Hickory Corners, 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
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Holiday dinners at Kellogg house
Celebrate the holidays with family and friends by enjoying a dinner at the historic W.K. Kellogg Manor House in Hickory Corners.
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Celebrate the holiday season at the Kellogg Manor House
Begin the holidays with a special tour of the majestic W.K. Kellogg Manor. During the holidays, decorations add to this already beautiful Tudor home as rooms twinkle with the holiday spirit.
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Police Blotter
Pump catches fire HICKORY CORNERS - The Hickory Corners and Community Fire Company was dispatched down the hill from its station at 11:30 p.m. Tuesday to the residence of Gilbert Spotts, where a pool pump had ...
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Close to home: Hickory Corners
What's a more perfect way to get some seasonal scares in than with an old-fashioned murder mystery? Head to Kellogg Manor at 6:30 p.m. on Oct.
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Events happening in southwestern Michigan
Tom Dietz, the museum's curator, is discussing award-winning recreational devices by local inventors of bygone days.
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Racehorse Ready to Run After Bout with Ataxia
Racehorse owners Suzanne VanderSalm and Ellen Bennett of Hickory Corners, Mich., weren't about to give up on Navigator, their Thoroughbred who became ataxic suddenly as a yearling three years ago.
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REVS: Bigger & better : Gilmore car museum adds autos, activities and...
Gilmore car museum adds autos, activities and artifacts The Gilmore's May-to-October season has created the automobile museum equivalent of the annual model change.
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Muscle car exhibit nears finish line
The immensely popular blockbuster exhibition, "Ultimate Muscle Cars," at the Gilmore Car Museum, in Hickory Corners, will close at the end of October.
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Week in Photos September 15
Ian Haddix, of Hickory Corners Nursery and Greenhouses of Bath and the Lansing City Market, hauls apples to the State Capitol grounds for the Select Michigan Day Capitol Lawn Farmers' Market.
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A Motorcyclist Dead after Hitting Deer
A Delton man is dead after hitting a deer while riding his motorcycle. The Barry County Sherff's Department says the accident happened around 8p.m. Saturday on Gilkey Lake Road just north of Hickory Corners.
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What happening Sunday: Lectures; nature program
Lectures in Kalamazoo The forum "Unions vs. Corporations: Dead or Alive -- Who Will Survive" is being presented in Rooms 57-59 at Western Michigan University's Bernhard Center.
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Escape Roads: 1954 Cadillac Eldorado September 19,2008Cadillac...
Cadillac introduced the Eldorado for the 1953 model year as a specially trimmed top-of-the-line convertible with subtle sporty qualities.
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Events happening in southwestern Michigan
Participants should bring binoculars. Admission is $4, or $2 for senior citizens.
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Events happening in southwestern Michigan
Events happening in southwestern Michigan Kalamazoo Cruising in Hickory Corners v A WEDNESDAY NIGHT CRUISE-IN is being held at the Gilmore Car Museum, 6865 Hickory Road, Hickory Corners.
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Continue 'Antiques Roadshow' fix at West Michigan museums
Decorative arts and sculpture expert Eric Silver, left, discusses automotive mascots with "Antiques Roadshow" host Mark L. Walberg during taping at the Gilmore Car Museum in Kalamazoo, Mich.
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Richland residents celebrate Oktoberfest in August
George Adams barely escaped the wrath of Tropical Storm Fay when he arrived in Michigan on Wednesday.
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Events happening in southwestern Michigan
Nature Center admission is $6, or $5 for seniors , $4 for children ages 4-13, free for children 3 and younger.
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Escape Roads: 1936 Cadillac Series 36-90 Sixteen Aerodynamic Coupe: Overwhelming
Cadillacs with 16-cylinder engines, such as this streamlined coupe, were designed to impress.
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What's happening Monday: Free films; blood drives
Films in Kalamazoo "Roots Daughters: The Women of Rastafari" is being screened in the Van Deusen Room of the Kalamazoo Public Library, 315 S. Rose St.
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What's happening Monday: Baby-health discussion; 'The Golden Compass'
Focus-group discussion in Kalamazoo A Healthy Babies, Healthy Start community-focus-group discussion is being held at the Ecumenical Senior Center, 702 N. Burdick St.
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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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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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