Longmont, 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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| Longmont, Colorado News |
11,000 evacuated in Boulder as inferno continues
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Wildfires trigger evacuations near Boulder, Colo.
Wind-driven wildfires swept across Boulder County grasslands Wednesday, destroying at least four structures and prompting police to go door-to-door ordering residents to flee one neighborhood.
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Firefighters battle two blazes west of Longmont
Firefighters are battling two grass fires west of Longmont -- one at a llama ranch on North 45th Street and another on Olde Stage Road.
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abe Designworks opens Longmont office
Jon Van Benthem will be the managing principal and the single employee at the new location.
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Colorado Railcar goes out of business
FORT LUPTON, Colo. - A Colorado company that made diesel-fueled passenger cars for railroads and commuter lines has closed its doors, citing a "major liquidity problem." Colorado Railcar Manufacturing shut down ...
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Explosion closes Longmont motel
A boiler explosion damaged the inside of the Lamplighter Motel in Longmont early Tuesday, although no injuries were reported.
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Police: Longmont man tried to kill 3
Jorge Salcido-Silva, 26, was booked into the Boulder County Jail late Thursday on three counts of attempted first-degree murder, first-degree assault, reckless endangerment and other possible charges.
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Longmont Theatre Company presents show about ill-fated Antarctic expedition
Clockwise from top left: Ashley Van Scoyoc, Peter Johnson, Josh Van Riper and Blake Curton huddle around their tent during a tech rehearsal of "Terra Nova" at the Longmont Theatre Company.
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Man arrested in Longmont shooting
Police on Thursday arrested a Longmont man following an early-morning shooting that left one man injured.
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Starting out 2009 with a plunge at Boulder Reservoir 2:41 p.m. |...
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New Year's Eve fire damages Longmont home
Fire damaged a Collyer Street home Wednesday when a burning tree touched off the southwestern corner of the house, according to the Longmont Fire Department.
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Review: DaVinci's offers local Italian in Longmont
Danielle Vannatta prepares to serve pizza at DaVinci's Italian Grill on Main Street in Longmont.
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CDOT closing northbound I-25 south of Loveland tonight
CDOT is closing all northbound lanes of I-25 tonight, and warning motorists of major expected delays in the area.
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Eager baby growing up | By Pierrette J. Shields Longmont Times-Call
LYONS - Since his grand entrance into the world on April 17, Grant Kirkland has learned the virtues of patience.
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Loveland man found safe in Wyoming
A Loveland man who had been missing since Friday was found safe late Saturday night.
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Meth Lab Forces Apartment Evacuation
Seven people are out of their homes and have been decontaminated after a meth lab was discovered in their Longmont apartment building.
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Police issue alert for missing Loveland senior citizen
Loveland police are asking for the public's help in locating a Loveland man diagnosed with dementia who has not been heard from since he was seen at a Longmont pharmacy Friday afternoon.
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Santa offers warmth and luck to Longmont United Hospital patients
Dolores Dziekan cuddled up immediately to the lushly soft blanket that Santa and his crew specially delivered to her hospital room at Longmont United Hospital on Thursday.
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Christmas tree recycling available
Christmas trees - free of ornaments, tinsel and stands - can be recycled at the following places and times: Boulder offers Christmas tree recycling Friday through Jan.
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Tree disposal available in Longmont
Longmont public works will provide Christmas tree collection today through Jan. 5. Trees must have all decorations and bags removed prior to drop-off. Trees can be dropped off at Eco-Cycle, Roosevelt Park, ...
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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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