Grand Ledge, MI Divorce Buyout in Michigan
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 Michigan, 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 MI
| Grand Ledge, Michigan News |
Group to present holiday comedy 'Christmas Belles'
DELTA TWP. - Lansing's own Starlight Dinner Theatre will present 'Christmas Belles,' the sequel to last season's sold-out hit, 'Dearly Beloved,' on Dec.
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Calvary to host Christmas concert
DELTA TWP. -The vocal music students of Gretchen Goodrich-Gleason will present a Christmas Holiday concert at Calvary Lutheran Church on Sunday, Dec, 7, at 3 p.m. The performers are boys and girls between the ...
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Eatery's closure ends an era
GRAND LEDGE - Anyone wanting their Saturday morning Jammer to start off the weekend will have to look somewhere other than the Log Jam.
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Red Salamander hosting garage-sale of collectibles
GRAND LEDGE - The Red Salamander, operating in its new location at 902 E. Saginaw Highway, just east of M-100, in Grand Ledge, will be hosting a giant 'trash and treasures' garage sale 10 a.m.-3 p.m. every ...
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Development planned for G.L.
GRAND LEDGE - If things fall into place, Grand Ledge residents passing by the intersection of M-100 and Saginaw Highway will soon have another option to fill a prescription or buy a cup of coffee and a pastry.
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G. Ledge teen wins world title as goose caller
Kile Jones compares his hobby to playing an instrument such as a clarinet. Except every so often geese circle the house and land in the front yard because of it.
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Lansing's gateways: Effort seeks to rejuvenate, beautify corridors and improve city's image
'Entryways into a community are symbolic' Susan Vela * svela@lsj.com * November 21, 2008 * From Lansing State Journal When driving into Lansing, Bob Doty is depressed by the sight of vacant GM properties.
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Radical gay activist group plans more disruptions
Religious organizations are on the watch for possible protests by radical gay activists who targeted churches in Michigan and Washington this month.
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Life is Easier with Saturn of Grand Ledge event
Life is Easier with Saturn of Grand Ledge. Sponsored by Saturn of Grand Ledge and GM's Women in Manufacturing Affinity Group.
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Bonnie J. Robertson
Bonnie J. Robertson of Dickerson Lake formerly of Charlotte passed away Nov. 13, 2008.
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Troop support group opens in Grand Ledge
GRAND LEDGE - Operation Homefront, a national organization dedicated to supporting military service members and their families, now has a presence in Michigan.
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Lots to report from Grand Ledge chamber
The Grand Ledge Chamber office has been very busy the month of October. We moved our office to the new location of 222 S. Bridge St.
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MSU theater department really goes 'green'
In a year of creative connections, director Christina Traister is tying the Michigan State University Department of Theatre's annual Shakespeare production to the earth.
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State lawmaker zapped by Taser in hopes of legalizing device for residents
State Rep. Rick Jones, no stranger to publicity stunts, underwent a Tasering today to show why he believes Michigan citizens should be allowed to carry the shock devices for personal protection.
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Talk about it
If you could speak to the president-elect, what advice would you give? I would advise the new president to surround himself with wise, intelligent people he trusts, but to trust his instincts as well.
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Schneider: Where can I sign up to halt robocalls?
Having heard over the weekend from the robotic incarnations of Mitt Romney, Mike Rogers and John McCain - plus a brother-in law pretending to be a robocall - I got to thinking about a column I wrote in January.
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Kissane Leads The Way For The 10-0 Comets
QB Nick Kissane of Grand Ledge has emerged as one of the best quarterbacks in the Class of 2009 and has his 10-0 and #4 ranked Comets ready for Rockford this weekend.
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Some area schools close for Election Day
Lansing students got a day off Tuesday, partly to keep school halls and parking lots free for Election Day voters.
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Grand Ledge man breaks leg while fleeing from police
A 23-year-old Grand Ledge man accused in several thefts, who broke his leg while fleeing authorities, was arraigned today on several charges.
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Parks - Ranshaw
Kevin and Cheryl Sobleskey of Charlotte are pleased to announce the engagement of their daughter, Jami Parks, to Chad Ranshaw, son of Larry and Diane Ranshaw of Dimondale.
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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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"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
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