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Antonito, 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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Antonito, Colorado News
Southern Colorado Film Commission

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Antonito man sentenced in fatal '07 crash

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Post office looks at repair costs

Photo by Keith Cerny Alamosa emergency service providers attend to Norman Roberts of Alamosa after he was hit and pinned under an SUV that crashed through the city's post office front window Monday.


Melee in the marsh leads to assault charge

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Labor Day events set

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Gallegos announces write-in campaign

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Ralph Carr Memorial Highway

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Small tourist towns feel pinch from gas prices, economy

The summer tourist season in this tiny mountain town is well underway, and the quiet RV park nestled under towering cottonwoods ought to be full.


Architecture takes on a higher calling

Architects Ron Rael and Virginia San Fratello stand next to a temporary bishop's chair in the full scale model of El Santuario de los Pobladores.


Indiana Jones Home

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San Luis Valley Town Meetings

The Alamosa City Council is considering shaking up the structure of its advisory boards , including those related to historic preservation and the city-owned ranch north of town.


Sports physicals offered

Sports physicals with no appointment necessary will be offered by Valley-Wide Health Systems for the following schools: Alamosa, Antonito, Centauri, Monte Vista, Sanford, and Sangre de Cristo, from 5-7:30 p.m. ...


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By LANCE HOSTETTER CONEJOS - In 1858 northern New Mexico farmers and ranchers established Our Lady of Guadalupe.


Bella's Welch: State solar prez

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Bill Clinton: Hands-On Experience

They have similar facial features. Posted at 5:59PM on Jun 23rd 2008 by Antonito Porter 4. I'm no Clinton fan...but even I call "photoshop" on this one Posted at 5:59PM on Jun 23rd 2008 by Chuck 5. right, he ...


Kids soak up water facts at Water Fest

Photos by Laurelin Kruse Andy Laca uses the water trailer to educate the kids about the Rio Grande River.


Cumbres & Toltec's Season is on

Photo by Laurelin Kruse The Cumbres and Toltec steam engine chugs up the mountain on narrow gauge track.


Candidates survive GOP assembly

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Gallegos misses deadline to file petitions for ballot

State Rep. Rafael Gallegos, D-Antonito, probably won't have a spot on the ballot come August when Democratic voters decide their nominee for House District 62.


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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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