Wheat Ridge, 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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| Wheat Ridge, Colorado News |
Martin in court for setting dog on fire
A woman accused of setting her dog on top of a burning phonebook placed on her stove while the animal was hog-tied, appeared in court for the first time.
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GeneThera Will Test Milk And Dairy Products Due To Evidence Linking...
GeneThera, Inc. announced it will begin testing of raw and processed milk and dairy products using its Real Time PCR test for Johne's disease through its Wheat Ridge, CO laboratory.
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Comcast raising prices in Feb.
Comcast raising prices in Feb. Comcast cable TV rates will go up between 4.9 percent and 6.9 percent in most areas of the Front Range in February.
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Ritter Appoints New District Court Judge
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Overturned semi sends beer barreling
Eastbound Colorado 58 on to eastbound Interstate 70 was closed for much of the afternoon Monday after a semi-trailer full of beer overturned on the ramp about 12:30 p.m. The driver of the leased tractor-trailer ...
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Wind-Whipped Fire Forces 18 Out Of Homes
A two-alarm fire broke out just before 4 a.m. Thursday, at a six-unit townhouse building in Wheat Ridge, said officials from the Arvada Fire Protection District.
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City mourns death of fire chief in '08
Demolition crews work to clean up the remains of the Olinger Mansion that once stood along the corner of W. 29th Avenue and Wadsworth Boulevard in Wheat Ridge.
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Diving for pearls can yield wisdom too
As Nita Medina sees it, there are two kinds of people: "Those who make you work for their garbage and those who leave it out to live on." Medina's words rang true Friday as we cruised the alleys of Denver in ...
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Semitrailer Slides Across I-70, 1 Hurt
Wheat Ridge police said a truck driver was injured when his semitrailer rig rolled on Interstate 70 and slid across all lanes of traffic.
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Preparing to take an icy New Year's plunge
Published December 26, 2008 at 12:05 a.m. Photo by Joshua Lawton / Daily Camera/2007 Teri Incampo, 16, of Wheat Ridge, screams as she runs out of the 36-degree water at the 24th annual New Year's Day plunge at ...
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Sanders acquires Wyo. company
Plumbing, heating and cooling business George T. Sanders Co. said Wednesday it plans to acquire Wyoming-based Houston Supply Co.
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Hopes high for area with flyover opening
The new on-ramp connecting eastbound I-70 to westbound Highway 58 to Golden is completed and officially opened to travelers Friday, Dec.
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Grinch-Like Burglar Hits Wheat Ridge Homes
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Holiday Burglaries Plague Wheat Ridge
The Wheat Ridge Police Department is seeking the public's help in stopping a series of home burglaries.
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City looks to increase Web presence
Two new projects set to roll out in the coming weeks will give Wheat Ridge an enhanced presence on the Internet - a move officials hope will pay dividends for the city's image.
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A boundless energy for volunteering
Marcetta Lutz sits in an archives room named for her at the Arvada Historical Society.
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Critics Call New Flyover A 'Bridge To Nowhere'
Dec 14, 2008 3:17 pm US/Mountain WHEAT RIDGE, Colo. Critics call it Colorado's bridge to nowhere, but civic leaders in Jefferson County disagree.
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Farmers dominated during fall
Something special must be in the drinking water at Wheat Ridge High School this school year.
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Christmas tree trains keep on chugging
Chris Forsyth's best Christmas was when he woke up to a train chugging around the tree, a conductor's hat and a little pair of overalls.
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Holiday means business for chocolatier
Artisan chocolatiers Heidi and Myron Lewis divide a batch of butter almond toffee into edible squares Wednesday, Nov.
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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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