Aquilla, 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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| Aquilla, Texas News |
22.DEC.08 County High Schools Recognized
County High Schools Recognized Abbott and Aquilla high schools have been rated as two of the best 100 high schools in America by U.S. News & World Report.
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Fire Destroys Central Texas Home
Fire units from Whitney and Aquilla responded to the fire off FM 933 on Hill Country Road 2218.
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Review Of HC Rodeo Arena, Clinical Facility
A regular meeting by the Hill College Board of Regents will be conducted Tuesday, November 18.
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Elections Being Wrapped Up
Hill County Elections Administration officials continued Friday morning, November 7, to wrap up work on last week's general election.
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03.NOV.08 Vehicle-Theft Suspect Flees, Offenses Occur
A GPS system took local law enforcement officials to a pickup reported stolen from a Fort Worth business Wednesday morning, October 29.
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Hill College Regents Review Easement Request
An easement request by the Aquilla Water Supply District was reconsidered last week by the Hill College Board of Regents.
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Quick Clicks: Local news briefs for Saturday, Oct. 18
Cameron Park Zoo will be closed to the public today for a private event at the zoo.
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Tax-Rate Information Compiled
Tax rates for taxing entities in Hill County and those that cross into the county have been compiled.
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Hurricane Ike Brings Little Blow Or Rain To Hill County
With the possibility of tropical-storm force winds from Hurricane Ike predicted, Hill County fared much better than its neighbors to the east and southeast last weekend.
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Hill County Officials Have Eye on Approaching Ike
With landfall still a couple of days away, local emergency-management officials were keeping a close eye on Hurricane Ike Wednesday morning, September 10.
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01.SEP.08 First Bale Of Cotton For County
YES NO FIRST BALE OF COTTON FOR COUNTY The first bale of cotton for Hill County was ginned at 9:30 a.m. Friday, August 15, at G&P Seed Company in Aquilla.
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25.AUG.08 Road-And-Bridge Vehicle Policy On Agenda
YES NO A policy relating to the use of county vehicles by road-and-bridge employees will be considered Tuesday, August 26.
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Council Receives Water Study Recommendations
The findings of a water-system study were presented to the Hillsboro City Council at its Tuesday evening, July 15, meeting.
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30.JUN.08 Boat Trailer Sparks Large Grass Fire
Boat Trailer Sparks Large Grass Fire A boat trailer being pulled on the rim apparently sparked a large grass fire north of Aquilla about 3 p.m. Wednesday, June 25.
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23.JUN.08 Deadline Friday For "Coats For Kids" Benefit
This year's Fourth of July event at the home of Will and Betty Lowrance, 400 Corsicana Street in Hillsboro, will again benefit the local "Coats for Kids" Program.
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29.MAY.08 AWSD Considers Energy Proposal
AWSD Considers Energy Proposal A proposal that could result in energy savings for the Aquilla Water Supply District was outlined for the board of directors recently.
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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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