Athens, 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
Call for COMPLETE details NOW!
(800) 675-9783
| Athens, Tennessee News |
Flooded roads close schools
Almost four inches of rain fell in McMinn and Meigs counties in the last 24 hours, granting most local students an unexpected day off from school and causing some roads to be flooded.
|
Fight leads to meth bust
While responding to a reported fight on Park Street, Athens Police Sgt. Steven Thomas found more than he expected.
|
Athens DUI crash driver gets 16 years
ATHENS, Tenn. a 'A The driver in a July crash that killed two people was sentenced to 16 years in prison this week in McMinn Criminal Court.
|
McMinn's largest hotel closing
Owners of the Sleep Inn and Suites in Etowah announced the hotel will close today, although there is a chance another company could purchase it and keep it open.
|
2008 was year of change for Athens
In Athens, 2008 could best be categorized as the year of change for the city. Changes were made in the Athens Police Department as the result of a comprehensive management audit by the Municipal Technical ...
|
Ringing in the New Year
Photo by Anthony Dake Aless Crews, a resident at Wellington Place in Athens, rings in the New Year in style wearing her Happy New Year hat.
|
Now being accepted - Man of the Year nominations
Nominations for the J. Neal Ensminger Man of the Year Award are now being accepted.
|
Chinese acrobats tumble into Athens
The Athens Area Council for the Arts will present the Golden Dragon Acrobats in the third offering of the "Big Time/Small Town Performance Season" on Tuesday, Jan.
|
Athens Public Works Department employees - Doing more for less using cross-training
In a troubled economy, the Athens Public Works Department may not be able to hire additional employees.
|
Pharmacy clerk admits stealing 1,500 pain pills
An employee of Kmart arrested Friday on theft charges reportedly confessed to stealing 1,500 prescription painkillers from the store's pharmacy.
|
Business as usual for new fire chief
Athens Fire Chief Jim Dyer may have a new title, but the job of suppressing and preventing fires is business as usual.
|
Injured burglary suspect returns to Tenn. store
ATHENS, Tenn. - Athens police said a burglary suspect who was cut when he entered a convenience store through a shattered glass door returned to the scene two hours later to ask officers for help.
|
Hello Athens! AACA opens rock concert photo exhibit Friday
Did you ever have the opportunity to see Bruce Springsteen in concert? How about Sting, the Rolling Stones or Led Zeppelin? Luckily for Carlton Freeman, he enjoyed such opportunities and captured each moment on ...
|
TWC student enjoys healthy lifestyle
Autumn Lowry knows a bit about proper diet and exercise. After all, she is a local "Biggest Loser." Autumn's weight-loss title was earned at Curves of Athens.
|
Athens police: Man steals cigarettes from convenience store, turns self in
A man accused of stealing cigarettes from a convenience store on Wednesday turned himself in two hours later, according to the Athens Police Department.
|
Burglary Suspect Returns To Scene Seeking Help
Athens police say a burglary suspect who was cut when he entered a convenience store through a shattered glass door returned to the scene two hours later to ask officers for help.
|
AFD gives Santa an escort
Athens firefighters will contain their tradition of escorting Santa Claus through the city tonight.
|
Man arrested on solicitation charge
An Englewood man was arrested Friday by the Blount County Sheriff's Office and charged with four counts of soliciting a teenager on the Internet.
|
Englewood man arrested in Internet teen soliciting
A 35-year-old East Tennessee man has been charged with soliciting a teenager in a neighboring county on the Internet.
|
Diapers and Bed Pan Materials dumped at Athens Drinking Water Source
Somebody is using pristine land in Athens as their own personal dump. Adult diapers, used bed pads and medical waste can be found littered along Sweetfield Valley Road.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
|
|