Axton, VA Divorce Buyout in Virginia
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 Virginia, 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 VA
Call for COMPLETE details NOW!
(800) 675-9783
| Axton, Virginia News |
Safety urged after four weekend fires
Fire destroyed four homes in Henry County over the weekend, and county Fire Marshal Rodney Howell is cautioning residents to be careful during wintertime a oefire season.a The blazes occurred Saturday and ...
|
Fire burns Martinsville store to the ground
Martinsville investigators say store manager Farhan Nazir, a store clerk, and two to three customers were in the IDL Market when the fire sparked around 8:27 p.m. Sunday night.
|
Economy pinching some churches
While some area churches say the economic slowdown has not affected their tithes and offerings, others are tightening their belts and looking for ways to offset shrinking funds.
|
Board hears input on superintendent
Parents of Henry County students and members of the public shared their opinions Thursday on qualities the county school board should look for when hiring a new superintendent.
|
Favor for a friend turns into hot side job
December 9, 2008 Favor for a friend turns into hot side job One local man has discovered he has a knack for pits.
|
Axton man guilty of rape, sodomy
An Axton man was sentenced to three life terms Tuesday for raping a juvenile. A jury in Patrick County Circuit Court found Jamie Gammons, 33, of 5675 Mountain Valley Road, Axton, guilty of one count of rape and ...
|
County wants lawsuit over industrial park dropped
The Pittsylvania County Board of Supervisors is asking a circuit court judge to dismiss a woman's lawsuit to halt the board's plans for a 3,500-acre industrial megapark off Berry Hill Road.
|
How's Your Cell Service - Part 2
Across the ABC 13 Viewing Area - Just about every cell phone provider is going to tell you they've got the most complete coverage.
|
Axton woman sues county to stop $4.2 million bond issue
Lawsuit targets 3,200-acre industrial park proposed off Berry Hill Road By TIM DAVIS/Star-Tribune Editor A lawsuit was filed last week asking a circuit court judge to order the Pittsylvania County Board of ...
|
Scouts, volunteers help plant
Area Girl Scouts joined Master Gardeners at Richard P. Gravely Jr. Nature Preserve to plant trees near the parking area as part of Community Planting Day on Sunday.
|
Henry Co. teen dies after being ejected from vehicle - roanoke.com
A Henry County teen on his way to a youth group meeting died in a wreck Monday near Axton, Virginia State Police said.
|
Suspect indicted in spree
Grand jury indicts 37 Thursday, November 6, 2008 A Martinsville grand jury issued a dozen indictments in connection with a May shooting spree, according to court records.
|
Accident victim recalled fondly
Anthony Cline, a 16-year-old who was killed Monday afternoon in a car accident on Mountain Valley Road, was a "good kid" who was quick to make people laugh, several people said Tuesday.
|
Teenager Killed in Henry Co. Accident
State Police say 16-year-old Anthony Cline of Axton was killed just after 5 p.m. Monday when the car he was riding in ran off Route 647 in Henry Co., overturned, and he was ejected.
|
Axton teen killed in wreck
A teenager died Monday after being thrown from a vehicle in a wreck on Mountain Valley Road, according to the Virginia State Police.
|
Completion of water line phase marked
There are no boundaries to economic development, Henry and Pittsylvania county officials said Wednesday in announcing the completion of the second phase of a water project serving the Brosville Industrial Park ...
|
Carnival draws kids, costumes
A crowd of princesses, superheroes and other costumed creatures came out for a night of fall fun Saturday at the annual Jingling Bros Carnival and Candy Circus at Mount Calvary Church in Axton.
|
State senator urges locals to vote
From left, the Rev. Thurman Echols of Moral Hill Missionary Baptist Church and the Rev.
|
Easley man killed in crash on I-85
A 44-year-old Easley father of three was killed after his 2002 Ford Explorer collided with a 18-wheeler on Interstate 85 this morning, troopers said.
|
Comics teach online safety
If you have children in grade school, chances are theya ve grown up with the Internet and may be more computer-savvy than you are.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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.
|
|