Ashley Falls, 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
| Ashley Falls, Massachusetts News |
Hailing slavery's demise
On Aug. 21, 1781, a local slave called Mum Bett, sued her master, Col. John Ashley, for her freedom, an unprecedented legal act in 18th century America.
|
Students make Dean's List
Two area students were recently named to the Dean's List at American International College.
|
Praise a free woman
She began as Mum Bett, a nameless slave. She became Elizabeth Freeman, an African-American woman who won her freedom 227 years ago without knowing how to read and write.
|
Exhibits, August 7-13
Celebrating the Gallery's 20th anniversary. Opening from 3 to 5 p.m. on Saturday.
|
Hidden clues on open trails
In this age of a 24-7, high-intensity media environment, even the caretakers of historical sites and tranquil nature retreats are finding that interactivity is the key to attracting visitors, especially ...
|
Bringing Home the Bacon
Pack your picnic basket and bug spray for a gourmet getaway in the Southern Berkshires .
|
Parade, event schedules posted
Memorial Day will be observed Monday, and local cities and towns have announced events to mark the day.
|
More than 500 kinds of wildflowers at Sheffield site
"Sometimes people don't like to pay the admission fee" Springtime at Bartholomew's Cobble means a riot of wildflowers in bloom: Red-and-white trillium. via Berkshire Eagle
|
Tyer leaves race for Select Board
"Now I can focus on the year ahead." An unexpected change of address has caused a Select Board candidate to withdraw from the race. via Berkshire Eagle
|
In dogged pursuit
"Very exuberant. A good spark in her eye and attitude. I'm fortunate to be showing her." Irish satirist Jonathan Swift once wrote, "Every dog must have his day." But if a pooch wants to win at Westminster, it has to shine for two. via Berkshire Eagle
|
It's eagle-seeking season
"It's amazing that a bird that big can disappear, but they just tuck right in" How many bald eagles are in the state right now? From Jan. 1 to today, MassWildlife has been conducting its Midwinter Bald Eagle Survey, and tomorrow, biologists will be blanketing the state by land and by air, ... via Berkshire Eagle
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"...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.
|
|