Amherst Junction, 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
| Amherst Junction, Wisconsin News |
Tour gives visitors look inside artists' studios
More than 20 local artists and 10 working art studios in Portage and Waupaca counties will be featured during the fifth annual Hidden Studios: Art Along the Ice Age Trail tour Friday, Saturday and Sunday.
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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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Todays death notices
Walter P. Policht, 82, Amherst Junction, Saturday Bernice B. Firkus, 82, Stevens Point, Sunday Mary G. Haessly, 83, Whiting, Saturday Carl E. Morton, 83, Stevens Point, Saturday George Zmuda, 86, Stevens Point, ...
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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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Local Red Cross volunteers leave for Texas
The American Red Cross is getting ready for Hurricane Ike. For the fourth time in a month, the Red Cross is moving people and materials in anticipation of a hurricane landfall.
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Police log
Possession of marijuana: Wednesday around 9:56 p.m., a 17-year-old Stevens Point male was cited for possession of marijuana near the 1200 block of Third Court.
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Local teenager earns Eagle Scout honors
Craig Beer, son of William and Peggy Beer of Stevens Point, and grandson of Merlin and DeAnn David of Nekoosa, will be honored at an Eagle Scout Court of Honor Ceremony to be held at a later date in Stevens ...
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Illegal sportsbook operator sentenced to 4 months in prison
A man who operated a $400 million Caribbean-based sports bookmaking operation for Wisconsin and Nevada managers was sentenced Tuesday in federal court to the four months he has been detained since his arrest.
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Doyle in Amherst Junction to announce grant money for farmers
Gov. Jim Doyle was in Amherst Junction Monday to award about $80,000 in grant money to help educate and train farmers interested in grazing their livestock rather than conventionally feeding the cows in barns.
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Dolores E. Ostrowski
Dolores E. 'Baby Doll' Ostrowski, 82, formerly of Amherst Junction, died early Wednesday morning, Aug.
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Court records
Operating while intoxicated: David Ryle, 46, Amherst Junction, had a judgment entered on his behalf to a guilty plea to charges of operating while intoxicated.
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Locals Drive Tractors to Church in Portage County
Many people take their cars, trucks, or vans to church every Sunday, but what about their tractors? That's what happened Sunday morning in Portage County.
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Rapids' first economic director's skills lauded
Intelligent, inquisitive and personable, with a tremendous work ethic. Those are some of the ways Michael Ostrowski has been described by those who know him personally and professionally.
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Brunch fosters dairy appreciation
AMHERST JUNCTION -- Last summer, it was the dry weather. This year, the record high fuel prices and salmonella outbreak in tomatoes have farmers on edge.
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Amherst Jct. family to host 29th annual dairy breakfast
The Groshek family has been running a dairy barn in Amherst Junction since just after World War II.
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Scholarships
Association awards scholarships The following scholarship awards were presented at the May 20 meeting of the Golden Sands Home Builders Association: Mike Helmrick, a graduate of Stevens Point Area Senior ...
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Man who ran gambling ring pleads guilty
An Indiana man who ran the Caribbean-based sports bookmaking operation for an Amherst Junction man pleaded guilty Friday in federal court to wire fraud.
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Down to Business: Dog groomer loves working with animals
Down to Business is a weekly feature highlighting some of the most interesting and influential people in the central Wisconsin business world.
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Editorial: Celebrate, learn about area's dairy production
As Wisconsin residents we probably have dairy on the brain. You can't drive on an interstate without seeing a serene pasture of cows, a billboard for the next cheese shop or dairy farm.
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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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