Haslett, 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
| Haslett, Michigan News |
Schneider: Students hope for equality for disabled
Morgan Sanford and Taylor Flewelling, students at Haslett's Murphy Elementary School, put No.
|
Doug Stites: Area schools deserve credit
Last week, hundreds of people gathered for a Celebration of Public Education. The event, which focused on K-12 education in Dansville, East Lansing, Haslett, Holt, Lansing, Leslie, Mason, Okemos, Stockbridge, ...
|
for the Record
Jessie Christensen was one of six champions from Family Martial Arts to earn gold medals at the 2008 Shinn Mu Kwan Championships in Haslett on Nov.
|
Haslett man fights to reclaim his health, life
It's 9 a.m. on a snowy Tuesday, and Micah Magnusson is getting ready for work. Suspended by bungee cords in a special suit in a metal cage in his Haslett living room Micah, 20, goes through his 90-minute ...
|
Talk about it
Thanksgiving is Thursday. What should mid-Michigan be thankful for this year? The existence of LEAP.
|
Haslett-Okemos Rotary names Student of Month
OKEMOS - The Haslett-Okemos Rotary Club has presented senior Nichole Schiro of Okemos High School with the Student of the Month award.
|
Big Zoo Lesson is 'just like play'
To 8-year-old Clara Muffitt, the penguins looked like they were playing catch. She and 25 other third-graders from East Lansing's Marble Elementary School this morning watched Potter Park Zoo officials feed ...
|
$140,000 vandalism Teen gets nine months for break-in of school
The 19-year-old who said he helped cause $140,000 in damage to Haslett Middle School suffers from bipolar disorder and substance abuse issues, according to his attorney.
|
Grieve resigns as Angel House fundraiser
MASON - One of Angel House's most dedicated volunteers is leaving the cause. Shirley Grieve, also the current Mason Area Chamber of Commerce's Citizen of the Year, has resigned her volunteer position with the ...
|
East Lansing, Haslett High school musicals on stage
HASLETT - Don't watch the movie, director Erich Wangeman told his actors when he announced the fall musical would be "Guys and Dolls". Wangeman didn't want the 1955 film version of the 1950 Tony Award-winning ...
|
Salute to heroes: Mid-michigan honors veterans
From elementary school students learning to fold flags to parades marching through the streets to somber ceremonies, residents across mid-Michigan remembered on Tuesday those who served their country in the ...
|
Capital Area Career Center to hold open house
MASON - The Capital Area Career Center, operated by Ingham Intermediate School District and located at 611 Hagadorn Road in Mason, is holding its annual open house on Tuesday, Nov.
|
Homer leaves post as Turner-Dodge curator
Retirement is only the beginning for local historian and women's rights activist Elizabeth Homer.
|
The vote is on in mid-Michigan
UPDATED 8:49 A.M. HASLETT - Catherine Campbell of Haslett walked to her polling precinct at Haslett Middle School with her husband, Colin, this morning.
|
Williamston Buck Pole tickets now on sale
A Williamston Buck Pole provided by Geyer Farm Service will be held in Williamston's McCormick Park on Saturday, Nov.
|
At the polls in mid-Michigan
UPDATED 2 P.M. - DELHI TWP. - In what Delhi Township Clerk Evan Hope is calling a "record breaker" so far today, the turnout in Delhi Township has been heavy, but steady with no major problems.
|
Haslett Kiwanis Student of the Month announced
HASLETT - The Kiwanis Club of Haslett has recognized Michelle Frank as its October Student of the Month.
|
Haslett-Okemos Rotary announces Student of the Month
OKEMOS - The Haslett-Okemos Rotary Club has named senior Michael Johnson, Haslett High School, its the Student of the Month.
|
Dozier: Rotarians name Student of the Month
The Haslett-Okemos Rotary Club presented Haslett High School senior Michael Johnson with the Student of the Month award.
|
Giackino - Stocker
Jamie Ann Giackino and Brad Hugh Stocker were married June 7, 2008 at the East Lansing Marriott.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|