Coinjock, 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
| Coinjock, North Carolina News |
Coast Guard transports injured boater
A Coast Guard rescue boat crew from Station Elizabeth City, N.C., transferred an injured boater from the North River along the Atlantic Intracoastal Waterway, Friday.
|
Vets share war stories via 'Skype'
Bob Kohler , commander of VFW Post 228 in Coinjock, and fellow Navy veteran Blair Barker speak with students at Central Elementary School via Skype, an Internet communications technology featuring audio and ...
|
Downtown market exceeds expectations
Staff Photo by Brett A. ClarkMartha Snowden , with son John H. Snowden III, of Coinjock Creek Farms, hands Buddy Flattum a sample of pumpkin butter, Saturday on the final day of the Downtown Waterfront Market.
|
Growth tops Currituck Board candidates' agendas
Following extensive rezoning in the past two years, managed growth is the top issue for four of the eight candidates for the Currituck County Board of Commissioners.
|
Currituck hopefuls: No bridge not option
Candidates for the Currituck Board of Commissioners say they'd support a state highway improvementoption that includes building a Mid-Currituck bridge and the least amount of road widening.
|
Fire department to host open house
The Lower Currituck Volunteer Fire Department will open its doors Sunday to give residents a chance to tour the Grandy fire station and meet the volunteer firefighters who serve their community.Maureen O'Shea ...
|
Jarvisburg church marks 115th anniversary
Like most other churches in Currituck County, Jarvisburg Church of Christ started humbly, with only a few dozen members.
|
Document to save historic structures
A document that took nearly two years to complete will help one of the fastest growing counties in the state protect numerous historical structures from development by making them eligible for National Register ...
|
Coinjock Meadows to offer affordable housing
After several years of county and local business officials calling for more affordable housing, it appears developers of Coinjock Meadows may have answered their pleas.
|
What's Up in Currituck 06/27
Fire and EMS board meeting. The Currituck Fire and EMS Advisory Board will meet at 7 p.m. the third Thursday of each month in Courtroom C of the Judicial Building located near county's governmental complex at ...
|
Residents honor fallen veterans
Regardless of the many stories surrounding the origins of Memorial Day, recognizing the courage and sacrifices of this nation's fallen veterans "taps into the human need to honor our dead," said Norman St.
|
Trooper involved in Currituck wreck
A trooper suffered minor injuries when his patrol car collided with another vehicle on U.S. Highway 158 in Currituck Friday, a spokesman for the N.C. Highway Patrol said Monday.
|
Developing News: Trooper injured, another seriously hurt in accident on Rt. 158
Sheriff Susan Johnson with the North Carolina Highway Patrol tells WAVY.com, that an accident involving a patrol trooper happened off Rt.
|
Visiting the Outer Banks
The Outer Banks off the coast of North Carolina are an amazing place. The majority of travel to this location takes place during the summer months, but there are things to do there all year long. via Associated Content
|
Currituck mainland race pits ideas on growth, rights
"I'm not against growth, but I'm concerned about unregulated growth based on financial needs of certain individuals and not on community needs" CURRITUCK Government-controlled residential growth versus private property rights and more free-wheeling development in southern Currituck County has divided mainland candidates in Tuesday's primary. via PilotOnline.com
|
|
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
|
|