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Amo, IN Divorce Buyout in Indiana

Since 1979 Somerset Mortgage Lenders Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Indiana, 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.

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Amo, Indiana News
County considering purchase of park land

If an area family has its way, Hendricks County could one day soon have another public park.


Picnic, play with lunch bunch

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Honors are given when old buildings get new lives

Historic Landmarks of Indiana has honored five landmarks with Central Indiana Preservation Awards.


Memorial Day events in the metro area

8 a.m., American Legion Post 118, 650 S. Ind. 39, Danville. Members of American Legion Post 118 honor veterans and soldiers by visiting Hendricks County cemeteries and the Courthouse Square in Danville. Schedule: New Winchester, 8:15 a.m.; Coatesville, 8:23 a.m.; Stilesville, 8:31 a.m.; Amo, 8:43 a.m.; Hadley, 8:53 a.m.; Mill Creek, 9:10 a.m.; Clayton, 9:28 a.m.; Center Valley, 9:55 a.m.; Salem, 10:10 a.m.; Cartersburg, 10:23 a.m.; Danville East Cemetery, 10:45 a.m.; Courthouse Square, 10:55 a.m.; Danville South Cemetery, 11:05 a.m.; return to post, 11:10 a.m. (317) 745-4596. 10 a.m., Little Eagle Creek Cemetery, Little Eagle Creek Avenue, Westfield. Held by Veterans of Foreign Wars Post 10003 of Carmel, VFW Post 10207 of Westfield and American Legion Post 155 of Carmel. 10:15 a.m., Courthouse Square, Franklin. Band 40 and 8 plays at 10:15 a.m.; national anthem at 11 a.m., followed by featured speaker Brig. Gen. Ray Phillips. Pitch-in lunch follows services at American Legion Post 205, 1200 Park Ave., Franklin. 11 a.m., Old Blue Cemetery, 106th Street and Keystone Avenue, Carmel. Held by Veterans of Foreign Wars Post 10003 of Carmel, VFW Post 10207 of Westfield and American Legion Post 155 of Carmel. 11 a.m., Historical Hamilton County Courthouse, Courthouse Square in Noblesville. Presented by Noblesville American Legion Post 45. Speakers: Noblesville Mayor John Ditslear and Legion members. After the ceremony, they will head to Riverside Cemetery at Fifth Street and Maple Avenue, where names of veterans buried there will be read, and a wreath-laying ceremony will be conducted. After that, the procession will head to Crownland Cemetery for the laying of a wreath. 11 a.m., Fishers Town Hall, 1 Municipal Drive, Fishers. Presentation of colors, salute and other traditional Memorial Day recognition. Presented by American Legion Post 470. (317) 595-3111 or www.legion470.org. Noon, Washington Park East Cemetery, 10612 E. Washington St. Program features area dignitaries, including Indianapolis Mayor Greg Ballard, Brig. Gen. David Harris and men and women of the Indiana National Guard. At the conclusion of the program, the Indianapolis Jazz Orchestra will provide a free concert in the courtyard of the Community Life Center on the grounds of Washington Park East from 1:30 to 4 p.m. (317) 580-9844. Noon, Carmel Cemetery, 136th Street and Range Line Road, Carmel. Held by Veterans of Foreign Wars Post 10003 of Carmel, VFW Post 10207 of Westfield and American Legion Post 155 of Carmel. Noon, Our Lady of Peace Cemetery, 9001 Haverstick Road. (317) 574-8898. 12:45 p.m., Crown Hill Cemetery (34th Street entrance), 34th Street and Boulevard Place. Combined Union and Confederate re-enactor battalion will conduct a dress parade, memorial address, musket fire salute and march to the National Cemetery. Also includes Civil War cannon salutes. Begins at the Confederate Mound in Section 32. Free. (317) 925-8231. 1 p.m., Veterans of Foreign Wars Post 10003, 34 First Ave. N.W., Carmel. Remembrance for prisoners of war and those missing in action. Cookout follows. (317) 846-0917. 1 p.m., Acton Cemetery, 7800 Acton Road. Music, flyover (weather permitting) and traditional activities centered on the new veterans memorial. Free. (317) 835-2036. 1:30 p.m., Crown Hill Cemetery (34th Street entrance), 34th Street and Boulevard Place. Features a concert by the Indiana Army National Guard's 38th Division Band, a Black Hawk helicopter flyover, an artillery salute, 'Roll Call of Fallen Hoosier Heroes,' JROTC Color Guard from George Washington Community School and Echo Taps by the 38th Division Band. Mayor Greg Ballard will give the keynote speech at 2 p.m. Light refreshments available. Walking tour to follow. Rain location: Crown Hill Funeral Home. Free. (317) 925-8231. 5 p.m., Legacy Funeral Center at Memorial Park Cemetery, 9350 E. Washington St. Keynote speaker: Brig. Gen. David Harris. (317) 898-4462. 7:30 p.m., Monument Circle. Ceremony for troops in Middle East. Bring red, white or blue candles. Boxes on hand to be filled as care packages. (317) 638-3447.Monday


Gravestone restoration workshop set

"We're really excited to have Jennifer come talk to us. We already have 13 people signed up for the seminar and hope to fill all 25 slots. There are so many township cemeteries that need repair we hope this will encourage people to pitch in and help"

Roachdale resident Jessica Felix has, over time, become something of an expert on restoring old cemeteries. via Banner-Graphic


Hendricks County art tour this weekend

"This year we're hoping to be No. 1"

Want proof that original art is alive and well in Hendricks County? You'll get it and then some on Saturday. via Flyer Group


Registration open for third annual ArtsGo

"The arts community here is thriving"

More than 100 artists participated in the first two years of the Hendricks County Arts Council's ArtsGo! Board member Bonnie Rose Smith, who devised the event and serves as its chair, expects that many again ... via Flyer Group


Leadership Hendricks County honors three

Attendees of the Leadership Hendricks County Annual Meeting, held Jan. 10 at the Hendricks County 4-H Fairgrounds and Conference Complex, witnessed the honoring of two very special community members as well as ... via The Indianapolis Star


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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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