Alma Center, WI Divorce Buyout in Wisconsin
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 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
| Alma Center, Wisconsin News |
Students learn dangers of tobacco use
Forty-two high school students from Black River Falls, Melrose-Mindoro and Alma Center-Humbird-Merrillan school districts participated in the Teens Against Tobacco Use program, or TATU.
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Inferno destroys Alma Center building
It took firefighters from eight departments five hours to battle a smoky blaze that destroyed a Chippewa Bi Products building and left Alma Center temporarily without power last week.
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Sentencings
Daniel G. Topping, 30, Black River Falls, was sentenced to pay $309 in fines and court costs on a charge of disorderly conduct.
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Arrests
Trisha G. Abbott-Mathews, 18, Melrose, was booked on a warrant pickup. Justin J. Baxter, 24, Alma Center, was booked for failure to pay fines and a probation violation hold.
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Area businesses destroyed, damaged by fires
Fires in Alma Center, Stanley and Fall Creek on Thursday and Friday destroyed two businesses and damaged another and a shed.
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Investigating the Chippewa Bi Products Fire
It appears an electrical problem is to blame for the fire that destroyed a building at a Jackson County business Thursday night.
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Jackson County Sheriffa s Department
The following incidents were reported by the Jackson County Sheriff's Department Incidents Nov.
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Arrests
Gina M. Anderson, 41, Taylor, was booked on a probation violation hold. Edwin L. Berg, 31, Alma Center, was booked for operating while intoxicated.
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AC-H-M super to retire
Alma Center-Humbird-Merrillan School District Superintendent Bob Lambert will retire at the end of the school year after six years.
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Two men officially charged in Alma Center burglaries
The two men arrested for breaking into several businesses in Alma Center and Black River Falls have been charged with several felony counts of burglary.
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Meeting hopes to combat underage drinking
Concerns over local underage drinking have initiated a town hall-type meeting that will take place later this month.
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Thousands Out to See Obama
Second Street in downtown La Crosse is filled with the sounds of chanting, for the man who some say will be the next President of the United States.
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Man charged with injuring handicapped woman
An Alma Center man has been charged with reportedly injuring a 60-year-old woman with Parkinson's disease after taking her for a day from a nursing home.
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Koehler, Agnes T.
Agnes Koehler, 87, Appleton, died Saturday, September 27, 2008, after a lengthy struggle with dementia.
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Diversity Day at Highground gives eighth-graders a new experience
Each year after school starts, eighth-graders from Neillsville Middle School and students from surrounding communities come to The Highground, six miles west of Neillsville, to participate in a cultural ...
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Sentencings
Kirk R. Standstraight, 26, Black River Falls, was sentenced to pay $3,000 out of each per cap check for fines totaling $6,220, 120 days in jail, license revocation for 32 months and alcohol assessment on ...
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Jackson County Sheriff's Department
The following incidents were reported by the Jackson County Sheriff's Department Incidents August 18 2:07 p.m.: Tara A. Dinger, 34, Melrose, reported a theft from her vehicle.
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ARRESTS
Thomas M. Bahr, 24, Hixton, was booked for failure to pay a fine. Robert J.L. Barhyte, 38, Black River Falls, was booked for violating a domestic abuse injunction and bail jumping.
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Jackson County Circuit Court and Traffic Report
Damian L. Benedict, 17, Merrillan, was fined $10 for mandatory seatbelt requirements.
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Arrests
The following people were booked into the Jackson County Jail: Cyrus P. Cuba, 19, Black River Falls, was booked for failure to pay a fine.
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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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