Chepachet, RI Divorce Buyout in Rhode Island
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 Rhode Island, 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 RI
| Chepachet, Rhode Island News |
Wild in the streets
That happy little jingle you hear these days emanating from your favorite auto body shop is probably the owner, because right now is certainly his Most Wonderful Time of the Year.
|
Thanksgiving service on Nov. 23
Free Will Baptist Church, 1213 Putnam Pike, Route 44, west of the center, announces that it will be the host for the annual town Thanksgiving service at 7 p.m. on Sunday, Nov.
|
Voters to decide fate of local bond issues
By Wall Street standards, half a million dollars is pocket change. That's the amount Conservation Commission Chairman Roy P. Najecki is hoping local voters will approve Tuesday in a referendum proposing the ...
|
Reed on board through mid-2012
Robert T. Reed will continue as town administrator at least until July 31, 2012, under a contract finalized with selectmen on Saturday.
|
RIPTA sets hearings on eliminating routes
Lucy Bettencourt downs her coffee and muffin and checks her watch: 7:15 a.m. Time to roll out.
|
More of this story
The commander of the State Police has announced he is closing the department's local barracks and shifting the troopers to busier areas of the state.
|
Tanyard Lane Chepachet R.I.
The story of, Tanyard Lane is true and the place that this story happened is in, Chepachet Rhode Island in the late 1960's. Roy was young when he went to his final home a few years later and had faith in his ...
|
Changes in store for the state police
At the Rhode Island State Police, it's out with the old -- as in closing two old barracks in quieter regions of the state -- and in with the new -- as in promotions for state troopers, new titles for commanders ...
|
RI state police reorganize
The commander of the Rhode Island State Police is streamlining operations by closing two barracks and altering the department's organization and command structure.
|
Ponaganset schools will open Wednesday
The first day of school for students at Ponaganset High School and Middle School will be Wednesday, two days later than scheduled, because of ongoing construction at the high school, according to acting Supt.
|
Legally Blonde a bombshell for PPAC
Electrician Melissa Ciaramello of Chepachet works on a set of lights at the Providence Performing Arts Center yesterday morning as crews move in the show Legally Blonde.
|
Racing Through The Card Here At Thompson International Speedway
Who would have ever thought this place was under water just a few hours ago. Yes magic happens here at Thompson International Speedway.
|
Rhode Islanders tell senators, congressmen: It's about oil
Sen. Jack Reed heard it on the Fourth of July parade routes and other members of the local congressional delegation have detected a similar message from Rhode Island constituents worried about the soaring price ...
|
Bill Burton
A Yankee Doodle do or die; A real live nephew of my Uncle Sam's Born on the Fourth of July.
|
Battle brews over parade
The Gloucester Light Infantry, a citizen militia that rose up against the British during the Revolutionary War, has a new enemy: the 82nd-annual Ancients and Horribles Parade.
|
Ancient and Horribles parades independence
For Ken C. Hopkins, winning is routine. In fact, the Glocester resident has won so many awards at the Ancient and Horribles July Fourth Parade over the past 30 years that he has lost count.
|
Ancients & Horribles Parade has long tradition
The 82nd annual Ancients & Horribles Parade in Glocester takes place tomorrow, July Fourth, in the village of Chepachet, where, for a day at least, irreverence reigns.
|
Severely injured Trooper Brendan Doyle is back on the job
The odds were that Brendan Doyle would never wear the state trooper's gray uniform again.
|
Neighborhood of the Week: Wright's Farm a key landmark in a quiet, rural community
Michael Glod, of Coventry, orders pastries from Heather Selman, of Chepachet, at Wright's Dairy Farm.
|
Reverse Mortgages Popular, and Costly
Diane and Peter Carrara moved into their dream house in 1958. It was an unfinished shell no doors, bathtub, heat, or even finished flooring but it was near a lake and nestled in the woods, just like they ...
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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.
|
|