New Carlisle, 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
| New Carlisle, Indiana News |
Local group helps Toys for Tots with medieval tournament
Volunteers in New Carlisle were collecting toys for kids in a creative way Saturday.
|
Poverty Here at Home: Part 1
Tonight, we begin an honest conversation about poverty. You may not think it affects you, but it does.
|
New Carlisle marshal charged with leaving the scene
A misdemeanor charge of leaving the scene of a property damage accident has been filed against Larry Brown, the New Carlisle town marshal, who is suspended without pay.
|
South Bend Democrats celebrate win in community
"Yes we did!" was the resounding cry at the West Side Democratic Club in South Bend as Barack Obama was elected as the 44th president of the United States.
|
911 mistake delays robbery response
More questions are being raised about a bank robbery last Friday in New Carlisle.
|
Arson suspected in weekend Hudson Lake fire
HUDSON LAKE a ' A Molotov cocktail might have been tossed against a house, setting it ablaze in Hudson Lake.
|
911 Mix-Up Gives Bank Robber Time To Flee
A misdirected 911 call may have allowed a northern Indiana bank robber time to flee, even though the police station was next door.
|
New Carlisle Bank Robbery Shocks Town
New Carlisle Police are looking for a suspect after a bank robbery. It happened just after 9 a.m. Friday morning at the Wells Fargo Bank on Michigan Street.
|
Police search for New Carlisle bank robber
NEW CARLISLE a ' Police are searching for a man who robbed the Wells Fargo bank at 118 E. Michigan St.
|
Plymoutha s Cook, CMAa s Arroyo put each other through paces
CMAa s Alejandro Arroyo, front, leads Plymoutha s Calvin Cook, back, at the Culver Academies Cross Country Regional last week.
|
Curious Kids' offers inside look at power
Climb through the turbine, slide down the electrical cord and pull the switch. The newest exhibit, 'How to Make Electricity,' at Curious Kids' Museum in St.
|
78 laid off from Scott Brass, some hoping they'll get jobs back
As we first told you last week, Mishawaka's Scott Brass is laying off 78 employees and might be closing its doors for good.
|
Fall decor gets squirrely
They seem to be everywhere. If you have even one tree, you probably have a squirrel.
|
Nights of fright promise seasonal chills
By KAREN RALLO Tribune Staff Writer The annual Halloween events roundup has a trick or treat for everyone - there's the dark and haunted woods for the curiously adventurous or pumpkin picking for the wee ones ...
|
Outings
Learn about leaf identification at Rum Village They come in green, yellow, orange, red and sometimes brown.
|
More rain, flooding to follow Saturday's record rainfall
Heavy rainfall totaling more than 5 inches in some locations forced the complete closure of Interstate 94 between Chesterton and Michigan City due to standing water on the road on Saturday.
|
An evening of activities planned at Bendix Woods
Take a hayride to the Prairie Maze, where folks can wander in the cool of the night, under a star-studded sky.
|
Steelworkers authorize strike against Mittal if agreement not reached Sunday
Some 1,400 members of United Steelworkers Local 6787 voted unanimously on Wednesday to authorize International President Leo Gerard to call a strike against ArcelorMittal if a new contract has not been reached ...
|
Union: I/N Tek strike possible
Workers at the I/N Tek and I/N Kote in New Carlisle have been preparing for a possible strike for more than a year, union members said at the United Steelworkers Local 9231 hall Thursday, making a long strike ...
|
State businesses bypassing health care incentives
Only two Indiana companies have taken advantage of new state tax credits designed to coax more businesses into offering health insurance to their employees.
|
|
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.
|
|