Aniwa, WI Divorce Buyout in Wisconsin
Since 1979 Somerset Mortgage Lenders 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
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Campus news
Thomas, St. Paul, Minn.: Marisa Wachtel, Wausau; Tiffany Totzke, Edgar; and Michelle Curran and John Gummerson, both of Medford.
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Demolition derby a splash hit
On the last evening of this summer's Wisconsin Valley Fair, as the action was winding down on the midway, a low rumble could be heard coming from the grandstand.
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One of two drivers in the three-vehicle crash near Aniwa last week suspected of drunk driving was not intoxicated, the Shawano County Sheriff's Department said Tuesday.
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More of this story
One of two drivers in the three-vehicle crash near Aniwa last week suspected of drunk driving was not intoxicated, the Shawano County Sheriff's Department said Tuesday.
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Overnight Crash in Aniwa Sends Four to Hospital
The Shawano County Sheriff's Department is investigating a three car crash that sent four people to local hospitals about 11:00 p.m. Wednesday.
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Take the bite out
Area doctors and health officials say taking simple precautions could cut the risk of insect-borne illnesses this summer.
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Column: Wausau man's destiny shaped by the saxophone
The ability to play the alto saxophone just might have saved Jerry Reynolds' life.
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Area Fourth parades, other events are listed
The countdown to the long July Fourth holiday weekend is underway, with celebrations spread across the calendar.
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$15,000 fails dog sniff test
A man locked up in the Langlade County Safety Building jail expected to be out and about after a friend posted a $15,000 bond last week- but he and his pal may be in even more trouble.
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State ranks fourth in production of maple syrup, Vermont is tops
Wisconsin trails only three states in production of maple syrup, according to figures collected in New England.
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Bits and Pieces for June 7, 2008
For years members of one family have delivered the papers in Aniwa and when we reinstated stops in Birnamwood, they rolled along with those, too.
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Gloria Dei welcomes new pastors
NEENAH - Gloria Dei Lutheran Church recently hired the husband-wife team of Jon and Tabitha Gallatin as pastors of its congregation.
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Area communities plan Memorial Day programs
The northwoods will pause in its summer kickoff revelry on Monday to honor those who have given their lives in defense of the nation.
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State Rep. welcomes challenger to race
"I'm just looking forward to a great opportunity to have a healthy debate about things people care about" Although she is not yet ready to officially kick off her re-election campaign, state Rep. via Wausau Daily Herald
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One way or the other, party crowd here loses
"For parents and young people alike, this could come back to haunt you" Despite the best efforts to curb them, when the temperatures warm and social events heat up, it is time for young people to party. via Antigo Daily Journal
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Campus news
Marathon County students with Highest honors, 4.0, include Jamie Fischer, Edgar; Lindsay Jozwiak, Hatley; Chong Xiong, Mosinee; and Alexandra McManus, Amanda Polzer, and Heather Williams, all of Wausau. via WisInfo
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Wilfred 'Wink' Resch
Wilfred 'Wink' Resch of Birnamwood died Thursday, Feb. 21, 2008, at Eastview Medical and Rehabilitation Center. via WisInfo
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CVA's exhibit links patronsto artists
Four artists focus on the interconnectedness of all things in a new exhibit set to open Friday at the Center for the Visual Arts in Wausau. via WisInfo
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Larry A. Gunderson
Larry A. Gunderson, 70, Aniwa, died Sunday, Feb. 10, 2008, at Aspirus Wausau Hospital. via WisInfo
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Carbon monoxide killed woman in Aniwa fire
ANIWA - An autopsy conducted last week revealed that an elderly woman whose body was found after a fire died from carbon monoxide poisoning. via WisInfo
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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