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Divorce Buyouts
Debt Consolidation
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Derby, 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
| Derby, Indiana News |
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New products shore up port as business softens TELL CITY - A company's desire to buy up front the steel Tell City Boat Works will use to build it a barge and the quick offloading of a new product could bring ...
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UPDATE to information in today's print edition: ROCKPORT - According to the Spencer County Coroner's Office, the autopsy on a body that was located on CR 250N was completed this morning in Louisville, Ky.
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We are responsible for results of our wars Did we kill 90 civilians in Afghanistan, 60 of them children, or only five? Work zone snares bad drivers I gave the semi driver my worst dirty look and snapped his ...
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Leopold man hurt in IN 66 accident
Leopold man hurt in IN 66 accident By VINCE LUECKE Editor DERBY - A Leopold man was injured Tuesday morning when the pickup truck he was driving collided with a tractor on Indiana 66 near Derby.
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Musik Halle bustling with Schweizer entertainment
Musik Halle bustling with Schweizer entertainment TELL CITY - Schweizer Fest's Musik Halle in City Hall Park will again be filled with a wide variety of entertainment this year, and much of it will be featured ...
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Partners in Pride
Sesquicentennial program changes TELL CITY - A small number of changes have been made to the Tell City Sesquicentennial schedule since programs were printed.
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Partners in Pride
Sesquicentennial program changes TELL CITY - A small number of changes have been made to the Tell City Sesquicentennial schedule since programs were printed.
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Partners in Pride
Sesquicentennial program changes TELL CITY - A small number of changes have been made to the Tell City Sesquicentennial schedule since programs were printed.
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Partners in Pride
Sesquicentennial program changes TELL CITY - A small number of changes have been made to the Tell City Sesquicentennial schedule since programs were printed.
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Partners in Pride
Sesquicentennial program changes TELL CITY - A small number of changes have been made to the Tell City Sesquicentennial schedule since programs were printed.
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Partners in Pride
Sesquicentennial program changes TELL CITY - A small number of changes have been made to the Tell City Sesquicentennial schedule since programs were printed.
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Partners in Pride
Sesquicentennial program changes TELL CITY - A small number of changes have been made to the Tell City Sesquicentennial schedule since programs were printed.
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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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Mechanical bull back in action
Images from four recent events go online The photo slide shows that debuted here with high-school graduation images have been coralled into their own section of our Web site.
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Fireworks Courtesy of Mother Nature
Relay For Life images added June 11 The photo slide shows that debuted here with high-school graduation images have been coralled into their own section of our Web site.
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A look at this year's county fairs
By LAURA SIMMONS / Courier Press staff writer 464-7510 or simmonsl@courierpress.com Thursday, June 19, 2008 JESSE OSBOURNE / Courier & Press archives Youngsters ride the Hurricane on the midway at the 2007 ...
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Speaker: Small school gives every face a name
More Headlines the Perry County News. To read this or any of our other special sections, simply click on the words "Special Sections" near the top of this page, then use the scroll button near the left side of ...
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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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