Dugger, 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
| Dugger, Indiana News |
Only feet from a flower shop, Philpot formulates its future
The Beatles made themselves legends at Abbey Road, Radiohead called a 15th Century mansion a recording studio in the a 90s and for the past eight years, rock band ...
|
Events coming up for Sullivan Toys for Tots
The U.S. Marine Corps Toys For Tots program of Sullivan County welcomes assistance with a couple of upcoming events and toy donations at dropoff locations throughout the county.
|
New Coal Mine, Rail Line In Greene County?
Another potential economic development could be coming to South Central Indiana.
|
Magistrate rejects home detention deal for mother
A Sullivan County magistrate has rejected a plea agreement in which a woman accused of causing the suffocation death of her infant son would have pleaded guilty to reckless homicide and avoided jail.
|
Valley residents offer opinions on lowering legal drinking age
Another debate taking hold across the nation has nothing to do with the upcoming presidential elections.
|
Weddings: Aug. 17, 2008
Tracy Rea of Sullivan and Roger Fischer of Terre Haute were united in marriage on Saturday, July 12, 2008, in Pigeon Forge, Tenn.
|
Dividing the judicial districts: Court officers oppose proposed changes
Editor's note: This is the first article in a multi-part series on possible modifications to the boundaries of Tennessee's judicial districts.
|
BART bigwig blasts Muni's big dig
The Powell Street station is in jeopardy of being damaged because of lax planning by engineers working on the Central Subway project, according to a BART board member.
|
BART bigwig blasts Muni's big dig
The Powell Street station is in jeopardy of being damaged because of lax planning by engineers working on the Central Subway project, according to a BART board member.
|
BART bigwig blasts Muni's big dig
The Powell Street station is in jeopardy of being damaged because of lax planning by engineers working on the Central Subway project, according to a BART board member.
|
BART bigwig blasts Muni's big dig
The Powell Street station is in jeopardy of being damaged because of lax planning by engineers working on the Central Subway project, according to a BART board member.
|
Springfield strip club could open without liquor
The months-long controversy surrounding Shakers Bar and Grill has a new twist. Owner Jack Dugger says he's going to open his club -- even if patrons can't drink.
|
Springfield strip club could open without liquor
The months-long controversy surrounding Shakers Bar and Grill has a new twist. Owner Jack Dugger says he's going to open his club -- even if patrons can't drink.
|
Philpot to perform benefit concert for flood relief
With a new, historic single due out on iTunes later this month, Dugger-based rock band Philpot will perform a benefit concert for flood relief on July 5 at the Plumbers & Steamfitters Hall in Vigo County.
|
Minor adjustment: Chiropractor strives to live up to legacy
"Insurance can really create some problems" Derek Woolsey, new owner of Dugger Chiropractic in Jerseyville, was still in high school when he started the path to his new career. via Alton Telegraph
|
|
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.
|
|