Apple Springs, 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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| Apple Springs, Texas News |
School Closings and Delays
Due to possible inclement weather expect the following school closings and/or delays: Classes delayed until 9:45 a.m.: Wells ISD Classes delayed until 10 a.m.: Alto ISD, Corrigan ISD, Hudson ISD, Central ISD , ...
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Commissioners approve more office space for Sheriff
GROVETON Additional office space for the Trinity County Sheriff's Department was given the green light Monday by the Trinity County Commissioners Court.
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Apple Springs ISD to be featured on a oeTexas Country Reportera
The television show, Texas Country Reporter, will air an episode featuring the unique relationship between the Apple Springs High School football team and the Hudson High School marching band this weekend.
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11/15 Church news
Allentown Congregational Methodist Church. Upcoming events. Nov. 16. On Sunday, Nov.
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Near record turnout seen as voting starts
October 2008 GROVETON While turnout Monday was about 50 shy of some recent elections, the November general election attracted a near record 520 county ballots on the first day of early voting.
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Apple Springs Resort moving ahead
Developers of Apple Springs resort in Boulder Canyon can proceed with some additional building, as the Lawrence County planning and Zoning Commission approved a major planned unit development amendment and a ...
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Radio DJs kept information flowing during, after Ike
"They're handing out ice, water and MREs at the Huntington Fire Department," KICKS 105 radio host Danny Merrell announced over the airwaves at 9:45 a.m. on Monday.
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Apple orchard reopens just in time for festival
The first wisps of autumn mean apples are reaching the peak of their season. The splendor of the season will be celebrated this weekend at the Hartford Apple Festival.
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Angelina County sustains widespread damage from Ike
Angelina County began the long process of recovery after Hurricane Ike knocked out power to tens of thousands.
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Ike hits Lufkin
Hurricane Ike veered its path northeast Saturday sharing its wrath locally. By Saturday evening Lufkin officials were just beginning to access the damage from Hurricane ike which passed through the area ...
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07/06 Birth announcements
Michael and Stacy Gullett of Huntington announce the birth of their son, Ian Michael Gullett born April 12 at Nacogdoches Memorial Hospital, weighing 8 lbs.
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Brown selected by committee to be on Nov. General Ballot
GROVETON At least a two-man race for the Precinct 4 Trinity County commissioner's seat has developed this week between a Democrat and an independent.
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Vacation Bible schools offered at area churches
One day VBS 10 a.m. - 2 p.m. June 28. Registration begins at 9:30 a.m., for 4 years old through 5th grade.
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Temple-Inland Property Fire
Trinity County Sheriff's Department informed KTRE that a forest fire started just before 8 p.m. Monday evening.
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Huntington man linked to crime spree, including Brookhollow...
A Huntington man who is under indictment on a slew of state felony charges has pleaded guilty to federal gun charges.
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Alford named Precinct 4 commissioner
GROVETON Following the unexpected resignation of Pct. 4 Commissioner Travis Forrest of Apple Springs, retired County Extension Agent James Alford was sworn in as his replacement on Friday.
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6/8 Around Angelina
The Hometown Travelers of Huntington State Bank will host the annual Hometown Hoedown at 6 p.m. Thursday, June 12, at Lufkin Barbecue's Annex.
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Churches gearing up for summer VBS fun
"Blazing the Trails with the Good News" for children age 3 - grade 6. 9 - 11 a.m., Monday - Friday.
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Former jailer indicted for improper conduct
GROVETON A former Trinity County jailer has been formally charged with having improper sexual contact with a female jail inmate.
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5/28 Local 7th Grader receives "State" and "Grand" Recognition
Joshuah Eric Young, a seventh grader at Lufkin Middle School, was awarded a "State Recognition" medallion and a "Grand Recognition" medallion during Duke University TIP ceremonies May 16 at Lamar University.
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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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