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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
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Alief, TX Divorce Buyout in Texas
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 Texas, 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 TX
Call for COMPLETE details NOW!
(800) 675-9783
| Alief, Texas News |
Districts expect campus-swapping to grow with weak economy
Out sick for just two days last year, first-grade teacher Hazel Boatner returned to class to find that four of her students had moved from Bonham Elementary School.
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Today: Swishahouse Hip Hop Health & Wellness Workshop
It's World AIDS Day, and although you don't hear near as much about it these days, the disease is still very much with us.
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Volunteer opportunities: Help with toy and clothing drive
* Call 713-965-0031, or visit www.volunteerhouston.org . Spread holiday cheer by helping out with a toy and clothing drive benefiting children victimized by abuse or neglect.
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Fire destroys eight apartments in Alief area
No one was injured in a two-alarm fire that destroyed eight apartments in an Alief apartment complex this afternoon, fire officials said.
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Voters approve tax rate increase in Humble ISD
Despite the ailing economy, voters in the Humble Independent School District agreed to a 13-cent property tax rate increase during a special election Saturday.
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Tax hike OK'd to pay for Alief ISD wage increases
Voters in the Alief Independent School District agreed to a 7.5-cent property tax rate increase Thursday in a special election called, in part, to provide money for employee raises.
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Voters will decide many area issues on Tuesday
Along with leadership positions to be decided on the ballot Tuesday, voters in the Houston region will make decisions on a variety of issues.
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HCC students anxious over Alief annexation
Class is in session at Houston Community College's Alief campus. Students there are anxious to learn, but they're finding it hard to afford.
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Chronicle urges Alief to vote to join the HCC System
The Chronicle urges Alief residents to vote to join the Houston Community College System.
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Some students won't need to make up days lost to Ike
Superintendent recommends making up zero. * Aldine: Missed nine; make-up plan not released * Alief: Missed seven; no decision * Alvin: Missed 10; make up one or two * Clear Creek: Missed 11; proposal is to make ...
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U-Haul Offers 30 Days of Free Storage to Houston Area Residents in the Path of Hurricane Ike
The U-Haul Companies of Corpus Christi, South Houston and North Houston are offering 30 days of free storage to Texas residents in danger of being affected by Hurricane Ike.
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Survey: Houston-area voters open to higher school taxes
Voters in the Houston region generally are willing to pay higher school taxes, but the promising news for school districts could wane if the economy worsens, according to a Rice University survey released ...
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Commissioner proposing GPA rule
Texas high school students would no longer get extra credit in their grade-point averages for some advanced classes under rules the state's higher education commissioner is proposing.
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North Texas school's teachers can take guns to class
There's one item Houston-area school officials say teachers can leave at home when classes resume later this month: Their handguns.
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Delay leaves students who want to transfer in limbo
Parents in the Houston Independent School District - where about 15 percent of campuses failed to make adequate progress in 2007 - will receive a letter next week explaining their campus' status under No Child ...
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Texas school districts lose dispute over benefits costs
School districts across the state will have to pick up the $100 million annual cost of benefits related to a teacher pay raise enacted two years ago, Texas Attorney General Greg Abbott has ruled.
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Southwest Houston leaders must fight together
For years we see it in the headlines. Southwest Houston. Murders, rapes, robberies crime in general gets so much attention in this part of the city that it just has to be addressed more seriously.
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One dead, one wounded in Alief driveway shooting witnessed by kids
One woman was killed and another critically wounded by a gunman while they sat in their car in a southwest Houston driveway Sunday morning.
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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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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