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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Avondale, 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
Call for COMPLETE details NOW!
(800) 675-9783
| Avondale, Colorado News |
Crime Beat
Avondale woman arrested in assault A 31-year-old Avondale woman was arrested Saturday for reportedly trying to behead her boyfriend.
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Man gets 28 years in slaying
A Pueblo County man was sentenced Monday to 28 years in prison for the shooting death of his stepfather.
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Blessed by time
Watching Dan Centa work a room provides a glimpse into what more than 30 years of public scrutiny can do.
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WEDDINGS
Magoon-Beauvais Sarah Magoon and Donnie Beauvais III were married Sept. 6 at Temple Baptist Church with the Rev.
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Sen. Obama backs bailout legislation
Democratic nominee Sen. Barack Obama spoke with News First's Georgiann Lymberopoulos about the economic bailout.
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Veterans Day comes early in Avondale
CHIEFTAIN PHOTO/MIKE SWEENEY -- Grand Marshal Harry Wenzel waves to the crowd during the Avondale Veterans Day Parade on Saturday.
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The Vatican goes green with solar energy
The Vatican installed 2700 solar panels on the roof of the Papal Audience Hall this week.
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Avondale schedules vet parade
A retired Pueblo County Sheriff's Office commander will be the grand marshal for Saturday's sixth annual Veterans Day Parade in Avondale.
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Steve Witte: WeIve been able to hold the flow at Amity, and that's unusual
Here's a look at transmountain water in the Arkansas River Basin, from The Pueblo Chieftain .
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No comments posted.
Even though the headwaters of four major Western rivers are in Colorado, the state has to learn to better share its water because there's little left to claim.
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Hackney wins rodeo pageant -,
Kara Hackney, last year's Ellis County Rodeo Queen, recently was crowned 2009 Miss Teen Rodeo Kansas.
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Building on success
The founder of an established player in the region's construction industry has passed the business along to his son.
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Labor situation stabilized say farmers
Two years ago, in a time of deep anti-immigration sentiment, then-Gov. Bill Owens signed a series of bills touted to make Colorado the toughest state for undocumented foreigners.
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Farmers differ on the Future of Our Farms
Donny Cooper used to worry about weeds on his Boone farm along the Bessemer Ditch.
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Hay the king of Pueblo crop production: Forage crop accounted for 62...
Hay the king of Pueblo crop production: Forage crop accounted for 62 percent of 2007 local value of crop production.
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Boone, Avondale to hold chem-demil meetings
Public meetings on the next phase of the Defense Department's effort to destroy Pueblo's stockpile of chemical weapons will be held at 7 p.m. Tuesday and Wednesday in Boone and Avondale.
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Boone, Avondale to hold chem-demil meetings
Public meetings on the next phase of the Defense Department's effort to destroy Pueblo's stockpile of chemical weapons will be held at 7 p.m. Tuesday and Wednesday in Boone and Avondale.
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Drought has Avondale rancher feeling parched
Pueblo County dryland farmers and ranchers could become eligible for federal emergency programs shortly as an ongoing drought continues to plague the area.
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Boy Scouting offers Pueblo youngsters
CHIEFTAIN PHOTOS/NATHAN PAPES Several Boy Scouts in Troop 30 walk up a path while heading to the mess hall during summer camp last month at San Isabel Scout Ranch.
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Colorado Firefighter Fights Final Battle
Jul. 14--William and Janis Pine were sitting on their couch one day -- Oct. 4, 2006, to be exact -- when their lives changed forever.
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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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"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
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