Eaton, 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
| Eaton, Indiana News |
Indiana food draws overflow crowd
MUNCIE -- The organizers of the Real Food, Real Indiana Expo at Minnetrista were expecting a crowd of 300 on Saturday.
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Star Performers named
Kudos to everyone on the Delaware County Coordinating Council to Prevent Alcohol and Other Drug Abuse, and especially to those on the Red Ribbon Planning Committee.
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About 3,200 soldiers with the Indiana National Guard will be returning home after service in Iraq.
EATON -- The expected return of Sgt. Holli Mae Coulter-Kuhn from Iraq this week will end eight months of worrying by her mom, Sharolyn Coulter.
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Election Day closings
General Election Day will be Tuesday, Nov. 4. All federal offices will be open. All state offices will be closed.
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Whatzit
Do you know what the item pictured above is? CLUES Size: Metal part is 4 inches long.
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Deputies investigate shooting incident
The Barren County Sheriff's Office is investigating a shooting involving a man who was admitted to Caverna Hospital last Wednesday.
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More Halloween-Related Events and Fall Festivals
Trick-or-Treat--Safe trick-or-treating in Metamora. 5-7 p.m. Oct. 25 Historic Metamora, IN Trunk & Treat--Treats out of the trunks of vehicles for Halloween 5:30-6:30 p.m. Oct.
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Producer of pork pleads guilty to violating environmental laws
MUNCIE -- A former Delaware County pork producer pleaded guilty this week to a Class D felony charge of violating environmental laws.
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When Walmart is too expensive ...
With sons Dennis and Keaton in tow, Dejai Trosper scoured the shelves of the Aldi grocery store on McGalliard Road on a recent Saturday.
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Tuesday's Delaware County arrest log
Law enforcement agencies in Muncie and Delaware County jailed 5 people Tuesday and early this morning.
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Storer 60th
An Open House will be October 19th at Westminster Club House, 5600 Westminster, from 2 4. The Storers were married October, 16, 1948 in Dunkirk, Indiana.
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Robert Gene Conner
HARTFORD CITY - Robert Gene Conner, Sr. 'Bob', 67, died at 8:50 a.m. Friday, October 10, 2008 at his residence.
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Dunnuck, Wilson race heating up
MUNCIE -- Democrat Don Dunnuck hopes to frame the race for the Delaware County commissioner seat in District 1 around economic development whereas his Republican opponent, Bob Wilson, is looking to debate ...
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Tuesday's Delaware County arrest log
Law enforcement agencies in Muncie and Delaware County jailed 12 people Tuesday.
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Monday's Delaware County arrest log
Law enforcement agencies in Muncie and Delaware County jailed 12 people Monday. Except for warrant arrests, the following charges are informal and subject to change until the Delaware County prosecutor's office ...
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It's time for your flu shot
The good news is, the holidays are on the way. The bad news is, so is flu season.
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Armed bandit robs Eaton convenience store
EATON - An armed man whose face was covered robbed the Sunoco gas station/convenience store, 504 E. Indiana Ave., at 6:54 a.m. on Thursday.
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Eaton man charged in attack on girlfriend after doing 'donuts'
An Eaton man is accused of endangering his young daughter and attacking her mother.
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Eaton man charged with stalking, sexual misconduct with a minor
GASTON -- An Eaton man reportedly obsessed with a 15-year-old girl was arrested this week on preliminary charges of stalking and sexual misconduct with a minor.
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Police: Eaton man threw phone that hit young daughter
MUNCIE -- An Eaton man has been accused of throwing a telephone that struck his five-year-old daughter.
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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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