Chadbourn, 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
| Chadbourn, North Carolina News |
Several arrested on felony charges
Several Columbus County residents have been arrested on various felony charges filed in separate cases by the Sheriff's Office and Fair Bluff police.
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County seeks planner
The next request County Manager Bill Clark makes to the Columbus County Board of Commissioners in the arena of personnel may be to hire a county planner.
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Brunswick-Columbus International Park in the making
Columbus and Brunswick Counties are one step closer to forming an industrial park that will be located on the border of the two counties and just 16 miles from the Port of Wilmington.
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Brunswick-Columbus industrial park in the making
Columbus and Brunswick counties are one step closer to forming an industrial park that will border the two counties off U.S. 74-76 and just 16 miles from the Port of Wilmington.
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Crime updates, Nov. 25
Teen catches ride, robs couple Kwamaine Bellamy, 16, of Dessie Road, Chadbourn, was arrested on charges of armed robbery and vehicle theft early Tuesday, Nov.
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BEMC awards Bright Ideas grants
Brunswick Electric Membership Corporation awarded Bright Ideas grants totaling $33,252 to several teachers from Columbus and Brunswick counties on Nov.
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Local News, Weather and Sports for Wilmington, NC and the Cape Fear Region
Submitted by WWAY on 15 October 2008 - 5:23pm. Missing Persons billboard helps find suspect There has been a major break in the murder case of a Columbus County woman.
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Missing woman's family speaks out
The past few days have been a whirlwind for Carol Dowless' family. She has been missing since September 2005 and remains found Tuesday are believed to be hers.
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SUV driver 'inattention' cited in wreck
The "inattention" of the driver of an SUV that collided Monday with a Charlotte fire engine was a factor in the wreck, Charlotte-Mecklenburg police said today.
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Guards accused of trafficking prescription drugs
Two prison guards in Columbus County have resigned after being charged with trafficking prescription medication.
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Local News, Weather and Sports for Wilmington, NC and the Cape Fear Region
Submitted by WWAY on 21 July 2008 - 5:13pm. Iraq war A Columbus County preschooler had a special, unexpected visitor today.
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Local News, Weather and Sports for Wilmington, NC and the Cape Fear Region
Submitted by WWAY on 21 July 2008 - 5:13pm. Iraq war A Columbus County preschooler had a special, unexpected visitor today.
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Lowe retires from day-to-day banking
During Bob Lowe's childhood in small-town Chadbourn in southeastern North Carolina , his father ran the local office of Waccamaw Bank and his aunt worked there as a teller.
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Drug report
More Headlines Crime report Shallotte crime report Information exchange program to link sheriff's office with other departments The Brunswick County Sheriff's Office is gearing up to link to more than 400 law ...
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Pope's AFSA Chapter 367 supports local community
Pope's Air Force Sergeants Association Chapter 367 beautified Meyers Park during Fayetteville's annual city wide clean-up, "Fayetteville Beautiful", April 19. via Carolina Flyer Online
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Lowe to retire from NewBridge Bank
"Our banks have been successfully integrated. ... New Bridge Bank is positioned to achieve the possibilities we saw in December 2006." After 38 years with NewBridge Bank and its predecessor, Lexington State Bank, Bob Lowe will retire effective June 30. via The Dispatch
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Man wanted in stabbing of wife arrested in Chadbourn
"We deal with hundreds of domestic violence cases every month and any one could blow up like this." Published: Thursday, April 24, 2008 at 9:32 p.m. Last Modified: Thursday, April 24, 2008 at 11:51 p.m. Lashaveous Bostic is wanted on charges including attempted murder. via StarNewsOnline.com
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L&M gets in on sweet potato deal
"Sweet potatoes are not a high-volume item like potatoes and onions. When we do Eastern vegetables, and those other items, we can help them logistically and show them more value." Adding another commodity to its large fruit and vegetable line, L&M Cos. Inc. has entered the sweet potato deal. via Packer
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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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