Becket, 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
| Becket, Massachusetts News |
Becket
The Becket Federated Church will hold their Christmas Bazaar from 9 a.m. to 3 p.m. on Saturday, Nov.
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Becket church seeks new pastor
A new pastor, and a new parsonage. The First Congregational Church is looking for both.
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Internet entrepreneur forum set for Nov. 19
The post offices in Becket, Lancaster, Lenox Dale and South Lee are sponsoring an "eBay program" Wednesday, Nov.
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Preservation Committee begins accepting new grant applications
For a sixth year, the Community Preservation Committee is accepting grant applications for projects intended to benefit the town, but new this year the state will not match funds of committees across ...
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The Arts Hunter
Why I was moved to support this cause: In the summer of 2003, I was taken to the Jacob's Pillow Dance Festival in Becket, Mass., by the great-hearted philanthropist Irene Mennen Hunter.
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Town-by-town results
Unofficial results of the general election held in Massachusetts on Nov. 4, 2008.
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Trick-or-Treat Hours
Obituaries Columnists Trick-or-Treat Hours for Halloween 2008 - October 27, 2008 Trick-or-treaters around the county and beyond will be donning costumes and ringing doorbells in anticipation of treats on ...
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Berkshire County Real Estate Transactions
Douglas V. Pleshaw and Ann Mary Pleshaw sold property at 22 East Orchard Terrace, Adams, for $36,000 to Billy J. Carr.
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East Longmeadow Driver Involved in Deadly Accident
An East Longmeadow woman was behind the wheel during a deadly accident in Berkshire County.
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Becket Local man killed in Route 20 crash
A Becket man was killed early Saturday when the car in which he was riding went off the road and landed on its roof on Route 20 near the Chester town line.
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Senior Bulletin Board
Meals for people 60 or older are served at the Community Center five times a week.
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Guyer says Verizon's broadband not so broad
Verizon is touting its expanded broadband Internet services in 24 Western Massachusetts towns, including Florida, Hancock, New Ashford and Becket, but state Rep.
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North County gets high speed Internet
Businesses and residents in Hancock and New Ashford now have the option of signing up for high speed Internet access with Verizon, according to company officials.
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Consumers in Hancock and New Ashford, Mass. Now Have High-Speed Access to the Internet
Consumers and businesses in Hancock and New Ashford, Mass., now have access to the Internet -- at rocket speeds powered by Verizon.
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Ensemble. Passionately Breathtaking - The Aspen Santa Fe Ballet, reviewed by Lawrence Budmen
In 1931 modern dance pioneer Ted Shawn bought a mountain top farm in the rural Berkshire community of Becket, Massachusetts, USA.
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Nashville Meets the Berkshires
Two acclaimed singer-songwriters - one from Nashville and one from the Berkshires - will perform together in concert at the American Legion on Wendell Avenue in Pittsfield tonight at 7:30. Nashville ...
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Hazardous waste pickup planned for next month
On Wednesday, Oct. 1, the Center for Ecological Technology will coordinate a paint and oil collection from 4 to 6:30 p.m. at the Great Barrington Recycling Center.
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Ballet in steel
Becket sculptor Joe Wheaton smelts metal into airy shapes. Thursday, September 11 Joe Wheaton slid open a massive barn door to let the sun shine into the cavernous studio where he creates outdoor sculptures as ...
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Ballet in steel
Becket sculptor Joe Wheaton smelts metal into airy shapes. Thursday, September 11 Joe Wheaton slid open a massive barn door to let the sun shine into the cavernous studio where he creates outdoor sculptures as ...
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In Your Dreams, Baby
There are plenty of worthy destinations in the Berkshires that are household names in the Valley - Shakespeare & Co., Jacob's Pillow, MASS MoCA and Club Helsinki, to name a few.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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