Idlewild, 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
| Idlewild, Michigan News |
Ware's supporters pack commission chambers
Supporters of embattled Wayne County Commission Chairwoman Jewel Ware packed the chambers today and called on attacks against her to stop.
|
Alleged Ghost-Employees No Longer Employed
Two men at the center of a Wayne County commissioner investigation into ghost-employees admitted to working at a resort lounge owned by commission chairwoman Jewel Ware, but insisted that they were not paid on ...
|
Jobs at Ware's lounge were private, ex-employees say
Two men at the center of an alleged Wayne County Commission no-show employee scandal worked at a resort lounge owned by commission Chairwoman Jewel Ware.
|
Writing about Idlewild helped author through hard times
Writing about Idlewild helped author through hard times By Theresa D. Mcclellan GRAND RAPIDS -- Rose Hammond grew up in White Cloud in a stable black family.
|
8/8 - Youth Jazz Band Invited To Democratic National Convention
An area jazz band has been invited to perform at the Democratic National Convention.
|
Idlewild's History as Creative Haven to be Honored with a Michigan...
The Michigan Center for the Book today announced that a Michigan Literary Landmark will be dedicated Saturday, Aug.
|
So Fresh, So Clean - Outkast
OutKast's blend of gritty Southern soul, fluid raps, and the rolling G-funk of their Organized Noize production crew epitomized the Atlanta wing of hip-hop's rising force, the Dirty South, during the late '90s. ...
|
7/22 - Controversy Over Lake Idlewild Public Boat Launch Plans.
People are concerned over plans to build a public access site along Lake Idlewild in Lake county.
|
7/22 - Controversy Over Lake Idlewild Public Boat Launch Plans.
People are concerned over plans to build a public access site along Lake Idlewild in Lake county.
|
A haven from Jim Crow
It's a 4 1/2 -hour drive to here from the South Side of Chicago - which, in the bad old days, could seem an eternity to families seeking a vacation from Jim Crow.
|
Public Meeting Scheduled for 'Idlewild Transformation Initiative' July 22
State park and recreation and cultural economic development officials with the Department of Natural Resources and Department of History, Arts and Libraries today announced a public meeting is scheduled for the ...
|
Michigan Read pays tribute to Ernest Hemingway
Ernest Hemingway, whose nickname was Poppa in literary circles, is the subject of a lecture to be given at Flint Public Library on July 8. Did you know Ernest Hemingway was a fudgie? "Fudgie is a term of ...
|
Open House Scheduled for June 25 to Review the Lake Idlewild Access Site and Park
An open house is scheduled for Wednesday, June 25, to allow the public to review the draft design plans for improvements to an undeveloped public access site located on Lake Idlewild in Lake County.
|
FESTIVAL: Grammy Award-Winning Robin Eubanks Brings Commanding Flavor, Style to Idlewild
Much like the genre it celebrates, the 2008 Idlewild Jazz Festival embraces an array of eras, artists and melodic styles.
|
History, Arts and Libraries
Michigan Iron Industry Museum's June 1 Program Honors Barners-Hecker Mine Workers Who Perished in 1927 Tragedy May 19, 2008 - The public is invited to attend the first annual "Mine Workers Memorial Day ...
|
Click to see ALL agency News & Information
Idlewild Centennial Commission Begins Laying Groundwork for Resort Community's 100th Anniversary Celebration in 2012 May 16, 2008 - Although the big 100th birthday is more than three years away, members of the ... via State of Michigan
|
Betty Chavis: Michigan Tech's Renai.....
"I said - never in hell would I come up there.'" ' Betty Chavis's office is a visual cacophony of culture. On the second floor of the former president's residence that now houses the Department of Educational Opportunity office at Michigan Technological ... via The Daily Mining Gazette
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|