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Akron, CO Divorce Buyout in Colorado

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 Colorado, 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 CO

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Akron, Colorado News
Wahlert's 21 points power Brush past Rams

By R.B. HEADLEY Originally published 12:02 p.m., December 3, 2008 Updated 12:02 p.m., December 3, 2008 No buzzer-beating heroics were needed for Brush's boys to subdue Akron in this basketball rematch.


Farmers concerned about credit crunch

For the last 90 years, the Colorado Farm Bureau has gotten together to discuss problems in the agriculture business.


New Fort Morgan Christmas bazaar site a hit

The Future Business Leaders of America Christmas Bazaar had a new setting in the Fort Morgan High School gym this year.


Akron teacher dies in rollover

A sixth-grade teacher from Akron, Erika J. Krening, 45, died Saturday in a rollover east of Wiggins on Interstate 76, the Morgan County Coroner's Office has reported.


Model T Club rolls into Brush for third year

Bringing their vehicles to the Jaycees Building were, front to back, Clair Morrison of Wray, Ken Bemis of Sterling, Dennis Lambert, also of Sterling, Bill Blue of Brush, Harold Woodward of Fort Morgan and Tom ...


MCC honor society members inducted

Morgan Community College Phi Theta Kappa Alpha Omicron Zeta chapter inducted 24 new members at a ceremony attended by the honored students and their guests.


FCCLA stresses service

FCCLA members play the $500 bill game during financial fitness workshop at the FCCLA district conference.


Boulder man, 20, found dead 11:31 a.m. | A 20-year-old man was found...

A 20-year-old man was found dead in his home Wednesday night at the 2700 block of Moorhead Ave.


Brush Class of '44 holds final reunion

The Brush High School Class of 1944 met Oct. 11 at Centennial Manor for reminiscing and dinner.


Graff pleads guilty, venue changed

In a last-minute hearing moved up about four hours from its scheduled time Monday, John Graff, the former Log Lane Village public works director accused of running up more than $68,000 in personal purchases and ...


Teacher salaries in Brush get more competitive

Teacher salaries in the Brush School District have become more competititve with salary schedule changes made by the Board of Education last year.


Tradition with a title

On a recent September weekend, a tradition continued as cattle were rounded up on horseback and brought in for branding.


Brush revs up for weekend biker rally

All area bikers itching to show off their hogs or community members looking for some high-octane fun are welcome to join the festivities at this weekend's three-day Prairie Biker Rally in Brush.


MOPS kicks off a new season

MOPS, Mothers of Preschoolers, celebrated the 2008-2009 year with a kick-off picnic at the Jerry Wisdom Park on Aug.


National Radial Engine Exhibition hits skies of Akron September 6

Are you a fan of World War II airplanes? Do you enjoy historical re-enactments? Are you a car buff? Are you looking for something exciting to do on the first Saturday in September? Then get ready for some ...


NREE Airshow returns to Akron

' The National Radial Engine Exhibition will host it's sixth annual Exhibition and Airshow on Sept.


Haugland leaves Prairie Mountain; McClain to return

Keith Haugland, vice president of Prairie Mountain Publishing Co., whose regional duties include oversight of the operations of The Fort Morgan Times, is retiring.


Locals endure wild overnight relay run

The Morgan County team in the Wild West Relay, at the finish line at Steamboat High School in Steamboat Springs, included, front row left to right, Sharon Plettner of Denver, Damaris Stieb, Zach Stieb and ...


Bunker Hill Junior Golf program attracts 48 golfers

As a conclusion to the successful summer program, a tournament for young golfers, girls and boys ages 8 through 17, was held at the golf course in Brush on Saturday, July 31.


Summer program nears end with park art display

Glendy Tarango, left, reaches for her creations as Michelle Enriquez displays her artwork during The Production Company's art display at High Plains Park in Wiggins on Saturday.


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