Amberg, 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
| Amberg, Wisconsin News |
Wausaukee Votes 72 to 71 For "At-Large" School Board
As a result of an extremely close 72 to 71 vote at the Wausaukee School District Annual Meeting Wednesday, Oct.
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Amberg Board Relents On Fire Chief Issue
On the eve of its 60th anniversary, Amberg Volunteer Fire Department received what could be considered a fitting birthday present.
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Amberg Fire Fighters Urge Public To Attend Special Town Meeting
Amberg Town Board has scheduled a special meeting for 7 p.m. Thursday, Sept. 25 at the Amberg Community Center.
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Over 112 Units In Amberg Parade
The Amberg Firemen's Picnic held Saturday, Aug. 30 at Amberg Fireman's Park "seems to get bigger and better every year", according to Fire Chief Dave Grube, "because the whole community gets behind it". It also ...
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Mursau Discusses School Funding At WTA Meeting
"Please, please, please, do it right," Wisconsin Towns Association spokesman Marilyn Behnd urged town officials at the quarterly meeting of the Marinette County Unit at Wausaukee Thursday, Aug.
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Wausaukee Voters Say Yes To School Referendum
Wausaukee School District voters streaming to the polls Tuesday, Aug. 19 voted nearly two to one in favor of a referendum they know will raise their taxes, and hope will save their school.
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Smith's Supermarket Is Damaged By Fire
Wausaukee-Smith's 141 Supermarket in Wausaukee was partially damaged by fire shortly before 11 p.m. Monday, Aug.
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Man arrested for alleged abduction
A 50-year-old man was arrested Friday afternoon in Marinette County in connection with the alleged armed abduction of his 52-year-old estranged wife from a house in the Town of Herman in Sheboygan County, the ...
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Amberg to Review Tanker Mishap
The Amberg Fire Department will host a review of the tanker mishap on Wednesday, Aug.
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Goodman centennial almost one week away
Correspondentv With a little over a week remaining prior to Goodman's 100th birthday celebration, the town's being buffed, shined and spruced up for the expected influx of visitors.
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Ill. driver escapes fatal car-truck crash in Wisc.
AMBERG, Wis. - The victim of a fatal car-tanker truck crash was identified Saturday as a Michigan man.
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Lions Club Gives $10,118 In Donations
The Wausaukee Lions Club donations during the 2007-08 totaled $10,118 with emphasis on the needs of the community including purchase of four pairs of eyeglasses, area people who needed help due to illness or ...
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Helicopter crashes in Marinette County; pilot OK
A helicopter went down this morning because of mechanical problems just off Squaw Creek Road in the town of Amberg in Marinette County.
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Amberg Car/Tanker Crash Kills One; Area Emergency Units Handle Hazardous Event
Zachary M. Jors, 23, Kingsford, Mich., died in a fiery head-on crash with a semi-truck pulling a tanker about 12:15 p.m., July 18, on U.S. 141 south of Town Corner Lake Road in the Town of Amberg.
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Photos: Tanker crash in Marinette County
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One Person Dead in Methanol Tanker Crash
The driver of a car is dead and the driver of a tanker truck is recovering after a fiery crash in Marinette County created a dangerous situation for the surrounding area.
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Driver killed in Amberg crash identified
Zachary M. Jors, 23, of Kingsford, Mich., was the driver of the car killed in the town of Amberg on Friday afternoon when his car collided with a semi-truck on U.S. 141.
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Methanol Tank Fire In Amberg Under Control
All people living within a half mile radius of the intersection were advised to stay in their homes or take shelter until further notice.
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Driver dead in Marinette tanker crash
TOWN OF AMBERG - A tanker truck and car collided Friday on U.S. 141 in Marinette County, killing the driver of the car and forcing a hazardous materials alert because of uncertainty about the tanker's cargo.
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Victim ID'd in Marinette County tanker crash
The victim of a car-tanker truck crash was identified Saturday as a Michigan man.
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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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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