Decatur, 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
| Decatur, Indiana News |
Simulation...
The computerized simulator, housed in a trailer and valued at more than $300,000, tests the
|
Arts update
The Allen County Public Library, 900 Library Plaza, will feature "Art Out of the Box: Recycled Art" at 2 p.m. today in Children's Services.
|
Cabin restoration goes to rooof
Employees of Marc Ripley Construction of Decatur began last week to remove three layers of existing shingles on the Boy Scout Cabin in Hanna-Nuttman Park.
|
Cheers & Jeers
CHEERS to H.O.P.E for Animals Inc. for its first Pet Spook-tacular at Lakeside Park Oct.
|
The Vietnam no-win
When a store owner in Decatur, Ind., displayed the American flag upside down as a sign of distress shortly after the Nov.
|
Indiana man ends upside-down flag Obama protest
DECATUR, Ind. - A tire store owner has removed the American flag he flew upside down in protest of Barack Obama's election as president after complaints from his employees.
|
Early voting line...
With voting to close at noon Monday, voting was heavy, with 205 people casting ballots.
|
Area briefs -- Nov. 1, 2008
The Madison Township Advisory Board's budget meeting will be at 9 a.m. Wednesday at the Landersdale Road station, 7047 E. Landersdale Road, in Camby.
|
Another parade...
All manner of odd and nasty looking characters turned out in Berne, and even the Flintstones showed up.
|
Ex-city man gets 6 years
A former Decatur resident, Eric M. Zinsmaster, 31, was sentenced on Wednesday in Common Pleas Court at Van Wert, Ohio, to six years in prison for robbery.
|
Weather limits parade crowd
The crowd was down somewhat from normal, but was still a big one as hundreds of city and area residents bundled up and turned out Monday night for Decatur's annual Callithumpian Parade, the oldest in the state ...
|
Parade on tap tonight
The weather should be chilly with a temperature in the upper 30s as the highlight event of Decatur's annual Callithumpian Festival, the annual parade, begins rolling toward downtown at 6:57 tonight.
|
Poster people
The students came from Adams Central, Monmouth, Northwest, Southeast, St. Joseph, St.
|
Plenty of fright to go around
Horror movie fans might want to meet Indiana's legendary horror movie host Sammy Terry at the Richmond Art Museum on Friday night before they see two classics.
|
Meet and greet...
Long Thompson said new leadership is required in the governor's office to break the state's downward economic spiral.
|
Meet the candidates forum held
Written by Reporter1 Friday, 17 October 2008 By J SWYGART Matt Dyer, past president of the Decatur Rotary Club and host of the civic organization's "meet the candidates" forum, drew a fitting parallel between ...
|
Good sign!...
Prices for crude oil have fallen about 45 percent since shooting to a record $147.27 on July 11.
|
Fleetwood won't recall displaced workers
Standing and holding purple ribbons that are the symbol of the campaign against domestic violence are Angie Gunsett, crisis center executive director; Sarah Haggard, crisis center board member; Chelli Gamble, ...
|
Formula recognizes CSI achievements
Decatur, IN a ' Formula recently recognized 21 dealerships at its annual dealer meeting at the Sanibel Harbor Resort & Spa for their 2008 model year customer satisfaction achievements.
|
Honored by state...
Rokita was in Decatur this week to honor Ripley and Tutwiler, two longtime poll workers here.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"...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.
|
|