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Metamora, 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.

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Metamora, Indiana News
Tourism group gets grant

METAMORA, Ind. -- The Whitewater Canal Scenic Byway Steering Committee is closer to its goal of having a regional tourist attraction.

Whitewater Valley park gains funding

The future Whitewater Valley Regional Interpretive Park in Metamora will serve as a gateway to the area.

What's Happening

'Freedom: A History of US' traveling exhibit--On display through Nov. 23, this exhibit is based on a PBS special about the principle of freedom.

More Halloween-Related Events and Fall Festivals

Trick-or-Treat--Safe trick-or-treating in Metamora. 5-7 p.m. Oct. 25 Historic Metamora, IN Trunk & Treat--Treats out of the trunks of vehicles for Halloween 5:30-6:30 p.m. Oct.

Dozen events will thrill and chill

For at least 75 years, the Prell-Bland American Legion Post 271 Halloween Parade has "really been a big tradition" with the local veterans' group and kids alike, reports organizer Buck Hoegeman, who has helped ...

A weekend of festivals welcome autumn

Old Richmond will be crackling with fall activity this weekend as the Fourth Street Fair and the Seton High School Parent Teacher Guild Oktoberfest fill the neighborhood.

Canal Days at Metamora include special train rides

Canal Days will be Friday, Saturday and Sunday in Metamora. In association with Canal Days, the Whitewater Valley Railroad will operate special trains to Metamora.

Whitewater Walk will fill week with outdoor activities

The third annual Whitewater Walk will start in Wayne County on Sunday. The walk, which continues through Sept.

Beneker eases into SDMS role

Lisa Beneker has been named the Sunman-Dearborn Middle School assistant principal.

Metamora council stable

With just three citizens in attendance in addition to the Commissioners Council on Historic Metamora, four nominees were elected to the council for the four open positions by acclamation July 24.

Batesville Herald Tribune, Batesville, Indiana

Bouncing off ideas: Local attendees included Sunman clerk-treasurer Kris Schneider and Batesville real estate agent Jim Dreyer and Batesville Mayor Rick Fledderman .


Blanton, Billie, of Centerville, Ind., died July 11. Service will be at 10 a.m. today at Doan & Mills Funeral Home, Richmond.

Fathers Day train

Enjoy a relaxing train ride through the scenic Whitewater Valley on your way to the historic town of Metamora.

Annual Red Hat Day to be held June 14

METAMORA, Ind. -- Metamora, Ind. will be brimming with red and purple during the second annual Red Hat Day beginning at 10 a.m. June 14 at the town's Gazebo.

Alvin S. Ison

CONNERSVILLE, Ind. -- Former Connersville resident Alvin Steve Ison, 67, died Monday, May 5, 2008, in Camden, Ohio. via Palladium-Item

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