Floyds Knobs, 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
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What's happening in Southern Indiana
Clark County Extension Homemakers holiday bazaar. Clark County 4-H Fairgrounds, 9608 Ind.
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NA man charged with child molesting in Floyds Knobs
A New Albany man was arrested last weekend on charges of child molesting after allegedly showing a 10-year-old girl pornographic movies and then having sexual intercourse with her.
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Shoe-box packing party set for group
First Southern Baptist Church, 4631 Lakeview Drive in Floyds Knobs, will have its annual shoe-box packing party for Operation Christmas Child at 5 p.m. Sunday.
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Flu shots being given at Jay-C Food Store
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Flu shots offered tomorrow in Floyd County
The Floyd County Health Department will give adult flu shots tomorrow from 1 to 3:30 p.m. at the Jay-C Food Store, 815 Highlander Point Drive in Floyds Knobs.
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Upscale restaurants feel economy's bite
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Building independence in Southern Indiana
For years, Sherion Barrett has been watching the time pass through her bay window.
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Porter Competition and Craft Raffle on the agenda for the Nov. 8 FOSSILS meeting.
The year 2008 marks the 18th anniversary of the Fermenters of Special Southern Indiana Libations Society homebrewing and beer appreciation club.
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Greenville farm specializes in goat cheese
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Retirement home offers Advance Directive class
Mercy Providence Retirement Home, 4915 Charlestown Road, New Albany, will have a seminar on Advance Directives from 3 to 5 p.m. today.
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LETTERS: October 31, 2008
Reader: Thank you FC Road Department I want to publicly commend the Floyd County Road Department for its recent efforts to quickly and professionally remove all the debris left by the recent storm.
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Beef 'O' Brady's opens at Town Center in Jeffersonville
The local sports memorabilia is on the walls, the televisions are tuned to ESPN and the doors are open and waiting for a hungry public.
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Floyds Knobs churchplans 'Trunk or Treat'
First Southern Baptist Church, 4631 Lakeview Drive in Floyds Knobs, will hold a community-wide 'Trunk or Treat' event from 6 to 8:30 p.m. tomorrow.
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What's happening in Southern Indiana
City of Jeffersonville Trick or Treat. 6-9 p.m. tomorrow. The city is endorsing trick-or-treating tomorrow due to the potential conflict with local football teams playing in the Indiana High School Athletic ...
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Just what they wanted
Jeff and Lea Ann Stiller have always lived in Southern Indiana, and they love the charm and quiet of Floyds Knobs, so with the help of Liz Wilson of Liz Wilson Designs and faux painters Denise Taylor and Lauren ...
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Out of the ashes
Koetter Construction employees Nick Moses, right, and Dennis Clunie work on a fire wall that will run the length of the new facility for Norstam Veneers in Mauckport.
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Corydon welcomes cars, crowd
Georgetown's Buster Richmer admired a 1926 Ford Model T yesterday, telling wife Debbie Richmer interesting tidbits of the antique car's history and how it could be hand-cranked to start.
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Home is where the art is
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LETTERS: October 18, 2008
Don't drink and drive I am writing this letter to voice my opinion on a growing epidemic in this country.
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First Look: Area Deaths - October 14, 2008
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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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