|
|
Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
|
|
|
Logansport, 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
| Logansport, Indiana News |
Juvenile recaptured after escape
A 15-year-old briefly escaped police custody Wednesday morning as he was being taken to the Logansport Juvenile Facility.
|
Newly elected legislators sworn in
The 100 representatives and 25 senators elected Nov. 4 were sworn in Tuesday during the legislative organization day held at the Statehouse in Indianapolis.
|
Logan man wins $88,888 from lottery
Harry Trueblood of Logansport plays the Hoosier Lottery for sport. He says he likes to play almost every day because he wins.
|
Logan resident charged with identity theft
Agents from Immigration and Customs Enforcement were in Logansport over the weekend to arrest a Logansport resident on a chage of identity theft.
|
Two Logansport teens injured in car accident
Two Logansport teenagers were injured as a result of a two-vehicle accident Saturday afternoon in Lafayette.
|
Building a new career
For Troy Oberlander, becoming a barber was not something he had planned. A former construction worker, Oberlander said he was looking for a less dangerous job.
|
Store employee accused of theft
A Sears employee was arrested Thursday night on charges that she faked merchandise returns and pocketed the money.
|
Police: Neighbors didn't call about captive teen
LOGANSPORT, Ind. -- Residents near an apartment where two men allegedly subjected a 16-year-old girl to months of sexual abuse, forced labor and beatings never contacted police to report anything unusual about ...
|
Alleged drunk driver nearly hits squad car
A Logansport police officer responding to a crash scene was nearly hit head-on by the driver who reportedly tried to flee.
|
Two charged with burglary, theft
Logansport police and a Cass County detective combined efforts to make arrests for burglary, theft and dealing marijuana.
|
Three arrested in Rural King parking lot
Logansport police responding to a theft report at Rural King wound up arresting three women on meth-related charges.
|
Missing 82-year-old Warsaw man found safe
WARSAW a ' An elderly Warsaw man with Alzheimer's disease who went missing has been located in Terre Haute, police say.
|
Suspects face charges of enslaving girl
Two men are set to appear in Hammond federal court today after allegedly forcing a girl into a six-month, cross-country nightmare of sexual slavery, forced labor and beatings.
|
Fire destroys Logansport residence
A three-story house on Logansport's westside was destroyed by fire early Sunday.
|
New initiative feeding needy children
When elementary school principals Elizabeth Loposser and Chris Hess first suggested their schools should provide low-income families with additional food, they had no idea it would take off like it has.
|
City accepts building from doctors
The city council decided to accept the gift offered by two local doctors of a building to be used in the Huston Park project.
|
Teenager enters plea in stabbing
Most youths involved in last week's fight released to custody of parents All but one of the juveniles involved in a fight that ended with a boy getting stabbed appeared in court on Monday.
|
Hopefuls anticipate challenges
After 20 years of the same representation, the people of Senate District 18 have developed certain expectations.
|
Fire consumes house
The outside walls, with melted siding hanging down and burnt pink insulation showing through, were all that remained of a house next to the Wabash River.
|
New Now: Stabbing sends one to hospital
A fight that broke out near a city park this afternoon resulted in one person being sent to the hospital with a stab wound.
|
|
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.
|
|
|
|
|
|
© 2006 Somerset Investors Corp. All rights reserved. |