Greenville, NH Divorce Buyout in New Hampshire
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 New Hampshire, 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.
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| Greenville, New Hampshire News |
As snow falls, state's schools feel the heat
Despite more school cancellations, the state's education chief does not anticipate storms, vacations or collective bargaining agreements getting in the way of required instructional time.
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Extended vacation ends for schoolkids
Despite the snow on the ground, it felt a bit like September as school buses trudged slowly across ice-slick roads to haul kids back to school yesterday after an extra long winter break.
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Back to school -- but for how long?
As students return to school tomorrow, many are wondering when they will make up days lost to December's ice storm and when summer vaction will start.
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Family celebrates after 13 days without power
On Wednesday, Rose Belanger received what could be considered a Christmas miracle.
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New shelter opens in New Ipswich Hot Meals Available
Henry "Sonny" Laukka sat alone at the end of a long table inside the Mascenic Regional High School cafeteria on Saturday afternoon, waiting for kitchen workers to set up the buffet: chicken pot pie spooned over ...
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A slippery holiday eve, but almost all NH's lights are on
Christmas Eve has been wet in New Hampshire with snow, sleet, freezing rain and rain falling depending on the location and time of day.
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Thousands Still Waiting For Power To Be Restored
About 54,000 New Hampshire residents are still without power from last week's ice storm, and another winter storm is heading to the state.
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Number of homes sans power steadily declines
On Friday morning, Doreen Townsend was one of the unlucky 1,000 or so people in the city still waiting for their power to come back on.
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Progress Made As Thousands Still Without Power
The power situation in New Hampshire was improving Tuesday, five days after a major ice storm hit New Hampshire, but thousands of people across the state still had no electricity.
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School delays and closings for Wednesday
Hudson has a 90-minute delay, presumably because of snow. The following school districts are closed today because of storm damage and the resultant power outage: Amherst Brookline Greenville Hollis ...
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As power comes on, shelters begin closing
Balmy temperatures Monday melted ice-encased trees and soothed the nerves of some northern New Englanders who've gone without power since Thursday night's ice storm.
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State eyes grocery store liquor sales
State Liquor Commission Chairman Mark Bodi says he does not think of his plan to sell hard liquor in private grocery and convenience stores as a forerunner to full privatization of New Hampshire's liquor ...
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Residents turn out to support Greenville transfer station
More than 100 people turned out last night for a hearing about a proposed transfer station and recycling center.
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DES hearing set on Greenville transfer station
Concerns about a proposed commercial transfer station on the banks on the Souhegan River will be aired tonight at a hearing with the Department of Environmental Services.
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Name that bug
I would have mistaken these bugs for seeds, if I noticed them at all. My dear and observant friend Lisa spotted them during a leisurely ride along the Mason-Greenville rail trail last weekend.
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Should Republicans Pray for Rain in NH?
While RealClearPolitics has listed New Hampshire as a "solid" for Obama , McCain is still putting in time in the state where he launched his national career and came back from behind to win the Republican ...
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Fire destroys farm cottage
No one was injured when a two-alarm fire destroyed a small farm cottage on Temple Road, in Wilton, on Friday morning.
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The memory of mills
As a little girl, traveling with her family to their summer home in Franklin in the early decades of the 20th century, Marian Cannon Schlesinger liked to imagine life in the mills - and the towns that thrived ...
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Disagreements 'fundamental' for underdog
How do you run against an incumbent who has one of the most recognizable names in the Milford area? If you're Steve Spratt, a relatively unknown, first-term Democratic state representative challenging ...
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Hunting for bargains at church rummage sale is longtime tradition
Emmett Lynch had his arms clasped around a violently purple soft-stuffed dog. "I've decided to call him Squishy Face," he said.
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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