Longwood, 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
| Longwood, North Carolina News |
Lack of food, money threatens Brunswick Family Assistance's future
Officials with Brunswick Family Assistance say if they don't come up with about $50,000 before mid-January, the nonprofit agency may have to close its doors.
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Election judges: Brunswick turnout low because of early voting
Many of the southwestern Brunswick County polling places visited late this morning and early this afternoon were showing no lines, and election workers were crediting the state's early voting process as a ...
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Agrees with hospital suggestion
This letter is in response to the article written by Ray Gilbert of Longwood. He had expressed a desire for our current Brunswick Community Hospital to be converted to a V.A. Center once the new hospital is ...
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A few good cops with their dogs clobber our drug hot spots
The sheriff of Brunswick County, John Ingram, leaned across the round conference table in his office as I was discussing with him the presence of a half-dozen drug "hot spots" in the county.
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Women's conference set for Saturday
Raised in a family poisoned by addiction, Paula Gray-Slough of Shallotte saw things by age 10 that some 20-year-olds hadn't seen.
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They Love Lucy at Silver Coast Winery
County nixes availability fees County residents who have opted not to hook onto the county's water lines will no longer be charged a fee just because the water is there.
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Teen arrested for robbing sno-cone lady at gunpoint
Teen arrested for robbing sno-cone lady at gunpoint A Longwood teenager is in custody at the Brunswick County Detention Center, charged with armed robbery.
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Coast Guard seaman pleads guilty to child pornography charge
Teen arrested for robbing sno-cone lady at gunpoint A Longwood teenager is in custody at the Brunswick County Detention Center, charged with armed robbery.
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K-9 Enforcement team report
The team, comprised of five K-9 officers and their dogs, is similar to the sheriff's office community policing program, which targets areas with high crime and drug activity, but the K-9 enforcement team is its ...
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Fire destroys home in Sunset Beach
Victims recovering after boat capsizes, strands them in ocean for 19 hours Nicholas Via had just bought the boat four days prior.
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Fund limits spur changes to fire service pilot program
The Brunswick County emergency services director vows to collaborate with area fire departments to work on a pilot program for next year, now that commissioners approved a reduced amount of money to those ...
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Free meals available this summer to Brunswick County children
Published: Tuesday, June 17, 2008 at 2:10 p.m. Last Modified: Tuesday, June 17, 2008 at 2:11 p.m. Summer meal sites Brunswick County's Summer Food Service Program is open to all children ages 1 to 18.
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Crime report
Crime report Brunswick County Sheriff's deputies investigated the following incidents and made the following arrests last week.
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Calabash fire service reaches out for interest
The last time Brunswick County Emergency Services Director Randy Thompson checked, he wasn't running a fire department in the county.
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Crime report
Leland Crime report Leland police officers investigated the following incidents and made the following arrests last week. via Brunswick Beacon
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Dead Shallotte man's car found
Brunswick County authorities found the car Shallotte realtor Adam Bradshaw was driving when he disappeared. via WWAY-TV Wilmington
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A chat with Brunswick County school board hopefuls
The primary election for the Brunswick County Board of Education is May 6. Following are the biographies and responses of the candidates vying for spots in the primary. via Myrtle Beach Online
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Police Blotter: Authorities searching for missing woman
Published: Thursday, April 24, 2008 at 10:12 p.m. Last Modified: Thursday, April 24, 2008 at 10:12 p.m. Authorities searching for missing woman The Brunswick County Sheriff's Office is looking for a woman ... via StarNewsOnline.com
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Families of Brunswick County crash victims struggle for answers
"It's just another way to say, 'We remember you, and we love you,'" Crossroads with staff writer Patrick Gannon Published: Monday, April 21, 2008 at 3:30 a.m. Last Modified: Monday, April 21, 2008 at 7:38 a.m. Johnathan Bernard Cedrick Daniels was born March 26, the son of ... via StarNewsOnline.com
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Crossroads: 67 dead in two years
"Whose mother or father are they?" Johnathan Bernard Cedrick Daniels was born March 26, the son of Thalia and Cedric Daniels of Longwood in Brunswick County. via StarNewsOnline.com
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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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