Deputy, 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
| Deputy, Indiana News |
Howard County Traffic Stop Leads to Drug Arrest
Monday at approximately 12:05 a.m., Indiana State Police Trooper Josh Rozzi initiated a traffic stop on a 2001 Pontiac on Boulevard Street west of U.S. 31 for failure to signal a turn.
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Breckenridge hit-and-run victim identified
A hit-and-run victim found near Breckenridge and Sudbury lanes Monday night has been identified as David M. Watson, 28, of the 3100 block of Breckenridge Lane.
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Shooting Victim Identified
Authorities Thursday identified a man who was found fatally shot last night at 22nd Street and Greenwood Avenue near Victory Park.
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Busting Breathalyzer Myths
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Fire damages 100-year-old Chesterton home
A 100-year-old home sustained significant damage during a fire Sunday afternoon.
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Sheriffa s deputies shoot dog
Just before 8:30 this morning Jefferson County Sheriff's Deputies responded to the 1500 Block of 5th Pl.
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Scouting for Food Drvie
Girl Scouts Troop 643 is joining together with the Boy Scouts of America to the annual Scouting for Food Drive.
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Wednesday fatal fire victim identified
Authorities have positively identified a 22-year-old woman killed Wednesday morning in a fire in the Pratt Highlands community.
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Student-directed plays fill Oakland City U. stage
Where: Student Life Center , Oakland City University, 138 N. Lucretia St., Oakland City, Ind.
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Our View: Community help during the holidays
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Prosecutora s office prepares for Heada s departure
With the news last week that Deputy Prosecutor Randy Head was victorious in Tuesday's election for senate, the Cass County prosecutor's office is making preparations to keep up with its caseload with one less ...
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Ms. Chief Deputy Maddox
Nicholson and his Chief of Staff, Mr. Ronnie Harris. Nicole starts Monday working from her new office in the Louis D. Brandeis Hall of Justice.
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, Greensburg, IN
Robert L. Friend, 58, was taken into the custody of the Decatur County Sheriff's Department, Wednesday, at the close of the hearing to revoke his probation, but the road to his incarceration began seven months ...
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Jefferson deputy fired for drinking
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Man Charged With Trying to Hit Deputy With Pickup
A Jefferson County man charged with attempting to kill or seriously injure a Franklin County deputy last week remains at-large, authorities said.
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Economic woes hindering home repairs
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Enjoying the weather
Jessica Manion and Mark Fitzpatrick were two of many area residents who favored outdoor activities Wednesday afternoon.
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Jefferson County Sheriff's Deputy No Billed
KFDM News has learned a grand jury took no action against a Jefferson County Sheriff's Deputy who struck and killed a man.
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Remains Identified As Missing Ky. Woman
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Area youth learn about homelessness through Hope in Christ Ministries
By VANESSA WELCH vanessa.welch@register-news.com MT. VERNON - Sometimes it is hard to imagine what a situation would be like until experiencing it firsthand.
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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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