West Greenwich, 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
| West Greenwich, Rhode Island News |
Judge: Panel, not unions, sets schools' mission
A Superior Court judge has ruled that the Exeter-West Greenwich School Committee has the sole right to set policies essential to its educational mission.
|
Teacher honored for keeping the arts alive at Hope
Three years ago, Christine Auxier was on the verge of losing her job and Hope High School was about to lose its award-winning theater program.
|
Judge rules teachers union can't override Exeter-West Greenwich School Committee on policy
A Superior Court judge says the Exeter-West Greenwich School Committee has the sole right - and the obligation - to set policies essential to its educational mission, even though it negotiated away that role ...
|
RIDE holding info meeting to update parents on graduation regulations
The Rhode Island Department of Education will hold an informational session on Monday, Nov.
|
Binswanger Named Exclusive Agent for Lease of Major Property in West Greenwich, Rhode Island
Binswanger has been named exclusive agent to sub-lease an exceptional, three-story, 93,000 sq.
|
City works on plan to access Rocky Pt. land
The Small Business Administration is nowhere near an agreement for the sale of the remaining 83 acres of Rocky Point, but that hasn't stopped the city from moving ahead with plans for access to the 41 acres it ...
|
Saltwater permits group to meet
The state Department of Environmental Management and the Rhode Island Saltwater Anglers Association have launched a group to study saltwater fishing permits.
|
Wood carvings are on display at Alton Jones
WEST GREENWICH, R.I. a ' If you have ever been to the Alton Jones Campus of the University of Rhode Island, you may have noticed some elaborate wood carvings.
|
Businesses find creative ways to offset rising transportation costs
Pencils employee Chris Santos fills up on gas to make his next delivery run. October 24, 2008 5:25 PM While fuel prices have begun to dip across the state, local transportation businesses are still reeling from ...
|
Flashback: Oct. 20, 1994
Flashback features the day when West Greenwich was the center of the controversy over locating a gambling casino in Rhode Island.
|
A scary weekend is on tap - Boo
It will be a frightening weekend in Southern New England. There are a number of scary events for Halloween to keep you and your family entertained and in a spooky mood.
|
Town celebrates opening of DPW garage
On the site of the town's new Department of Public Works facility, credit was given where credit was due.
|
Here's a list of some fun weekend events
Festive Fall Events this weekend!!! Check out the Providence ghost tour on Saturdays and Sundays this month at 3pm.
|
Armed man's call to police triggers search, disrupts school
The police yesterday were looking for a man who called them early in the morning, claiming to be armed and waiting to talk to a friend on New London Turnpike.
|
Three Montville HS students remain hospitalized after car accident
Montville a ' Three Montville High School students remain hospitalized after they were involved in a car accident Tuesday afternoon.
|
Roy Lichtenstein Foundation Acquires Harry Shunk Photographic Archive
On the anniversary of Harry Shunk's 84th birthday today, the Roy Lichtenstein Foundation is honored to announce it has just acquired the entire photographic archive of renowned photographer Harry Shunk.
|
Women's Wilderness Weekend is a time for a diverse group to bond in the outdoors
Cherie Calabrese is the acting president of Women's Wilderness Weekend of Rhode Island.
|
Collision sends two women to hospital
HANNAH CLARKIN This e-mail address is being protected from spam bots, you need JavaScript enabled to view it WEST GREENWICH - A two-car accident on Route 3 sent two women to the hospital on Thursday morning, ...
|
More of this story
South Kingstown High took the top three places to knock off defending Southern Division champion Chariho, 24-32, in the Chargers' final boys' cross country dual meet of the regular season Wednesday.
|
Dozens plead for RIPTA to keep Providence route
Bonded by years of riding the bus together, about 55 people came to Town Hall last night to share their ideas for saving their bus route.
|
|
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.
|
|