Almond, 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
| Almond, Wisconsin News |
Raymond Sanchez Jr.
Raymond 'Cala' Sanchez Jr., 58, 8353 Division St., Bancroft, died at home Dec. 2, 2008, following a lengthy illness.
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Countywide baiting ban isn't rational
The Department of Natural Resources last week announced that it will ban all deer baiting and feeding in Marathon County starting Dec.
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Baiting and feeding ban goes into effect in Marathon and Wood counties Dec. 15, 2008
The Department of Natural Resources announced today that, in accordance with existing state law, a baiting and feeding ban on white tailed deer will go into effect on December 15, 2008 in Marathon and Wood ...
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Authorities asking for assistance with solving burglaries
Deputies received report on Halloween that Dee's Bar and Grill, 1371 Division St., Almond, and the Almond Fire Department, 114 Main St.
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Corrections from Thursdays Journal
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Police log
Vandalism/criminal damage to property: Nov. 12 around 10:55 p.m., sheriff's deputies received report of pumpkins being thrown off the overpass near 1-39 and Janick Circle, Hull.
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Margaret A. Harvath
Margaret A. Harvath, 72, 2241 Jefferson St., Stevens Point, died Sunday, Nov. 9, 2008, at Saint Michael's Hospital, following a brief illness.
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Family living educator helps create household bonds
Fifty-six-year-old Pat Rychter's motto is this: 'Operate as if everyone out there could use us at any given moment.
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Trick-or-Treat hours set for Stevens Point and surrounding areas
The following trick-or-treat hours will be observed on Friday: Almond - 5 p.m. to 7 p.m. Amherst - 5 p.m. to 8 p.m. Amherst Junction - 5 p.m. to 8 p.m. Junction City - 5 p.m. to 7 p.m. Milladore - 6 p.m. to 8 ...
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Ruth A. Fuller
Ruth A. Fuller, 90, of Plover, formerly of Bancroft, entered eternal rest Wednesday Oct.
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Pat Durkin column: State's ho-hum CWD response is a gamble
The state's response to finding chronic wasting disease in a Portage County game-farm deer last Friday was so calm, orderly and pragmatic one almost misses the good ol' days of 2002 when we packed auditoriums ...
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Andrews, Judy F.
Judy F. Andrews, age 59, of Waupaca, WI, passed away on Tuesday, October 7th, 2008, at Riverside Medical Center in Waupaca.
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Almond students plant Pinwheels for Peace
In today's world, peace needs to become more than just a word. On Sept. 22, Almond Elementary School students took part in an international art and literacy project, Pinwheels for Peace, by 'planting' pinwheels ...
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Midwest: All Over the Map
Stone Lake: "Stone Lake Cranberry Festival." You can't get enough cranberries so if you find yourself in northwestern Wisconsin on Saturday, head to Stone Lake for their berry good day.
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Police log
Criminal damage to property: Sunday around 4:24 a.m., officers received report of damage to a vehicle at Kmart, 111 Division St.
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Meetings
Today Village of Plover Police and Fire Commission, noon, municipal center. Agenda includes discussion and possible action on Police Department's use of force, firearms training range, EVOC/PIT, domestic ...
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The Rev. Basil Folan
The Rev. Basil Folan, OP, 85, of the Wisconsin Veterans Home, formerly of Plainfield, passed away Wednesday, Sept.
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Meetings
Today Portage County Highway Committee, 7 a.m., highway facility, 345-5355. Portage County Commission on Aging/Aging & Disability Resource Center Board, 4 p.m., Lincoln center, 346-1401. Agenda includes ...
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Government Meetings
Monday Portage County Capital Projects & Finance Committee, 8 a.m., courthouse annex, 346-1330. Portage County Finance Committee, 4:30 p.m., courthouse annex, 346-1330. Stevens Point Personnel Committee, 6 ...
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Names Released in Fatal Waushara County Car Accident
The Waushara County Sheriff's Department has released the names of the two men killed in Friday's car accident in Plainfield.
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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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