Ashby, MA Divorce Buyout in Massachusetts
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 Massachusetts, 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 MA
| Ashby, Massachusetts News |
Community Foundation accepting grant applications through Oct. 15
The Community Foundation of North Central Massachusetts and the Greater Lowell Community Foundation are accepting applications for grant funding from the Nashoba Valley Community Healthcare Fund through Oct.
|
Incomes on the South Shore
A study by the University of Massachusetts shows incomes of families in Southeastern Massachusetts have generally trailed those in Greater Boston, the North Shore, and the Cape.
|
The School Board
North Middlesex Regional School District is offering a full-day preschool, new for 2008-2009. The program is available to residents of Ashby, Pepperell and Townsend and will be held at the Varnum Brook ...
|
Mental health awareness growing
Nelson J. Goguen of Ashby has seen improvements in the treatment and public awareness of mental illness since his son, now 50, was diagnosed with schizophrenia at age 11.
|
Ashby hosting fifth annual Haunted Happening
On Saturday, Oct. 18 from 6:30 p.m. to 9 p.m., rain or shine, the 4-H Camp Middlesex, 1031 Erickson Road, Ashby, will host the fifth annual Haunted Happening and Spooky Walk.
|
Bark from the brink
Award-winning court and crime reporter Laurel J. Sweet has been featured in the ABC miniseries "Boston 24/7" and the 9-11 documentary motion picture "Looking For My Brother." T wo loveable lapdogs so horribly ...
|
Officials seek to erase 'us vs. them' mentality
Selectmen, School Committee members and North Middlesex Regional School District Superintendent Maureen Marshall, in a lengthy meeting this week, sought to erase the "us versus them" mentality during this time ...
|
Townsend posting board
Fall Fun Storytime: 10:30 a.m., Townsend Public Library lawn ; Storytime with Miss Stacy, if the weather is nice.
|
Rash of car break-ins has chief urging e-mail alerts
A string of car break-ins has plagued southeast Ashby. Small items were stolen from six cars in the southeast section of town.
|
Rep. Olver wins handily in 1st Congressional District
U.S. Rep. John Olver easily won his Democratic primary last night, defeating an attorney from Stockbridge to move on to the general election.
|
Ashby adds oversight for major purchases
New financial and administration policies will include language to trigger legal reviews of major purchases after Selectman Geoff Woollacott demanded the reviews.
|
Flanagan wins state Senate race; unopposed in general election
State Rep. Jennifer Flanagan, D-Leominster, beat former Gardner state Rep. Brian Knuuttila Tuesday night in the Democratic primary for state Senate.
|
The Great Outdoors
For many years, the National Wild Turkey Federation has been helping restore the wild turkey to every section of New England and beyond.
|
Primary election has 11 area contests
Voters in Central Massachusetts will go to the polls in tomorrow's primary election to decide 11 contests, all among Democrats.
|
The Ashburnham offers old-time goodness
A month after opening, The Ashburnham already has a loyal clientele. "We've had a fantastic August," owner Susan David said.
|
City celebrates launch of three businesses
Ann Calcaterra, right, a librarian at the North Central Charter Essential School, and her daughter, Antonia, a student at the school, display the scarecrows they brought in honor of the season to three ...
|
It's high time
If you ask Mary Barclay what she likes least about clock winding, she is quick to answer.
|
Marshall: It isn't easy on my side,
School Superintendent Dr. Maureen Marshall knows about the negatives leveled at her administration from deficit-focused Pepperell officials, but said she too is facing serious revenue issues and is trying to ...
|
North Middlesex schools welcome back students
Students and teachers in the North Middlesex Regional School District eagerly greeted each other Wednesday for the start of the school year.
|
Regional digest
Businesses to take spotlight FITCHBURG -- The city's First Thursday celebration for September will cast a spotlight on businesses near the Upper Common downtown.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|