Baldwinville, 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
| Baldwinville, Massachusetts News |
Hey Goldstein, beware this turkey
It's been almost a year, but the pain and humiliation is still clear in my mind.
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templeton notebook
Shirley Barnes 939-8482 *Halloween will be celebrated in all four village centers of Templeton from 5 to 7 p.m. Oct.
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Bataan march survivor held no grudges
A tiny man with a big heart, Franklin J. "Porky" LaCoste, survivor of the Bataan Death March and the last of seven friends who enlisted in the Army before World War II and were swept up in the Japanese attacks ...
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BayState Marathon no longer a secret
Apparently, one of the world's best-kept secrets is no more. Not that people were exactly hush-hush about the Lowell's BayState Marathon being a premier qualifying opportunity for the Boston Marathon, but now ...
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Motorcyclists roar support for charity
The roar of motorcycles running up Baldwinville Road and out through the countryside Saturday was Ryan's Run.
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Town meeting to decide on donation of 3 acres
Voters will have an opportunity to accept three acres donated to the town to build a new senior center for use by the Templeton Council on Aging.
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Senior center boosters frustrated
The Senior Center Oversight Committee struck out twice this week in its attempt to build a 12,000-square-foot steel construction senior center building on free land offered by the Baldwinville Nursing Home, ...
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Visiting a park? Don't forget passport
A new state parks program banks on the fact that a pocket-sized booklet with colorful pictures, secret codes, and stamps and ink pads will get kids focused on the scenes happening in nature rather than on their ...
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Town gets money to continue Baldwinville improvements
The program will provide up to $25,000 for each home of an income-qualified resident with a need for long-term repairs to make homes safer and more energy efficient.
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Man 'serious' after stabbing in Orange bar
A man stabbed in the gut at a bar early Saturday morning was listed in serious condition Monday at UMass Memorial Medical Center in Worcester.
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Man 'serious' after stabbing in Orange bar
A man stabbed in the gut at a bar early Saturday morning was listed in serious condition Monday at UMass Memorial Medical Center in Worcester.
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templeton notebook
Shirley Barnes 939-8482 * Templeton Recreation Commission activities scheduled this week include: Playground, 9 a.m. to noon, every day; swimming, today, tomorrow and Thursday from 1 to 4 p.m.; Friday, all ...
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templeton notebook
Each member is asked to bring two wrapped items. *Council on Aging activities this week include: exercise from 10:30 a.m. to 11:30 a.m. today at Scout Hall, East Templeton; Woodcarvers, 10 a.m. to noon June 4 ...
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Immelt: 'Let's Get to Work'
"There's no better way to put theory into practice than for a math major to sit on someone's kitchen floor while the ice cream melts" After receiving an honorary doctor of science degree at yesterday's Worcester Polytechnic Institute commencement, Jeffrey R. Immelt, chairman and CEO of General Electric Co., told graduates he was required to ... via Worcester Telegram & Gazette
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Town meeting rejects proposal to sue lawyers
"I stand by my handling of this case and I stand by my firm's reputation" In a near repeat of what was rejected at last year's annual town meeting, voters last night rejected a request by the Sewer Commission to use $25,000 from the sewer enterprise account to sue the town's lawyers. via Worcester Telegram & Gazette
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Regional digest
Driver charged in sixth DUI CLINTON -- A Sterling man will be back in court today on a felony charge of drunken driving - for the sixth time. via Worcester Telegram & Gazette
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Solutions in offing for problems at Center
Solutions may be found for three problems in Templeton Center, but maybe not right away. via Worcester Telegram & Gazette
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Hank Investigates: Cause For Alarm
"It's a terrible situation, it should never happen." A warning for parents about the safety of their children! Smoke detectors, sprinkler systems basic fire safety protections! Wouldn't you think every Massachusetts public school has them? But tonight Hank ... via WHDH
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SUV rolls over in Route 2 collision
Family members comfort each other yesterday after their Chevrolet Yukon rolled over several times on Route 2 West at exit 23, shortly after 2 p.m. Two 11-year-old passengers in the Yukon, driven by 37-year-old ... via Telegram & Gazette
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templeton notebook
A blood pressure clinic at 12:30 p.m. precedes the regular meeting. *The Narragansett Historical Society will meet at 7 tonight in the Historical Society Museum on Boynton Road. via Worcester Telegram & Gazette
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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 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.
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