Dale, 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
| Dale, Indiana News |
Marlin Dale Mires
Name of Deceased: Marlin Dale Mires Age: 74 Address: 8417 South CR 60 Southwest Westport, Indiana Date of Death: Saturday, November 29, 2008 at 5:19 p.m. Place of Death: His residence Date of Birth: October 31, ...
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Light up, New Albany! Families come out to celebrate Holiday Fest
Families came bundled up in scarves, mittens and hats to celebrate New Albany's 2008 Holiday Fest.
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Spencer County Fatal Accidents
Spencer County Sheriff Department officials tell Fox 7 there was a fatal accident this afternoon.
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Man killed in Spencer Co. accident
A Knox County man is killed in a two vehicle crash in Spencer County. Monday afternoon on U.S. 231 just south of Dale, Indiana State Police say a pickup truck crossed the center line into the path of a tractor ...
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Spencer County Man Killed In Wreck With Semi-Truck
A Tri-State man was killed Monday when his car crashed head-on into a semi-truck. Indiana State Police tell NEWS 25 the accident happened on US 231 near Dale.
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Driver killed in head-on collision in Spencer County
One driver was killed Monday afternoon in head-on wreck between a pickup truck and a tractor trailer on U.S. 231 just south of Dale, Ind., Indiana State Police reported.
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76th Infantry Brigade Combat Team returns after nine months in Iraq
After nine months in Iraq, a few flight delays, and a final march through the halls of the new Indianapolis International Airport terminal, the soldiers finally appeared to anxious family members and friends ...
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Oldenburg council meets
The Oldenburg Town Council decided Nov. 3 to improve the flow of rain runoff on its town hall site, a project members discussed a year ago.
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INDOT funds a part of Burdette Park Trails' connection to USI
The Indiana Department of Transportation awarded Vanderburgh County $780,893 to construct another section of the Burdette Park Pedestrian, Bicycle and Nature Trail.
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Chinese eggs found tainted with excessive melamine
Excessive levels of melamine have been found in some eggs in China. The government reports the problem may have come from feed given to the chickens that laid the eggs.
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Bona Vista: a place to grow
Bona Vista Programs started out as a preschool for children with special needs in a former church parsonage in downtown Kokomo.
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Controversial 'Bodies' exhibition opens Downtown
Setting aside any squeamishness, Emily Blackburn stared at the network of blood vessels, her eyes wide open.
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Emergency Sirens in Short Supply Around Summer Hot Spot
It's a sound we take for granted in Vanderbugh County when severe weather rolls through; the blaring sound of emergency sirens.
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Frederick E. Libbert -Friday, July 25, 2008
Frederick E. Libbert, 94, died Saturday, July 19, 2008 in Mt. Dora. Frederick was a former Newburgh and Dale, Ind.
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Emergency Sirens in Short Supply Around Summer Hot Spot
It's a sound we take for granted in Vanderbugh County when severe weather rolls through; the blaring sound of emergency sirens.
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Read the whole story
Urge representatives to remain true to American principles To varying degrees throughout its history, this nation has viewed itself as practicing the most honorable of governmental forms.
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Dale in a Stu
Feisty Bianca Gascoigne has told how she is using her Gladiator spirit to give strength to troubled dad Paul.
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Winford Ale Buck, 71
MUNCIE - Winford Ale Buck, Buck at B-K Machine, 71, of Muncie, IN, went to Heaven Monday morning June 23, 2008, at his residence.
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More parking to be added to downtown traffic loop
MUNCIE -- More parking will be put on the downtown traffic loop that was built in 1975 to move traffic around downtown Muncie.
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A helping hand
When an earthquake measuring 7.9 on the Richter scale hit the province of Sichuan in China, the disaster was close to Joyce Eckelbarger's heart.
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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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"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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