Amery, 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
| Amery, Wisconsin News |
County takes GAM to Supreme Court
County takes GAM to Supreme Court Gregg Westigard 01.OCT.08 BALSAM LAKE - Polk County will have its lawyers take the Golden Age Manor sale issue to the Wisconsin Supreme Court for review.
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County to pursue Manor appeal, for now
The Polk County Board of Supervisors will proceed with an appeal to the Wisconsin Supreme Court, at least for now, on the issue of whether or not the county has the legal right to sell the county-owned Golden ...
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Court hearing held in open meetings law case
A court hearing was held in Polk County Circuit Court Sept. 25, on Jim Drabek's assertion that Polk County supervisors repeatedly violated Wisconsin's open meetings law between Dec.
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Circuit Court as of
Circuit Court Found guilty/pleaded guilty Lu Ann L. Bronstad, 50, of Luck, Wis. Possession of methamphetamine.
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The digital-TV transition is a pain for some
Television is going all-digital early next year, and Pat Teiken thought she was ready.
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Trial likely in Spears driving case
Britney Spears' trial for driving without a valid California license is all set for next month _ and the attorney representing her in the criminal matter isn't happy about it.
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Court voids Golden Age Manor sale
A Wisconsin appeals court has ruled that Polk County's decision to sell the county-owned Golden Age Manor nursing home in Amery was made in contradiction to state law.
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Council vote raises vehicle taxes to $95 in Milwaukee
Milwaukee drivers will pay the highest vehicle registration fees in Wisconsin - $95 a year - after a Common Council vote Tuesday.
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Authorities rescue Wisconsin tubers from Kinnickinnic River
After failing to arrive at their pick up point Monday, two Kinnickinnic River tubers spent the night on the river bank, where they were found safe this morning.
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, Where the world meets rural
The National FFA Organization has announced that Wisconsin has three finalists for the American Star awards to be presented this fall.
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New superintendent ready to dig into Black River Falls
Paul Blanford was ready to get back to Wisconsin, and coming to Black River Falls seemed like the perfect way to do it.
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AIG helps out plane crash victims
Two Wisconsin residents who survived a plane crash in Guatemala have been flown to a Minneapolis hospital, assisted by insurance they received through AIG Travel Guard.
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Amery woman in serious condition in Minn. hospital
A Minneapolis hospital spokeswoman says a northern Wisconsin woman who survived a plane crash in Guatemala that killed her husband, son and nine others is in serious condition.
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Humanitarian workers among dead in Guatemala crash
A small plane that broke apart in Guatemala as the pilot attempted an emergency landing, killing 11 of the 14 people aboard, was carrying members of a Utah-based humanitarian group who were on their way to help ...
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Father and son from Amery die in Guatemalan air crash
Siding is being hung and sidewalks are being poured at WestCAP's newest housing development in Hammond.
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Five Americans, including 2 from Amery, Wis., among 10 dead in Guatemala plane crash
Two residents of Amery, Wisconsin were among five Americans killed today in the crash of a small plane in Guatemala.
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Amery man dies of accident injuries
A 74-year-old Amery man died Saturday from injuries sustained in a car accident earlier this month.
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New medical center to open in Osceola in September
Osceola opens the doors to its new $21 million medical center next month. The 18-bed hospital will replace a small downtown office.
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Singing The Blues
People from across the country and from all walks of life continue to descend on Duluth's Bayfront Park to hear the blues.
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Dusty Trail Finders ride for water rescue equipment
Dusty Trail Finders pause on the trail during a club ride July 19 in Chequamegon-Nicolet National Forest in Park Falls.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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