Canton, NC Divorce Buyout in North Carolina
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 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
| Canton, North Carolina News |
Haywood County arrests, citations
Janice Marie Ramsey, 27 Sunset Drive, Canton, was charged Sunday with misdemeanor fraud by worthless check.
|
Restaurant inspections
Pizza Hut, 670 Russ Ave., Waynesville. Inspection: Oct. 29. Grade: 94.5 Comments: Store any degreaser with chemicals.
|
Visit by Chinese Is Special to Girl
Willa Mitchel was just 7 months old when somebody found her lying on a bridge in China.
|
Man with gun arrested on HCC campus
CLYDE - A man was arrested Nov. 19 and charged with carrying a weapon on the Haywood Community College campus.
|
Haywood County arrests, citations
Ryan Tyler Marsh, 48, 150 Fannie Mae Lane, Waynesville, was charged Nov. 18 with misdemeanor communicating threats.
|
Three pisgah high school juniors become Eagle Scouts
WAYNESVILLE Three juniors from Pisgah High School were recently awarded Eagle status at a ceremony held at Bethel United Methodist Church.
|
Teen sentenced for break-ins
WAYNESVILLE A Haywood County teenager will spend at least five years in prison for breaking into homes in the Canton area and assaulting a man.
|
Man sentenced for break-ins, assault
A 17-year-old Haywood County man pleaded guilty Nov. 19 and was convicted of six felony counts, including two counts of burglary, two counts of breaking and entering, one county of common law robbery, and one ...
|
Haywood County arrests, citations
Tiffany King Mintz, 37, 51 Rugrats Lane, Waynesville, was charged Nov. 10 with misdemeanor second-degree trespassing.
|
Undercover drug sting in Maggie Valley leads to 3 arrests
MAGGIE VALLEY Maggie Valley Police arrested three women today on charges that they sold illegal drugs to undercover officers at local businesses.
|
Walmart fulfilling expectations in west Waynesville
The recently opened Super Walmart has breathed new life into west Waynesville, sparking a process of revitalization as other businesses flock to the once-deserted part of town.
|
Woman charged with threatening 10-year-old girl
CANTON - Kathy Renee Burnette, of North Main Street, was arrested Saturday and charged with two misdemeanor counts of communicating threats and misdemeanor assault on a child under 12.
|
Haywood County arrests, citations
Ronald Lee Barbato, 21, 36 Locust St., Canton, was charged Nov. 4 with felony second-degree rape.
|
Community Kitchen opens in Canton
The Community Kitchen in Canton observed the opening of its new facility at 98 Pisgah Drive with a dedication and ribbon-cutting ceremony Oct.
|
Haywood Community Chorus presents 11th annual fall concert
The Haywood Community Chorus will present its 11th annual fall concert at 4 p.m. on Nov.
|
Litter program starts 8th year
The Commission for a Clean County announces the 2008 opening of its eighth annual Community Pride awards program.
|
Haywood County salutes veterans
From the monuments honoring veterans outside the Haywood County Courthouse and Canton's Town Hall to the big gun in Clyde, Haywood County isn't shy about paying tribute to veterans.
|
Haywood County arrests, citations
Keith Lamar Medford, 51, 353 Camp Rock Road, Canton, was charged Oct. 28 with misdemeanor simple assault.
|
2 face charges in appliance thefts
Haywood County sheriff's deputies on Oct. 28 arrested a man and a woman in connection with the theft of appliances from a mobile home being repossessed.
|
Canton man charged with rape
A 21-year-old Canton man has been charged with rape stemming from an alleged assault that occurred in February.
|
|
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
|
|