Cherryville, 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
| Cherryville, North Carolina News |
Cherryville resident champ of masonry mud
Cherryville, is the new Champion of the NC Department of Labor State Fair Masonry Apprentice Contest.
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UPWARD Basketball & Cheerleading to begin
UPWARD Basketball & Cheerleading is about to begin. If you would like to volunteer or would like to sign-up your child, please contact Kevin Bennett at the First Baptist Church of Cherryville.
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Community Thanksgiving service
There will be a community Thanksgiving church service hosted by Shady Grove Baptist Church of Cherryville, NC on Sunday, November 23rd at 6 PM.
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Suspect in fatal beating of Cherryville man indicted for murder
A Gaston County grand jury handed down 249 indictments this week, including one against a man charged with murder after allegedly beating up a Cherryville man and leaving him to die.
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Cherryville eliminated by Swain County in rain-shortened game
Swain County's split back veer offense sent Cherryville reeling Friday night in the first round of the state 1AA football playoffs.
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AARP Driver Safety Program
The Gaston County Police Department will sponsor the two-day AARP Driver Safety Program from 9 a.m. to 1 p.m. Dec.
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New tombstones for two Gaston County brothers who fought in Confederate Army
Clad in a black mourner's dress with a veil and parasol obscuring her face, Linda Hoyle knelt before two ivory gravestones and adorned them each with a single black rose.
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Cherryville man accused of 'secret peeping' on former girlfriend
A Cherryville man was arrested over the weekend after police said he was peeping on an ex-girlfriend. Dabael Ramirez Tinico, 21, was taken into custody around 11:15 p.m. Saturday after a 911 call was placed ...
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1A/Private Basketball - Sports
Terry Whisnant Jr., Cherryville: Father was a 3-sport star at Cherryville who played football at UNC; son has similar talent.
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Bradington-Young lays off 54
CHERRYVILLE, N.C. a ' Upscale leather upholstery specialist Bradington-Young said Thursday that it plans to cut 54 employees in operations and administration at its Cherryville and Hickory, N.C. plants.
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Cherryville woman accused of selling painkillers, bond set at $250,000
A Cherryville woman was jailed on a quarter-million dollar bond Friday after police charged her with selling prescription painkillers.
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Cherryville To Host First Quilt Show And Historical Weekend
Cherryville will showcase handmade quilts and its history this weekend. The Quilt Show and Historical Weekend takes place from 9 a.m. to 5 pm.
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Complete Gaston County election results
To see how the people of Gaston county voted, visit the Gaston Co. Board of Elections results site.
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Gaston County 2008 Election Results
Here is a summary of Tuesday's election results from counties in the Charlotte area: GASTON County Commissioner: In the Cherryville seat, Fraley trounced Libertarian Lewis Guignard Jr., 84.8 percent to 15.2 percent... School Board: Mark Upchurch Sr., an incumbent, was unopposed in his bid to retain the Cherryville district seat.
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Upcoming Halloween, fall events
Looking for something fun to do this fall season? Here's a list of area events. Know of one not listed? Call Emily Killian at The Star by calling 704-669-3331. What: Fall Friends and Family Day When: Nov.
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Need something to do this season?
Looking for something fun to do this fall season? Here's a list of area events. Know of one not listed? Call Emily Killian at The Star by calling 704-669-3331. What: Fall festival Where: Boiling Springs Baptist ...
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Third suspect charged in Cherryville dump truck theft
A third suspect was charged Thursday with stealing a Cherryville man's dump truck last week.
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10th District weighs personality vs. values
McHenry banks on his conservative record, but some residents say they just don't like his style.
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Candidates focus on the economy
First-term Republican incumbent Fraley of Cherryville Township said the top issue is how to keep governmental services at the level people are used to without increasing the tax rate.
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Selling Gaston County: What property sold and at what price
Real estate transactions represent transfer of real property recorded with the Gaston County Register of Deeds.
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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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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