Centerville, 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
| Centerville, Massachusetts News |
Centerville man charged after stolen goods found at home
Police arrested a 36-year-old man Friday who has 85 charges on his adult criminal record.
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Sweet Dream: a full-fledged Main Street bakery
GOODIES GALORE Owner Lisa Gallagher checks the front window of Krazy-Kakes of Cape Cod at 551 Main St., Hyannis.
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Sweet Dream: a full-fledged Main St. bakery
Downtown Hyannis hasn't had a full-fledged bakery since Montilio's closed its Main Street shop in the 1990s.
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Police officer injured after cruiser struck
Rescuers took a Barnstable police officer to the hospital last night with minor injuries after a car hit a cruiser on the scene in Centerville for a power outage, a fire official said.
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Town Notes
Barnstable's health department will hold free flu clinics Nov. 6 from 10 a.m. to 1 p.m. and Dec.
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Barnstable District Court
AVILES, John P., 46, 614 Phinney's Lane, Centerville; guilty plea to operating a motor vehicle while under the influence of alcohol for the second time Aug.
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Best Bets column
He's got the beat: New York Philharmonic's principal percussionist Christopher Lamb is the guest for Cape Cod Symphony Orchestra's 'Water Impressions' concerts Saturday and Sunday at the Barnstable High School ...
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Without malcontents, we'd be under British rule
Regarding the Oct. 16 letter "Malcontents are behind Joakim recall effort," interesting choice of words to characterize Janet Joakim's recall supporters.
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Barnstable District Court
DELANCEY, Joshua R., 29, 198 Strawberry Hill Road, Centerville; two counts armed robbery and unarmed robbery Tuesday in Yarmouth.
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Bourne 5-0 is on the spot, handlin'...
Traffic is backed-up heading off of the Cape as a result of the three car accident on the Sagamore Bridge Sunday afternoon .
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Centerville accident snarls traffic on Route 28
A minor accident snarled traffic on Route 28 near Old Stage Road yesterday afternoon, a fire department official said.
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Barnstable District Court
ANDERSON, Kathleen, 28, 23 Route 6A, Sandwich; admitted sufficient facts to operating a motor vehicle while under the influence of alcohol , Feb.
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Write to Know
PLAYER PIANO: An upright player piano, white and gold trim, is looking for a good home.
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23 firefighters?? for a stump fire????
Firefighters from the Centerville-Osterville-Marstons Mills Fire Department responded late Monday morning to a stump dump fire in Marstons Mills.
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Mulch-making machine fire quickly doused
No injuries were reported after a mulch-grinding machine caught fire at Cape Resources Co.
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Falmouth District Court
BARTOLOMEI, John J., 42, 37 Cappawack Road, Mashpee; driving with registration suspended Aug.
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Barnstable District Court
ANDERSON, Kevin, 24, 5 Staysail Circle, Marstons Mills; larceny of a credit card and improper use of a credit card of a value more than $250 Dec.
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Barnstable District Court
In court Wednesday, Sept. 10: DISPOSITIONS DURHAM, Joseph M., 27, 35 Winter St., Yarmouth; assault and battery July 9 in Yarmouth, dismissed.
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in the West: New town school on the horizon?
After a year of discernment and debate, a school facilities advisory committee recommended that a 500- to 600-student building be constructed on the site of the existing Cotuit, Marstons Mills or Osterville ...
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The mission: Prune to protect power
Voracious insects, lightning, wind. Trees face many threats. But they also pose a threat to the reliable flow of electricity.
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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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