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Divorce Buyouts
Debt Consolidation
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Absarokee, MT Divorce Buyout in Montana
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 Montana, 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 MT
| Absarokee, Montana News |
LocalGuide: 2 blood drives scheduled Monday
United Blood Services is holding two blood drives on Monday. One is in Bridger from 4 to 6:30 p.m. at the Bridger Civic Center.
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'Lazy gardener' still harvesting from 'mini-gardens'
Wayne Burleson describes himself as a lazy gardener. But the Absarokee entrepreneur isn't ready to give his green thumb a rest.
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WWII in Pacific still haunts Montana veteran
Sixty-five years after he clambered out of a Navy landing craft knee-deep into waters off New Guinea, Troy Martin finds that his first impressions haven't softened.
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More of this story
Len Knutson of Laurel found his car covered by fallen tree branches and snow Sunday morning, Oct.
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School Closures
The weekend weather has affected various school systems throughout the area. Here's a look at the latest information we have about area schools.
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Classes canceled in Red Lodge, Roberts
BILLINGS, Mont. - The weekend snowstorm has led to the cancellation of classes today at schools in Red Lodge and Roberts.
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Montana snow forces school cancellations
Some kids in a few central Montana counties will get an extended weekend thanks to the snow.
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School Closures
Red Lodge Schools will be closed Monday. Roberts Schools will also keep their students home as they work to clean up the roads.
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Winter weather whacks Billings
Wet, heavy snow has been falling since early this morning and it's starting to accumulate.
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No Changes Atop Gridder Polls
From The K-B-L-G News Center... BILLINGS CENTRAL RECEIVED ALL NINE FIRST PLACE VOTES IN CLASS A, FOLLOWED BY DILLON, MILES CITY, FRENCHTOWN AND HAVRE.
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MSUB to celebrate American Indian heritage
The histories, cultures and philosophies of American Indians will be celebrated during American Indian Heritage Day 2008 at Montana State University Billings.
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After the fire Fire investigators study the Huntley Project High School fire from a ladder truck on Friday.
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Donations pour in for school lost in blaze
Huntley Project High School is moving on. Strains of the Red Devils high school band and the roar of construction equipment could be heard across campus Friday.
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Journey to Germany binds group
The next time - if there is a next time - Katrin Chandler would consider an organized tour.
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Winning lottery ticket sold in Absarokee
Somebody in Absarokee is $50,000 richer. A ticket sold at Rockin' J's in Absarokee won Thurday night's Montana Cash jackpot.
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Lawyer: Stillwater County judge bending the rules
Joel Stone didn't know what to think two years ago after an unusual meeting with a judge at the Yellowstone County jail.
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20th Annual Threshing Bee
Our nation's heritage is deeply rooted within its soil. And Montana farmers from across the state gathered in Huntley this weekend, to glorify the tractors of today and yesterday.
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Anybody Live In Absaroka?
At Strange Maps : Look At the State You're In: Absaroka . In its short-lived attempt at existence, the US state of Absaroka managed to acquire quite a few trappings of statehood: a governor and capital were ...
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Dovetail fire may be contained today
UPDATED 9:15 a.m. Officials report that the Dovetail fire burned about 150 acres last night, but is expected to be contained this afternoon.
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Wildfire burning near Columbus
One structure has been lost and six others are threatened by a wildfire burning between Absarokee and Columbus.
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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