Anthony, 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
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| Anthony, Texas News |
Commissioners face old, new sets of goals: New faces on court seek posts on boards
Two new members of the County Commissioners Court will take their seats Monday and join the court in shaping its goals for 2009.
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FWWeekly: Blotch: Weekender 1-2
BLOTCH: Weekender 1-2 Hey, 2009. 1950 called. It wants its squares back. Johnny Mathis ' first Christmas album is still a source of great debate in my household.
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Food for a week: Group opens arms to needy
Thirteen needy families from Anthony, Canutillo and Sunland Park were fed for more than a week this holiday season.
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FWWeekly: Blotch: Hip Tips/Weekender 12/12
BLOTCH: Hip Tips/Weekender 12/12 Two great shows this weekend whose mentioning here has absolutely nothing to do with the fact that Ken Shimamoto is one of our writers and my dearest friends.
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31 schools low-performing
Students from 31 low-performing schools in El Paso County can transfer to other campuses during the next school year, Texas Education Agency officials said Friday.
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Sherman Police Department Daily Bulletins for 12/9 thru
The victim told police a speaker box and an amplifier were stolen from his truck some time last night.
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Unmarked cars: Keep constables out in open
Constables should not use unmarked vehicles while on duty, thus El Paso County Commissioners Court was correct in voting down such a request this week.
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Letters published in the Times
Driver texting boosts danger on roadways The issue of people talking on their cell phones while driving is surely something to look into.
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Cobos says he was in Washington, D.C., on county business and nothing else
The trip El Paso County Judge Anthony Cobos took to Washington D.C. last week was strictly used to advance the county's agenda and any reports that it was for personal reasons are but a mere nuisance, the judge ...
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Just popping in to say hello
Criminal trespass, 1600 block of Cardinal Street. An apartment was entered through a window by someone who wanted to see if someone was there.
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Memorial service set for musician Jimmy Carl Black
A memorial service for Jimmy Carl Black, a native El Pasoan and former member of Frank Zappa's The Mothers of Invention band, will take place Friday in Anthony, Texas.
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Growing crops vertically no tall tale
Vertical farming is the latest venture for a local company that last year unveiled its algae-growing system to generate vegetable oil for biodiesel.
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FBI inquiry, Dee Margo's ties again called up as issue
Entering the final week of a heated campaign for the Texas House, new questions arose Tuesday about Republican candidate Dee Margo's connections to El Pasoans implicated in the ongoing FBI public corruption ...
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Letters published in the Times
County officials' stone-age view Can anybody please do the county of El Paso a favor and check the geological record that Judge Cobos and Commissioners Sarinana and Teran are using as a reference for their ...
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Three arrested in Anthony in connection with fight
ANTHONY, Texas -- El Paso County Sheriff's deputies arrested three over the weekend in connection with a fight in an Anthony parking lot, sheriff's officials said.
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St. Joseph police briefs, October 17, 2008
Jon F. Ashford, 28, 2005 Penn St., at 3:43 p.m. Friday on a charge of harassment motivated by discrimination to frighten.
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3 former execs of El Paso charity arrested in fraud case
Three former executives of a charity with $834 million in government contracts were arrested Tuesday in a contract fraud probe that has grown to ensnare public officials in El Paso, Texas.
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Resident speak out against crime
Representatives from area law enforcement agencies will join with residents from this West El Paso County community to speak out against crime during a special event Tuesday.
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FWWeekly: Blotch: Weekender 10-10
BLOTCH: Weekender 10-10 'Do the Stanky Leg -- AAY! Do the Stanky Leg -- AAY! Do the Stanky Leg -- AAY!' Arlington's GS Boyz' have a song out now called 'Stanky Leg,' and it's getting a lot of airplay and, like ...
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Silvestre Reyes casts vote for bill; two area legislators oppose
Two of the U.S. congressmen who represent either parts of El Paso or its surrounding areas voted against the $700 billion bailout bill that the Bush administration was trying to pass to rescue the nation's ...
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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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"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
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