Marengo, 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
| Marengo, Indiana News |
Semi Wreck Sends Hardinsburg Woman To Louisville Hospital
A semi accident near Paoli sent a Hardinsburg woman to the University of Louisville hospital Friday morning.
|
Color show: State forests, lakes, cabins offer access to changing leaves
After riding the rails in Southern Indiana for 46 years, Alan Barnett says there's no place he'd rather be when the leaves change color.
|
Storm update
UPDATE, Wednesday, Sept. 17, 3:30 p.m. - Harrison County EMA Director Greg Reas is still asking county residents to call in their residential damage to Harrison County dispatch at 738-2195, then hit option 1 ...
|
Ramsey Water lifts conservation request
UPDATE: Wednesday, Sept. 17, at 2 p.m. - Ramsey Water Co. lifts its conservation request.
|
Crawford County, IN serving food for those in need
Crawford Co., IN Emergency Management is serving food at the following locations: Marengo Weselyn Church English Firehouse -- David Cox Patoka Elementary School Leavenworth Senior Citizens Center -- sandwiches ...
|
Marengo Cave to celebrate 125th year
One of Southern Indiana's most popular tourist attractions - Marengo Cave - was discovered 125 years ago.
|
Indiana's Marengo Cave marks milestone anniversary celebration
The population of little Marengo, Ind., is expected to quadruple Saturday as thousands of visitors help celebrate the 125th anniversary of the discovery of Marengo Cave.
|
Coupons save on hotel rooms
Travelers can save up to 75 percent off standard room rates at thousands of hotels by clipping coupons in free magazines or from Web sites, according to Travel Media Group, which publishes print and online ...
|
Visit the Caves of Southern Indiana
Visit the Caves of Southern Indiana Southern Indiana has its own share of caves with underground rivers, cavernous rooms filled with stalactites and stalagmites, and guided tours.
|
Marion L. Drumm
Marion L. Drumm, 79, of Marengo, Ind., whose sisters Betty Wall and Nancy Funkhouser live in Richmond, died Sunday, July 6, 2008.
|
Teacher 'emerging' philanthropist
Maria Standiford's life away from her Crawford County home is almost always filled with teenagers.
|
Prices at the pump have little impact on Crusade
With escalating gas prices and higher prices for other things, such as some food items, many firefighters were expecting their collections for the 55th annual WHAS Crusade for Children to be down this year.
|
5.2 quake rattles buildings, nerves across 11 states
"I thought, 'Man, this is weird.' I've never went through anything like that. That was like a once-in-a-lifetime experience." Windows shook, pictures bounced, dishes rattled, beds jumped and nerves were frazzled as an early morning earthquake measuring 5.2 on the Richter scale hit the central United States as Mother Nature gave a ... via The Corydon Democrat
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
|
|