Dublin, 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
| Dublin, Indiana News |
Robert L. Atkinson
DUBLIN, Ind. -- Robert Lee 'Joe' Atkinson, 70, passed away Monday morning, Oct. 27, 2008, at his home in Dublin.
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What's Happening
'Freedom: A History of US' traveling exhibit--On display through Nov. 23, this exhibit is based on a PBS special about the principle of freedom.
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Retirement facilities will hold open house
WAYNE COUNTY -- Five area retirement facilities will be holding open houses on Sunday, Oct.
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Accident sends 1-year-old to hospital
CAMBRIDGE CITY, Ind. -- A single-vehicle accident north of here Thursday afternoon sent a 1-year-old to Methodist Hospital in Indianapolis with a head injury.
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Patient appreciates care he received at Reid Hospital
I want to thank everyone that took care of me when I was taken to Reid Hospital Sept.
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Memorial scholarship set up for crash victim's daughters
A memorial scholarship has been established for the surviving daughters of a Cambridge City medical rescuer who was killed after the helicopter in which he was riding crashed in southeastern Indiana.
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Sidewalks must be kept clear for public safety; yard sales aren't target
As a result of a letter appearing on the editorial page, I am offering a copy of the Street and Sidewalk Ordinance to be put in the legal section of this paper.
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SERVICES
Blansett, Bettie W., of Richmond, died Aug. 21. Service will be at 10 a.m. Wednesday at Mills Funeral Home, Centerville, Ind., where visitation will be from 5-8 p.m. today.
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Longnecker Anniversary
Robert and Helen Longnecker of Cambridge City will celebrate their 50th wedding anniversary on Saturday, August 23, with an open house from 2:00pm to 5:00pm at St.
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Ordinance will affect many who sell in Historic National Road Yard Sale
The streetscape of Dublin on U.S. 40 has been exemplary! The people attending the Model T Party were certainly impressed! As chairperson of the Historic National Road Yard Sale, I attended the Dublin Town ...
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Fire department receives FEMA grant
DUBLIN, Ind. -- The Dublin Volunteer Fire Department has received a $114,570 grant from the Federal Emergency Management Agency, the U.S. Department of Homeland Security announced this week.
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Tent Crusade Comes To Canal Days
Tent Crusade Comes To Canal Days Creitz Park, August 31 to September 7 @ 7:00 P. M. Nightly The River will be conducting their first Area-Wide Tent Crusade in Creitz Park the week leading up to Canal Days.
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Resident thanks all those who helped beautify western Wayne County
I've resided in Wayne County some 40 years. In all that time, I've never seen it look cleaner, better organized or appear more prosperous than it does today.
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SERVICES
Blaes, Shaun M., of Connersville, Ind., died July 7. Service will be at 1 p.m. Friday at Marshall & Erlewein Funeral Home, Dublin, Ind., where visitation will be from 2-8 p.m. today.
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Ceremony wraps up projects in Cambridge City, Dublin, Mt. Auburn
CAMBRIDGE CITY, Ind. - Local officials today joined with the Indiana Department of Transportation and its contractor, Milestone, in cutting the ribbon on a $7.8 million Major Moves project along U.S. 40.
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Royal duties a full-time position
The bright silver crown Lindsey Moistner got last week as Wayne County's fair queen came with a full-time job.
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Fair presents activities to temt many tastes
Wayne County 4-H Fair Queen Lindsey Moistner of Dublin has three favorite foods at the fair: cheesy curly fries, tenderloins and homemade ice cream.
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Graduates take big step toward better tomorrow
Many more graduation roses to hand out, including to the 288 Richmond High School seniors who walked down the aisle last weekend and turned a fresh new page in their lives.
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Relay for Life, artist, soldier, recognized
Roses to all of those participating in this weekend's Wayne County Relay for Life, a poignant reminder commemorated here and across the country to how far a nation has come, and how far it still has to go, in ...
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O'Brien increases IN&M shareholding
Denis O'Brien has further increased his declared stake in Independent News & Media ahead of the company's annual general meeting in two weeks time.
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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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