Eure, 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
| Eure, North Carolina News |
Two hurt in Eure crash
EURE a ' Two Gates County neighbors remain hospitalized following a head-on accident near here Saturday.
|
Crimewatch 11/08
Marcus Robert Robbins, of the 1100 block of W. Main Street, Elizabeth City, was arrested Sept.
|
Million Mile Man
" Over a span of 30-plus years, Bryan Hudgins has seen it all. The Eure Post Office rural route mail carrier once had a goat jump inside his vehicle as he was exiting the car to deliver a package.
|
Thousands walk for hope in Raleigh
Mental illness affects all age groups, nationalities, genders and economic backgrounds, so on Sunday, hundreds of people came together to walk or run to do their part to help raise money for research in the ...
|
Candidates' bus to roll into Craven, Pamlico, Jones
A bus load of statewide Democratic Party candidates will stop in Craven, Pamlico and Jones counties on Wednesday on a tour to meet face-to-face with eastern North Carolina voters.
|
Felton takes - early' seat
" Ray Felton now has one more hat to officially add to his growing collection. Felton, a successful local businessman known for his passion in the battle against cancer, was recently sworn in as a member of the ...
|
Q&A with John Boyd
Published: Tuesday, September 23, 2008 at 4:30 a.m. Last Modified: Monday, September 22, 2008 at 11:35 p.m. Age: 65 Leigh Kelley/Times-News An ubiquitous businessman about town, John Boyd shares his ...
|
Revival aimed at youth, community
Gates County is a mission field. At least, that's how the members of Union Branch Baptist Church/Greater Faith Ministries see it.
|
'Graduates urged to distinguish themselves'
"Look for an opportunity to make a difference, be unique, and provide leadership and turn even the most adverse situations to your advantage" Tracy Tynette Eure, of Eure, gets a final hug from a Chowan University professor May 10 as she waits in line to ring the bell. via Biblical Recorder
|
Maine repeats as Jr. Dragster winner
The second points race of the season was held Saturday night at Northeast Dragway bringing out the competitive fire in all. via Daily Advance
|
Clinton: Wife still in race for presidential nod
"The wealthiest 1 percent of us got 43 percent of the benefits this decade" If Americans want change, they'll get it if they elect U.S. Sen. Hillary Clinton as president, her husband, former President Bill Clinton, said in Elizabeth City earlier this morning. via The Daily Advance
|
City hall of fame will induct 14
This year's 14 inductees into the Raleigh Hall of Fame have been announced. They are: Dick Bell, John Caldwell, Elizabeth Cofield, Julia and Frank Daniels, Alice and Thad Eure Jr, Barbara and Jim Goodmon, ... via News Observer
|
|
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
|
|