Albany, WI Divorce Buyout in Wisconsin
Since 1979 Somerset Mortgage Lenders Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Wisconsin, 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 WI
| Albany, Wisconsin News |
Albany districts plans for the long-term
But he said that won't happen in the Albany School District. Administrators and the school board want to develop a long-term plan for the district through a series of meetings and surveys next week.
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Albany Woman Killed in Motorcycle Crash
Upon arrival at the scene, it was determined that a southbound motorcycle operated by a Charles Hallquist, age 53 of Albany, Wisconsin collided with a deer.
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Two arrested after Wednesday hit and run
'A Brodhead woman was is serious condition this morning at University Hospital, Madison, after a truck that fled the accident scene Wednesday night hit the backend of her car, according to the Green County ...
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Weekend Getaway: Spring Green
In these rolling hills, the sublime and the surreal rub shoulders. Frank Lloyd Wright had his home and school of architecture at his Taliesin estate.
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Cross Country: Amish auction features quilts
As seems customary, clear skies, a bright sun and balmy weather greeted the 2008 edition of the Clearview School Auction held at the school grounds on Highway 104 between Brodhead and Albany in Green County.
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Soggy ending to Farm Technology Days doesn't dampen family's spirits
Late last week, life began a return to normalcy at Country Aire Farms near Greenleaf.
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Soggy ending to Farm Technology Days doesn't dampen family's spirits
Late last week, life began a return to normalcy at Country Aire Farms near Greenleaf.
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News
Sheriff and Police reports june 2-7, 2008 At 5:15 p.m., Wednesday, deputies arrested Irby L. Swatsell, 32, Brodhead, on a Green County warrant in the City of Brodhead.
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Visit bike stops and dairy shops on your dairy-delicious tour
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Boy Injured by Fireworks
A boy is transfered to the hospital after severely injuring his hand with fireworks Saturday evening.
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Assurances sought on flights and fares; Schumer wants no cuts in...
"On Northwest, we have one nonstop flight to Minneapolis. It used to be two" U.S. Sen. Charles Schumer said he's seeking assurances that the merger of Delta and Northwest airlines won't lead to fewer flights and higher fares at Albany International Airport. via Airport Business
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Manufacturer Chromalox closing Orfordville, Albany facilities
Chromalox says restructuring of the manufacturer of electric heat and control products will result in the closing of its facilities in Orfordville and Albany. via WBAY
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Police: Woman 'groomed' boy for sexual liaison
"She traveled 20 hours from Albany to meet with the boy. She obviously has the means to travel." The 44-year-old New York woman arrested in Eau Claire Friday after police say she attempted to have a sexual encounter with a 15-year-old boy was "grooming" the teen for an encounter for three months, a ... via Leader-Telegram
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Eliot Spitzer: Victimless crime?
It can be said of many others in politics who have fallen prey to their own character flaws, but it applies in particular to Eliot Spitzer, the soon-former governor of New York: Oh, what might have been. via Milwaukee Journal Sentinel
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At approximately 4:20 p.m. Wednesday, February 20, deputies were called to investigate a report of a motor vehicle crash in the Town of Brooklyn. via Independent Register
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Lincoln Achm Ffa maintains traditions, begins new ones
The Lincoln ACHM FFA Chapter membership has activities that take place throughout the whole year, much like most other FFA chapters. via The Chronicle
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Views: Dog breeding; coping with winter; learn English WSJ
"Romney lucky his views weren't known" Views: Dog breeding; coping with winter; learn English Late closing put students at risk Last Wednesday, virtually everything closed down due to the blizzard. via Madison.com
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Thursday's Scores
Elkhorn vs. Whitewater, ppd. Cambridge vs. Waterloo, ppd. to Feb 11. Juda vs. Albany, ppd. via The Daily News
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Northeast Wisconsin News, Weather and Sports
Parts of the Northeast are bracing for the second winter storm in as many days. The storm could dump as much as nine inches of snow in higher elevations of upstate New York and northern New England on Tuesday. via WFRV-TV Green Bay
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"If I live to be 130, I'll still be on the hill" Mount Union spreads out the wealth By JOHN BARRY - Saturday, Dec. 15, 2007 SALEM, VA. via The Janesville Gazette - Janesville, ...
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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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"...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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