Edwardsport, 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
| Edwardsport, Indiana News |
Plans for downstate energy plant scrapped
A coal gasification plant promoted as a key part of Indiana's strategy to promote renewable energy will not be built.
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Indiana coal-to-gas project bucks industry trend
In the heart of southwestern Indiana's coal country, Duke Energy Corp. crews are building what the company's CEO calls the power plant of the future -- a $2.35 billion complex where coal will be turned into a ...
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Coal plant opponents seek Daniels e-mail records
Opponents of Duke Energy's $2 billion coal gasification plant want Gov. Mitch Daniels to turn over all communications from his office to state regulators and to Duke.
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Coal gasification plant upheld
EDWARDSPORT The Indiana Court of Appeals upheld regulators' approval of Duke Energy's proposed $2.35 billion coal gasification power plant Thursday, handing a defeat to environmental groups that had opposed the ...
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Villwock - Bowman Engagement
Betsy Villwock of Indianapolis and Luke Bowman of Greens Fork announce their engagement and approaching marriage.
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Duke Energy winsround on coal plant
Duke Energy has prevailed in the latest round of an appeal brought by four environmental groups that sought to block construction of the $2.35 billion coal-gasification power plant in Edwardsport, Ind.
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Daniels, Long Thompson Talk Energy Policy Proposals
Energy policy hasn't been a hot topic on Indiana political races, until gas prices hit $4.00 a gallon.
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New Coal Gasification Plant Construction Underway
Construction is underway on a power plant in Edwardsport that will turn coal to natural gas.
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A chance to clear dust: Union training program workers donating labor, getting on-the-job experience
Heavy equipment operators with the International Union of Operating Engineers local 841 are making dust and getting valuable training at Terre Haute's new Emergency Responder Training Academy on North Brown ...
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IDEM, gov's office involved with other permit requests
BP Whiting's air permit wasn't the first time Gov. Mitch Daniels' office, the Indiana Department of Environmental Management and a major corporation collaborated on a public hearing.
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Transcript: Duke Energy chat
If you have suggestions or comments about the HTO live discussions, please direct them to webstaff@heraldtimesonline.com >> Return to HTO live discussion page Steve Bahr & Angeline Protogere, Duke Energy ...
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Communities in Knox County say they need to see more police
Some small towns in southern Indiana say they need more police protection. Small communities in Knox County say they are facing more crime, but seeing fewer cops.
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Dems touting green job creation
Forget white or blue collar, when it comes to jobs, Democratic gubernatorial candidate Jill Long Thompson and running mate Dennie Oxley want to create green-collar jobs.
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Duke, Daniels mark start of work on coal-gas plant
Months after a coal-gasification plant obtained a crucial air permit, Duke Energy Corp.'s CEO likened the $2.35 billion plant to an ''Apollo project for energy'' Monday during a ceremony marking its unofficial ...
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Power plant construction
The old power plant in Edwardsport was one of the first in Indiana to use coal to generate electricity.
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Duke, Daniels mark start of work on coal-gas plant
Months after a coal-gasification plant obtained a crucial air permit, Duke Energy Corp.'s CEO likened the $2.35 billion plant to an ''Apollo project for energy'' Monday during a ceremony marking its unofficial ...
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Flood Buyouts
The White River is up again and leaking across a field on the northeast side of Edwardsport.
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Tristate Regional News, Tuesday 6/17
Indianapolis Summary: Governor Tours Flood Damage In Southwest -- Yesterday, Governor Mitch Daniels got a first hand look at flood damage in Southwest Indiana.
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Hospital offering free shots to flood victims
A Vincennes, Ind. hospital is offering free tetanus shots to victims of floodwaters that struck parts of Indiana and Illinois.
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2008 Flooding A Replay Of 1913?
Indiana's flooding is shattering state records. In columbus, Edwardsport and Newberry, the White and Wabash rivers crested a foot higher than in the great flood of 1913.
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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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