New Salisbury, 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 Salisbury, Indiana News |
Meeting with business owners may be next step for RSD
The Harrison County Regional Sewer District last Wednesday morning discussed the possibility of having a meeting with the New Salisbury business and property owners in January.
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Man fulfills dream with publication of book
Al Rudolph of New Salisbury has wanted to write a book for nearly the last half of his life.
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RSD pitches plan to county leaders
The Harrison County Regional Sewer District presented the New Salisbury sewer system project Wednesday afternoon to representatives from the board of commissioners, the county's Chamber of Commerce and economic ...
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LETTERS: October 23, 2008
Open letter to Charlestown The recent disaster caused by Hurricane Ike did far more than create havoc and severe damage throughout the city.
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Tired of getting hosed at the pump
A favorite topic of conversation with my dad is gas prices. We compare prices probably four or five times a week.
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Clean up continues
A sense of normalcy is finally taking over much of Harrison County a week after the remnants of Hurricane Ike blew through the area on Sept.
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Red Cross will hold three blood drives
The American Red Cross has three upcoming blood drives: St. Joe Hill, 2605 St. Joseph Road W., Sellersburg, 3-7 p.m. today.
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Harrison County Storm Newsletter
The Next Step will provide a free meal to Harrison county people on Friday from 11 a.m. to 1 p.m.. From the square in Corydon go East on Walnut.
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Around Indiana
The roof collapsed on a main event room at the Huber Winery in Starlight following a downpour Friday.
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INDOT hears negative reactions to proposed turning lane on US 150 in Greenville corridor
The gymnasium at Greenville Elementary School held dozens of residents living within the town limits, the Greenville Town Board, and INDOT officials Monday night .
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Sewer district, mobile home park near agreement
The Harrison County Regional Sewer District is working on a deal with SSK Communities, owner of the Berkshire Pointe mobile home park in New Salisbury, to make up for the excess flow charge SSK Communities owes ...
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Harrison County man arrested in fatal hit and run
Stephens was incarcerated in the Clark County Jail on preliminary charges of Failure to Stop for a Fatality Crash, a C Felony.
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Harrison board to discuss sewers for New Salisbury
Also, discussion will continue on how the new utility will set rates and fees. The board meets at the Harrison County Community Foundation Building, 1523 Foundation Way.
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I-65 driver held in fatal hit-run
Indiana State Police have arrested a 21-year-old man in connection with a fatal hit-and-run crash on Interstate 65 in southern Indiana.
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Regional sewer district needs $1 million
The Harrison County Regional Sewer District needs to collect $1 million through grants or businesses to provide the rates discussed at its July meeting for the New Salisbury project, said Scott Miller of H.J. ...
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It's peak blueberry season: Enjoy midsummer's bounty
After about 20 minutes crouching next to blueberry bushes, I'd pretty much figured out a serviceable picker's technique.
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It's high time for blueberries
After about 20 minutes crouching next to blueberry bushes, I'd pretty much figured out a serviceable picker's technique.
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Sewer district continues focus on New Salisbury
The Milltown proposal issues were discussed last Wednesday morning by the Harrison County Regional Sewer District board.
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Sewer district continues focus on New Salisbury
The Milltown proposal issues were discussed last Wednesday morning by the Harrison County Regional Sewer District board.
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Expansion of Midway Estate on hold for legal advice
A request that would expand Midway Estates was tabled earlier this month by the Harrison County Advisory Plan Commission to give the board time to consult its attorney regarding a "stub" road in the existing ...
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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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