Ayden, NC Divorce Buyout in North Carolina
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 North Carolina, 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 NC
| Ayden, North Carolina News |
NC's Public Power Communities Experiencing Scattered Outages Due to Tropical Storm Hanna
RALEIGH, N.C., Sept. 6 NC-ElectriCitiesHanna RALEIGH, N.C. , /PRNewswire-USNewswire/ -- NC Public Power communities are experiencing scattered outages throughout eastern North Carolina due to the high winds and ...
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Kinston Blues band to play at Collard Festival
The Donald Underwood Thompson Band of Kinston will appear at this year's Collard Festival in Ayden.
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Elda E. Strayhorn
Elda E. Strayhorn, 73, of 103 Back St., Trenton, died Sunday, Aug. 31, 2008, at Craven Regional Medical Center in New Bern.
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Famed BBQ Restaurant Catches Fire
Hey, read the rules! One of the most famous barbecue restaurants in Eastern Carolina, and one that's been noted nationally, caught fire Thursday.
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Fast Track To School: A New Service Could Get Students To Class Quicker
Hey, read the rules! Pitt County Schools will try out an express bus service at Wintergreen Primary, Wintergreen Intermediate, Creekside And Ayden Elementary Schools.
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Greene County Nc
Get multiple quotes in minutes on condo insurance. www.CondoInsurancee.com Premium North Carolina eDivorce $149 Greene County Foreclosures View Real Estate in Wake County , NC Find Homes and Property for Sale.
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Two arrested in convenience store robbery
Two people have been arrested and police are searching for a third man accused of robbing a convenience store at gunpoint early Saturday morning.
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Community
The National Alliance for Mental Illness-Pitt County will meet at 6:30 p.m. Tuesday on the fourth floor of the Laupus Library at the East Carolina University health science campus.
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Community
The District 65 chapter of the State Employees Association of North Carolina, based at East Carolina University, will hold its annual membership breakfast 7:30-10:30 a.m. Wednesday at in the Bate Building Room ...
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Fun for the whole family
If you're looking for family-friendly theater, Magnolia Arts Center has the perfect offering.
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Pitt ranks last in AYP category
Pitt County's public schools rank last among the state's districts with 25 or more schools in Adequately Yearly Progress numbers for preliminary math scores this year, but school officials say the comparison ...
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Drive-in theater a no-show for Kinston
When an Ayden woman and her sister first thought of building a drive-in movie theater in Kinston, their plans were for an 11-acre facility with room for 680 vehicles that would be open by summer 2006.
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Ayden Shooting Update
Police are looking for a gunman tonight and a man is recovering after being pistol whipped.
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Ayden Shooting Update
Police are looking for a gunman tonight and a man is recovering after being pistol whipped.
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Pitt schools left behind by federal math standards
Five Pitt County Schools met federal academic standards last year, but most schools came close, according to preliminary results for math tests released Monday.
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Cherie Speller: Rising prices lead to a cry for help from many consumers
A friend told me about his encounter with an older man at the gas pump last week.
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Editorial: Tough times - GUC rate increase will be difficult
There is ample justification for local utility companies to impose the rate increase announced on Thursday.
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Van & DOT Tractor Involved In Accident
Hey, read the rules! Ayden police are investigating a crash between a van and a Department of Transportation tractor that happened along Highway 11 South in Pitt County Tuesday afternoon.
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North Carolina Barbecue Trail, Ayden, NC
They call it the barbecue capital of the world! And if you follow the North Carolina barbecue trail to a tee you'll start right here at the Skylight Inn, Ayden , NC .
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Woman assaulted
Greenville Police Department officers investigated a report that a 27-year-old woman was hit in the face Thursday by a relative at a residence in the 200 block of Nash Street.
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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