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Auburndale, MA Divorce Buyout in Massachusetts

Since 1979 Somerset Mortgage Lenders 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.

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Auburndale, Massachusetts News
Lasell's plans may test new harmony

The relationship has improved, but it's about to be tested again. Lasell's new master plan, which neighbors are expected to view in draft form by September, plots out the next 15 to 20 years for the small ...


Lasell's plans may test new harmony

The relationship has improved, but it's about to be tested again. Lasell's new master plan, which neighbors are expected to view in draft form by September, plots out the next 15 to 20 years for the small ...


Tommy Tune: Steps in Time

"I have borrowed the title from two of my idols, Sir Noel Coward and Fred Astaire. Coward gave that title to Astaire's biography, so I have purloined it. "The show is really a biography in song, dance and story"

Monday, April 14, 2008; Posted: 6:21 PM - by Jan Nargi Performances: April 19 at 2 and 7 p.m., April 20 at 2 p.m., Robinson Theatre, 617 Lexington Street, Waltham, MA Box Office: 781-891-5600 or ... via BroadwayWorld.com Featured Content


McKechnie and Struthers Headline Reagle Season

Thursday, April 10, 2008; Posted: 1:59 PM - by BWW News Desk Reagle Players located in Waltham, MA announces its 40th anniversary summer season and the guest artists making appearances. via BroadwayWorld.com Featured Content


McKechnie, Struthers, Kunze and More Featured in Reagle Players Season

The 40th anniversary season of the Reagle Players - the theatre troupe that plays the Robinson Theater in Waltham, MA - will feature productions of Joseph and the Amazing Technicolor Dreamcoat, Annie and No, ... via Playbill


Volunteers

Send information for this listing 10 days in advance to: Volunteers, Lifestyle Department, The Sun, Box 1477, Lowell, MA 01853. via Lowell Sun


Large Narcotics Arrest by Springfield Police Department

March 27, 2008 6:31 p.m. SPRINGFIELD, MASSACHUSETTS On Wednesday, March 26th a team of detectives from the Springfield Police Department along with the Hampden County Narcotic Task Force made an arrest in front ... via WWLP


[Editorials] The Metabolic Syndrome: More Than the Sum of Its Components?

From the Division of Preventive Medicine and the Division of Aging , Department of Medicine, Brigham and Women's Hospital, Harvard Medical School, Boston, Mass; and the Department of Epidemiology , Harvard ... via Circulation


Pain at the pump

"It's tough because it takes away your money quickly."

On a recent trip to her native Ireland, Fitchburg City Councilor Annie K. DeMartino was struck by the weakness of the American dollar compared to the euro. via Worcester Telegram & Gazette


Changes brewing for Drury Square district

"I think it's a great idea because Auburn doesn't have a town common area"

By Bill Fortier TELEGRAM & GAZETTE STAFF wfortier@telegram.com AUBURN- People driving through Drury Square in the future may see an area with new sidewalks and a variety of small restaurants, craft shops and ... via Worcester Telegram & Gazette


[Go Red Original Articles] Dietary Intake of Dairy Products, Calcium, ...

From the Division of Preventive Medicine and the Division of Aging , Department of Medicine, Brigham and Women's Hospital, and the Department of Epidemiology , Harvard School of Public Health, Boston, Mass. via Circulation


Regional digest

"Operation Purple camps provide a much-needed respite from the worries of war that many of our nation's children face each day their mom or dad is deployed."

Woman charged with hitting inn GRAFTON -- Police arrested a driver Friday night who allegedly hit the Grafton Inn, then drove three-quarters of a mile home with her air bag deployed. via Worcester Telegram & Gazette


Boston Police Officer Sentenced to 18 Years on Drug Charges

"Public corruption prosecutions like this reaffirm our commitment ensuring integrity in public service"

The second of three veteran Boston Police officers convicted of conspiring to protect the sale of kilogram quantities of cocaine was sentenced today to 18 years in federal prison. via Federal Bureau of Investigation


St. Elizabeth's Easter Egg Hunt Saturday Morning

St. Elizabeth's Medical Center is hosting their annual Gerry McCarthy Memorial Easter Egg hunt this Saturday morning. via Brighton Centered


Celebrating good life on top-notch estate

"In the 1940s and 50s people were limited to what they could do. Those coming out in the 1950s were very ordinary people and they were modest houses."

Tony Henderson on the plots and prisoners past behind one of the region's top addresses. via The Journal Newspaper Online


Reason for roof leak on board's radar

"We won't force him to do it before then."

Selectmen this week accepted a $12,685 insurance payment for damage to the 2-year-old highway building on Mill Street, pending a satisfactory explanation of why the roof leaked. via Worcester Telegram & Gazette


Dinner bell might summon fish to be our supper

"It's all still very speculative."

What if fish could be trained to catch themselves? Researchers at the Marine Biological Laboratory hope to prove fish can be taught to associate certain sounds with feeding. via Cape Cod Times


Proposed industrial park site to see first steps in development

"The park's going to be all set up for that"

Developer James Whitney said Tuesday city officials have taken a major step forward in the development of a proposed South Leominster industrial park with a City Council vote this week. via Sentinel & Enterprise


Commencement Exercises 2008

To accommodate the increasing number of those wishing to attend Harvard's Commencement Exercises, the following guidelines are proposed to facilitate admission into Tercentenary Theatre on Commencement Morning: ... via Harvard University Gazette


Two downtown eateries city's newest addition

"They both wanted to be here, which is a great sign for downtown Leominster"

Ellen Fay has been designing and making wedding cakes for more than two decades. via Sentinel & Enterprise


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