Bluffton, 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
| Bluffton, Indiana News |
Purdue holds ag outlook meetings
Purdue University will host 17 agriculture outlook meetings, including two in northeast Indiana, this month.
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Charities
The following is a list of local agencies that are seeking donations for the holiday season.
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Ruth Estelyn Hillman
MUNCIE - Ruth Estelyn Hillman, passed away Thursday evening, November 27, 2008 at Meadowvale Health Care Center in Bluffton.
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City resident can't escape jailbreak past
Bruce Culpher must feel a little bit like a politician who is having every old misstep resurrected during a political campaign.
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Bluffton pizzeria dishes up one sweet pie
With its dark interior, faux tiger-skin rug and horror movie memorabilia, Tyeger's Pizza Parlour caters to the young at heart.
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Art sale to replenish food bank
Various art pieces are for sale at ARTWORKS, located in the former S&K Menswear store beside Barnes & Noble Booksellers at Jefferson Pointe.
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Birth announcements
Here is a selected listing of births in Allen County hospitals sent to the Allen County Bureau of Vital Records through Oct.
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Jill Long Thompson visits Bluffton
Jill Long Thompson, Democratic candidate for governor of Indiana, stopped in Bluffton late Tuesday morning.
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Bluffton resident Daisy Cox, 94, has been teaching piano since 1927.
If Guinness World Records contained an entry for teaching piano the longest amount of time, Bluffton resident Daisy Cox, 94, would surely be a contender.
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ELECTION 2008
Rina Stuck, Republican Address: 627 South Marion St., Bluffton Age: 43 List Your Qualifications for this position: I have served as Wells County Deputy Recorder the past 5 1/2 years under present County ...
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Aluminum remelt start-up Alexin to begin metal cast at month end
Alexin, a new aluminum billet remelt plant in Bluffton, Indiana, plans to begin casting metal at the end of the month, and the company has been negotiating its P1020 aluminum purchases as well as billet sales, ...
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ELECTION 2008
Paul I. Bonham, Republican Address: 5656W-Ind. 124, Markle Phone: 694-6106 Age:79 Qualifications for this office: I have served my fellow citizens of Wells County for 18 years on the Area Planning Commission, ...
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Thursday, Oct. 16, 2008
Lady Tigers fall to Jay County The Bluffton Lady Tigersa volleyball team suffered a 3-0 loss to the Jay County Lady Patriots 25-15, 25-19, 27-25 on Tuesday.
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ELECTION 2008
James E. VanWinkle, Republican Address: 1203 Echo Ln. Phone: 824-3424 Age:64 Qualifications for this position: a Have served as Wells County Councilman two straight terms; five terms overall; for a total of 21 ...
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Kids in Bluffton going green
Bev Balash and her 8th grade students from Bluffton Harrison Middle School are cleaning up the Wabash River.
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Busy council night
Wells County Council members began their Tuesday evening budget planning meeting in a charitable mood - literally.
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ELECTION 2008
Kent Shady Address: 1509 Parlor City Dr. Phone: 824-2132 Age: 49 I was born and raised in Bluffton and am a 1977 graduate from Bluffton High School.
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Red tape means tax repayment will take a while
James and Andrea Carlson hold a copy of their paid property taxes for 2008 in front of their house at 1420 Parlor City Dr.
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Birth announcements
Here is a selected listing of births in Allen County hospitals sent to the Allen County Bureau of Vital Records through Sept.
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Churches plan 40 days of 24/7 prayer
A 24-hour prayer session will continue for 40 days in Bluffton, and the event will begin with a worship service on Oct.
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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 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.
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