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Caroleen, 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
| Caroleen, North Carolina News |
Divers recover pistol
Comments on Topix forums : RUTHERFORDTON Divers recover pistol Divers recovered a pistol believed to have been used to kill a 17-year-old youth last week outside the Caroleen post office.
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Police charge 2 in fatal shooting
Mike McWilliams * MMcWilliams@CITIZEN-TIMES.com * published October 11, 2008 1:06 am Rutherfordton Authorities on Friday arrested and charged two men in connection with a fatal shooting earlier this week in a ...
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Teen Found Dead Outside Post Office
A 17-year-old boy was found dead outside a western North Carolina Post Office. Rutherford County deputies said they found the teen in the parking lot of the Caroleen Post Office around 8:45 p.m. Tuesday after ...
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Dive team aids murder probe
Published: Tuesday, October 14, 2008 at 4:30 a.m. Last Modified: Monday, October 13, 2008 at 11:56 p.m. Members of the Henderson County Dive Team were asked Friday to assist the Rutherford County Sheriff's ...
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Charges filed in Rutherford slaying
Authorities today charged two Rutherfordton men in connection with a fatal shooting earlier this week at a post office parking lot.
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Two Charged In Rutherford Murder
Two Charged In Rutherford Murder Rutherford County deputies arrest two men for the murder of a 17-year-old earlier this week.
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2 Charged In Death Of N.C. Teen
Deputies said Friday that they have arrested two people in connection with the death of a 17-year-old whose body was found near a western North Carolina Post Office.
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17-year-old killed in Tuesday shooting
Timothy White, of Forest City, was found dead about 9 p.m. Tuesday outside a vehicle parked at the Caroleen post office on U.S. 221A, said Cpl.
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Rutherford Fatal Shooting
Fatal Shooting Investigated in Rutherford County A 17 year old is gunned down in the parking lot of a post office, now investigators are trying to figure out who's responsible.
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Shooting in Caroleen, officials warn to be on the lookout
A shooting took place late Tuesday at the Caroleen Post Office in Rutherford County, scanner traffic said.
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Deputies probe shooting at Rutherford post office
Comments on Topix forums : RUTHERFORDTON Rutherford County Sheriff's deputies were investigating a shooting Tuesday evening at a post office.
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Textile toys topic at talk
Textiles dominated Cleveland County and the Carolinas for nearly 100 years, but no more.
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Howard-Fisher
Howard-Fisher Horace and Patricia Toney of Boiling Springs announce the engagement of their daughter, Patsy Amanda Toney Howard, to Steven Marcus Fisher.
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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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"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
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