy Suites Hotel in Murfreesboro and sponsored by the Tennessee Titans.


County Christmas tree to light Dec. 5

Five, four three two one...lights!!! Friday night, December 5th is the date to save as Santa arrives to light the official Rutherford County Christmas Tree at the annual Celebrate Christmas Downtown event.


Williamson County Events Calendar: Nov. 20- Dec. 25

Thursday, Nov. 20 Foreign Exchange Series Marleen DeWaele-DeBock, a Belgian native, will speak about her art and influences from having lived on several continents with exposure to a variety of cultures at 6:30 ...


Tanya Tucker's Franklin home is on the market

After she sold her ranch and mansion in Arrington last year, singer Tanya Tucker bought something entirely different: a distinctive neo-Victorian home in downtown Franklin.


Social happenings

A Fine Wine Affair was a flavorful fundraiser held recently at Oaklands Historic House Museum to benefit the Civil War-era mansion.


Things to Do: Saucy Sisters bring bubbly fun to wine event

FRANKLIN - Wine divas and educators Barbara Nowak and Beverly Wichman, known as the Saucy Sisters, are combining their knowledge to help a local woman with amyotrophic lateral sclerosis.


Clip 'n' save: Here's your fall fun primer

Now that the kids are well on their way to settling in at school, it's time to set out the scarecrow decor with the cornstalks and hay bales on the front porch, research this year's hot costumes and start ...


Williamson County calendar for Sept. 11-Oct. 26

Friday, Sept. 12 What Do Bees Make? Students will see, taste, and touch products made by bees and have an opportunity to study the bees in our observation beehive.


Viewers share gas price photos

He snapped the photo with his iPhone around 6:00 p.m. on Friday. Viewer Robbie Arrington shared another interesting photograph with us.


College Grove: Churches keep area busy with events, revivals

Opening thought: And why beholdest thou the mote that is in thy brother's eye, but considereth not the beam that is in thine own eye? St.


Music, wine waft through Arrington Vineyards

ARRINGTON COMMUNITY - While Arrington Vineyards visitors spread out their picnics on blankets, tables or benches at a recent event, first-time visitor Karol Krahn was drinking in the grapevine-covered ...


College Grove: Mark calendars: Elementary school open house is Sept. 4

Opening thought: And yet I say unto you, That even Solomon in all his glory was arrayed like one of these: St.


Watermelon: The wonder fruit

Watermelon is the ultimate summer wonder. It's both a monster fruit and a mysterious one, gushing with watery juices that spill down our hands and the corners of our mouths.


Williamson County Regional Planning Commission - Thursday, Aug. 14

Commissioners voted in favor of contributing $30,000 to a road study that would update the county's major thoroughfare plan.


'Bulletin": Girl's survivors seek $7.5 milion from detective, county, sheriff's office

Survivors of an 11-year-old girl killed in a collision with a sheriff's detective seek $7.5 in damages from the detective, Rutherford County Sheriff's Office and Rutherford County government.


New store sells used furniture from top-flight hotels

Every time I write about places that sell liquidated hotel furniture, I get a big response.


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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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