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Alba, MI Divorce Buyout in Michigan
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 Michigan, 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 bad credit divorce buyout in the state of MI
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| Alba, Michigan News |
Weekly is northern Michigan's largest weekly newspaper, distributed in 13 counties throughout the northwestern lower peninsula of Michigan
For all of you interested in the environment and the future of the Great Lakes, the weekend of November 14 is for you! There are two back-to-back events that are fun and affordable.
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Week In Review:
A former Alba school bus driver is off to prison following his conviction on child pornography and criminal sexual conduct charges.
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Former school bus driver goes to prison
A former Alba school bus driver is off to prison following his conviction on child pornography and criminal sexual conduct charges.
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Week In Review:
Another blow came down the pipe for those opposed to a deep-injection disposal well proposed near Alba in Antrim County's Star Township.
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Lakes of The North Fundraiser
This morning dozens of pilots flew in for a special breakfast at The Lakes of the North Airport in Mancelona.
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Teens allegedly stole 7 vehicles
Two teen boys were arrested for allegedly stealing seven vehicles. A joint investigation by Mancelona and Bellaire police departments and the Antrim County Sheriff's Department resulted in the arrests of a ...
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Entertainment Calendar Updated
Aug. 21 Murder mystery dinner - Stafford's Bay View Inn and the Little Traverse Civic Theatre present, "An Artful Murder" an interactive Murder Mystery Dinner 6 p.m. on Thursday, Aug.
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Porn charges added for ex-bus driver
A former school bus driver accused of criminal sexual conduct faces a host of new charges after authorities allegedly discovered child pornography on his computer.
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Tea Table Listing Updated
Births A daughter, Elizabeth Jean Stoll, was born to Matt and Amy Stoll of Petoskey on May 21, 2008, at Charlevoix Area Hospital.
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2 finalists named for superintendent post
Two finalists have been named in the search for Mancelona Public Schools' new superintendent. via Traverse City Record-Eagle
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Updated May 6, 2008 election results
Regional school and local government election results for May 6, 2008. ANTRIM Alba Public School Incumbents Nancy Shepard and Christi A. Wood retained their four-year seats on the Alba school board, with 127 ... via Traverse City Record-Eagle
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Mancelona has 4 superintendent finalists
Four finalists to become Mancelona's school superintendent will be interviewed next week. via Traverse City Record-Eagle
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Week in Review:
"If this is what the residents want, the village will begin looking at how to pay for it without raising taxes" Residents will help decide whether to dredge Bellaire's Craven Pond in an attempt to rejuvenate trout habitat. via Traverse City Record-Eagle
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School Bus Driver In Court Charged With Child Sex Crimes .
A Northern Michigan school bus driver was in court today, charged with having sexual contact with a teenage student a few times. via WWUP-TV Cadillac
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Governor Stays Out of Cleanup Project in Antrim County
The Governor decided she will not intervene in a pollution cleanup project in Antrim County. via WWUP-TV Cadillac
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Gov. Granholm won't revoke Alba well permit
"The bottom line is that this matter is in a legal process, an appeal has been filed" The governor won't intervene in a pollution cleanup project in which wastewater would be pumped deep underground from a spot in Antrim County's Star Township. via Traverse City Record-Eagle
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Crash victims were from downstate
ALBA Authorities identified two downstate men killed in a traffic crash near Alba. via Traverse City Record-Eagle
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Fatal head-on collision in Alba
One person is dead and another injured after a head on collision in Antrim County. via WTOM-TV Traverse City
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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