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.
Local
divorce buyout directory for
MA
:
|
|
Indian Orchard
|
Ipswich
| | |
Return to our divorce buyout page
| Massachusetts News |
Tonight's speech lineup
Trail Times Here's what the Republicans are doing tonight with their three hours of prime time speeches, from 7 p.m. to 10 p.m. local .
|
RI company to fix problem with Mass. charity bins
A Cranston company that isn't registered as a charity in Massachusetts, even though it sells donated clothing it collects there, says it will fix the problem quickly.
|
AIM's 2007-2008 Legislative Scorecard Underscores Need for Improvement in Massachusetts
By Brad MacDougall - Fri, 09/05/2008 - 3:36pm. Associated Industries of Massachusetts , the state's largest business advocacy organization with more than 7,000 Bay State businesses and institutions who ...
|
University of Massachusetts Dartmouth''s New School Adds Outreach
The University of Massachusetts Dartmouth is gathering a wide range of academic disciplines under a new umbrella to strengthen its plan to improve area schools and solve regional social and economic issues.
|
Mass. governor requests aid for shellfishermen
Massachusetts Gov. Deval Patrick is requesting federal disaster aid for shellfishermen hurt by this year's red tide outbreaks.
|
Mass. man buys scorched Hendrix guitar
A Massachusetts man plunked down nearly half a million dollars to buy a scorched guitar set on fire by Jimi Hendrix.
|
Does Historical Theme Park in Massachusetts Have a Future?
Wacky theme park ideas come and go all the time. Most never make it out of the conceptual stage and generally get derailed due to lack of funding, skeptical local governments, or because they are just too darn ...
|
'64 Caddog Triumphs- Relatively Speaking- Over Massachusetts Rust...
This is Down On The Street Bonus Edition , where we check out interesting street-parked cars located in places other than the Island That Rust Forgot .
|
Mass. opens new business office in Beijing
Massachusetts authorities have opened a new office in the Chinese capital of Beijing to help the state's businesses tap into the world's fastest-growing economy.
|
Homeless man arraigned in slaying of Mass. student
A 22-year-old man was arraigned today in a New York City court on a charge that he murdered a 19-year-old student from Massachusetts who had invited him to his apartment during the weekend.
|
Text of Mitt Romney's speech to the Republican convention Wednesday
Text of former Massachusetts Gov. Mitt Romney's speech Wednesday to the Republican convention, as prepared for delivery: ___ For decades, the Washington sun has been rising in the east - Washington has been ...
|
Town of Hull v. Massachusetts Commission Against Discrimination, et...
MASSACHUSETTS COMMISSION AGAINST DISCRIMINATION & another. [1] No. 07-P-478. Plymouth.
|
Florida teen gets up-close look at GOP convention
ST. PAUL -- He's not technically Florida's youngest delegate to the Republican National Convention, but 17-year-old John Cowart has been close to the action.
|
NYC Suspect Held In College Student's Death
New York City police say they believe a college student from Massachusetts was suffocated by a man he invited to his home.
|
Romney supports Palin as VP
Former Massachusetts Gov. Mitt Romney says Sarah Palin strengthens the Republican ticket.
|
Mass. Gas Prices Drop 48 Cents In 2 Months
Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.
|
Mass. Farmers Expect Strong Apple Harvest
Massachusetts apple growers said they expect a strong harvest this fall thanks to the hot and wet weather in August.
|
Coakley gives okay to 1913 law referendum
Massachusetts Attorney General Martha Coakley has approved a referendum petition on the recently repealed 1913 law, which prevented most out-of-state same-sex couples from getting married in Massachusetts.
|
the Edge: Dems' best and worst
Four days, hundreds of speakers, thousands of delegates, endless pontificating. So much that is memorable from the Democratic National Convention, so much that is forgettable.
|
Golf a Growing Industry in Massachusetts According to Report by the...
NORTON, Mass. - The golf industry is a growing and vibrant part of the Massachusetts economy according to a new study, " The Massachusetts Golf Economy, " that was released today by the Alliance of ...
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
|
|