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Mentone, 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
| Mentone, Indiana News |
Accused arsonist escapes Fulton County police
ROCHESTER a ' Authorities are looking for an Akron teen being held on burglary and arson charges who escaped from Fulton County Sheriffa TMs personnel Monday.
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Farmer found dead
The body of a Fulton County farmer was found beneath a combine on Saturday. The Fulton County Sheriff's Department received a report at 4:14 p.m. Saturday of a person trapped beneath a combine in northeast ...
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Student dies in P.E. class
The Tippecanoe Valley school community released a statement Thursday saying it is deeply saddened by the passing of one of its students.
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Something I ate: Food fresh from the farm
Last year I wrote a story about Community Supported Agriculture and how it's getting a big push in metro areas because city people want to eat local.
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Something I ate: Food fresh from the farm
Last year I wrote a story about Community Supported Agriculture and how it's getting a big push in metro areas because city people want to eat local.
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The Dirt
A tussle with a television has put me on the injured reserve list. Let's just say my back twisted one way and my body went another, so the weeds have had a reprieve.
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Driver's Attempt to Pass Another Vehicle Leads to Fatal Crash
KOSCIUSKO COUNTY, Ind. - Two men are dead, two others are hospitalized as a result of a crash near Mentone Sunday.
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Two killed, 2 critically injured in head-on crash in Kosciusko County
Two people are dead after a head-on crash in Kosciusko County Sunday afternoon. It happened near State Road 25 and County Road 1300 West near Mentone.
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One dead in 2-car collision
From left, former councilmen Bob Manuwal and Kenneth Lukenbill and Plymouth Clerk-Treasurer Toni Hutcthings stand with Caroline Suesse and front, Bob Suesse.
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Hail storm another big hit to local farmers
If your home or your car was hit with last week's hail storm you're not alone. It did thousands of dollars in damage all across the area, but we are learning the damage could be far worse for local farmers.
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Don't gamble on few weeds after vacation
I've just returned from Las Vegas, where the grass is evenly green, evenly tall and entirely synthetic.
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High prices impact Indiana egg industry, consumers
They're used to seeing pretty big eggs in Kosciusko County. After all, on Main Street in Mentone is arguably the world's largest egg, a 3,000-pound concrete oval proclaiming the region's interest as the "egg ... via WSBT
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Hedging your bets
"This gives me such a good feeling of accomplishment to have at least a few very tidy flower garden areas, plus I don't feel 'guilty' for not having them all weeded since I have a plan" I spent 11 hours humming and toiling in the garden last weekend. Big smile on my face and dirt under every fingernail. via Journal Gazette
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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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