Athens, IN Divorce Buyout in Indiana
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 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.
Return to divorce buyout in the state of IN
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Growth spurs new project
"With the expansion, we reached the capacity of the filter bed system. With the job creation (from the expansion), the state of Indiana offered some support." Micropulse, a Whitley County company that makes medical devices, surgical instruments and orthopedic implants, will nearly double its size with an addition that is nearly complete, president and CEO Brian ... via The Post & Mail
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Rising rate of CT scans can take heavy toll on patient health
"AIM's goal is to provide information that can be used as part of the dialogue that all physicians should have with their patients regarding treatment options" Rising rate of procedures is costly and can take heavy toll on patient health, physicians say By Daniel Lee A growing number of people are getting CT and PET scans, multi-dimensional images that can help ... via IndyStar.com
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Two Injured in Fulton County Crash
"Motorists need to slow down when roads are ice or snow covered." Tip of the Day: Muncie Free Press recommends using the latest version of Firefox to view this site. via Muncie Free Press
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Donations sought for tornado victims
HMI Marketing and Fifth Third Bank in Carmel are collecting goods and funds for Tennessee tornado victims through Monday. via Carmel Star
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Blustery warm-up coming to end
"The winds were definitely stronger than normal, but it will gradually become less windy throughout the week." Warm weather and heavy winds Sunday showed that if it's not one thing, it's another this winter. via IndyStar.com
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Potawatomi Trail of Death needs signs
The Potawatomi Trail of Death Association plans to place historic highway signs across Indiana to indicate the trail route. via Pharos-Tribune
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Tutoring Club to hold open house at new site
Tutoring Club of Carmel will celebrate its new location at 10460 Michigan Road today and Saturday. via Carmel Star
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Delaware company proposes Fulton County biodiesel refinery
ROCHESTER, Ind. - A Delaware company wants to build a biodiesel refinery on a 32-acre site in Fulton County just east of another area that has already been rezoned for a proposed ethanol plant. via The Times
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Dept. of Homeland Security asks Indiana residents to report flood damage
The state of Indiana has said that more counties could be declared disaster areas if enough new flood damage is found across the state. via WNDU-TV South Bend
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Red Cross responds to flooding in Pulaski County
The St. Joseph County Chapter of the Red Cross will open an evacuation shelter in Winamac, Indiana at the request of the Emergency Management Agency. via WNDU-TV South Bend
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State Asking Flood Victims to Continue Reporting Damage
"The Federal Emergency Management Agency is starting the process to qualify people in the designated counties for aid." Live outside Carroll, Cass, Elkhart, Fulton, Jasper, Marshall, Pulaski, Tippecanoe and White counties, which have already been federally designated as disaster areas. via WANE-TV Fort Wayne
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Snowstorm delivers another blow
"I am grateful that it has happened, because those people need help beyond what we can do locally" As predicted, a winter storm dumped snow throughout northern Indiana overnight, but not as much as anticipated. via Pharos-Tribune
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Hundreds attend state trooper's visitation
"Reality's setting in; it's hard to believe that we've lost Dan" The Logansport community, and Indiana State Police, spent the day remembering one of their own. via WNDU-TV South Bend
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: Winter storm bears down on Indiana
"We could be back in the same boat next week" The National Weather Service urged people to stay off the roads and some airlines made early flight cancellations as a winter storm bulked up with heavy snow bore down on Indiana. via Anderson Herald-Bulletin
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New funeral center opens on Westside
"We bought that property in 1999 and have allowed people to move over a long time." Tom Wood Ford Tom Wood Ford offers great deals on New and Pre-Owned vehicles in Indianapolis. via IndyStar.com
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Bush declares disaster due to Indiana flooding
President Bush has declared a disaster due to flooding earlier this month in nine counties in northern Indiana. via NWI Times
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Trooper may have crashed during chase
Tom Wood Lexus Lexus Certified Pre-Owned includes 3 Year or 100,000 Total Vehicle Mileage Warranty. via IndyStar.com
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State Trooper Killed in Accident
State police say they don't know what caused a trooper's car to veer off U.S. 31 in northern Indiana and strike a tree, killing him. via WANE-TV Fort Wayne
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Governor seeks federal disaster aid for flooded counties
Governor Mitch Daniels is requesting federal assistance for people affected by flooding earlier this month in northern Indiana. via WISH-TV Indianapolis
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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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