Hopkins, 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
| Hopkins, Michigan News |
Cronin wins close judge race; recount possible
Attack ads may have stacked the deck in a tight local judicial contest, and now a recount may be in the cards.
|
Cronin wins Allegan's circuit judge race
Wednesday, November 5, 2008 10:08 AM EST Unofficial results from the Nov. 4 election show that Hopkins lawyer Kevin Cronin has narrowly won the race for Allegan County's 48th Judicial Circuit Court.
|
Judge loses seat on Allegan County bench
Attorney Kevin Cronin's 215-vote victory over incumbent Allegan County Circuit Judge William A. Baillargeon became official just before 5 a.m. today.
|
Allegan County: Longtime Clerk-Register Watts, Commissioner Thiele win re-election
Allegan County Clerk-Register of Deeds Joyce Watts won re-election Tuesday to a ninth term.
|
U.S. Mint's 'Real Change Exchange Trucks' will roll into West Michigan
The push to get more $1 coins in the hands of consumers will take to the streets this month, when one of the U.S. Mint's "Real Change Exchange Trucks" makes stops around West Michigan.
|
Infusion of dollar coins will make pockets jingle more
Shoppers in Wayland and Hopkins may hear a little more jingle in their pockets in the next few weeks, thanks to a joint program between the U.S. Mint and the United Bank of Michigan to boost circulation of ...
|
Allegan County judge dismisses attack ads
Radio ads attacking an Allegan County judge running for re-election next month began airing on five West Michigan radio stations this week, painting 48th Circuit Court Judge William Baillargeon as someone ...
|
Allegan County: Voters face choices in judge, clerk, commission races
Allegan County: Voters face choices in judge, clerk, commission races by Dave Muller Monday October 20, 2008, 5:58 AM ALLEGAN COUNTY -- Voters will have decisions in three races Nov.
|
Local teens named a Miss Allegan County,a and a Outstanding Teena
Local teens named 'Miss Allegan County,' and 'Outstanding Teen' Wednesday, October 8, 2008 5:07 PM EDT Rachel Varley of Otsego was recently crowned "Allegan County Outstanding Teen 2009" along with "Miss ...
|
A step back in time - Zeeland Historical Society re-enacts the past to educate area residents
The Third Michigan Company, a group of Civil War re-enactors based in Grand Rapids, load their guns during a demonstration Sunday afternoon.
|
Denton and Van Regenmorter
Tina Marie Denton and Matthew Alan Van Regenmorter are engaged and planning to marry on Oct.
|
Hopkins School District "E-News"
The following is an e-mail from the Hopkins School District: Welcome to Hopkins E-News for Friday, Sept.
|
Hopkins Village seeks to boost operating millage
Hopkins Village Council wants to raise the village's operating millage with one of three ballot proposals for the Nov.
|
Wayland school tries single-gender kindergartens
The Grand Rapids Press People might think teacher Suzanne MacIntosh is crazy for wanting her kindergarten classroom full of only boys.
|
Event aims to prevent homelessness
Helping to end homelessness in Allegan County is sometimes about helping people know where to turn for help.
|
Farmers expecting record corn, soybean crops
GRAND BLANC, Michigan -- Few people love Cadillacs like Joseph Macko. The 84-year-old Flint man has been driving a new Cadillac every year since 1955.
|
Stebbins joins Bright Technologies
Bright Technologies, Hopkins, Mich., announced that Tom Stebbins, formerly of Tracy & Sons Inc., Watertown, has joined its staff as operations and process specialist.
|
More of this story
A Niles resident and two Dowagiac residents were arrested Tuesday afternoon for possession of crack cocaine the amount of which, police estimate, holding a street value of $6,000. According to a press release ...
|
Exciting things from the Fringe
Right Here is delighted to see the London Fringe return for its ninth edition. The Fringe opens Thursday night as 45 theatre companies performing in seven locations, 30 visual artists, 13 filmmakers and a bevy ...
|
Cycling Column - Hello, Hopkins
Leaving Monterey Township on 128th Avenue, I still had a Three Dog Night song running through my head as I tackled the small hills leading into Hopkins, the first stop on my three-town tour of central Allegan ...
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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.
|
|