Darlington, 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
| Darlington, Indiana News |
Car chase ends in arrest
A car chase through Tippecanoe and Montgomery Counties ends with one man in custody.
|
Judge rejects two separate plea agreements
Plea agreements negotiated for the suspects alleged to be involved in two separate high-profile robbery cases in Clay County were rejected.
|
Elaine Marie Phillips
Elaine Marie Phillips, 60, Crawfordsville, passed away Oct. 22, 2008, at 4:30 a.m., at St.
|
Plainfield man held in bank robberies
A Plainfield man, who was already held in jail in connection with the robbery of a bank in Clay County, has been charged with the robbery of a Montgomery County bank.
|
Farmers market became instant hit
Though subdivisions have gone gangbusters in Westfield, it's still easy to get food fresh from a local farm.
|
Heavy rains hit area hard
Depending on where you live in Montgomery County, you received as much as three inches of rain Tuesday morning, according to Brad Herold of the National Weather Service in Indianapolis.
|
Fire victim identified
The Montgomery County Sheriff's Department identified the victim of Sunday evening's fire at 4836 Chosin Few Lane, just southwest of Darlington, as William Engels, 41, who lived at the residence.
|
Fire victim identified
The Montgomery County Sheriff's Department identified the victim of Sunday evening's fire at 4836 Chosin Few Lane, just southwest of Darlington, as William Engels, 41, who lived at the residence.
|
Fire victim identified
The Montgomery County Sheriff's Department identified the victim of Sunday evening's fire at 4836 Chosin Few Lane, just southwest of Darlington, as William Engels, 41, who lived at the residence.
|
Elizabeth Zentko Garrison Simmons
Elizabeth Zentko Garrison Simmons, 90, Clinton, dies Monday, June 2, at 11:45 p.m., in Cloverleaf Healthcare Facility, Knightsville.
|
Alley Cats purr in rain
"He told him to get his butt back here" Part of the daily routine when making rounds is to visit the Alley Cats compound at the mouth of Gasoline Alley and talk about anything and everything with the most diehard Indy 500 fans in existence. via Indianapolis Star
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|