Antigo, 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
| Antigo, Wisconsin News |
Red Robins fall, 5-2, to Wausau West net crew
Antigo got wins from a single and a tandem, but fell short in a 5-2 road decision against the Wausau West tennis team Tuesday.
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League action begins at North Star Lanes
With the turn of the calendar, league bowling has returned to Antigo's North Star Lanes.
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Why not celebrate centennial of Antigo-Rhinelander game Friday?
Official records go back only as far as 1908, when the Rhinelander High School football team beat Antigo, 6-0. So why not call Friday's 74th Gene Shepard Bell clash between the Red Robins and the visiting ...
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Change Planned For Stalled Antigo Bridge Project
A bridge replacement project that hit a snag at the halfway point - after the existing bridge over the Wolf River was gone - could soon be back on track.
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Plan for a new Highway A span Nov. 1
In a matter of less than two months - if all goes well - cars, logging trucks and school busses will be rolling over the Wolf River on Highway A on a new bridge.
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Necessity is the mother of invention for Antigo pair, it's called Bag-A-Lot
What started as a homespun way to stash recyclables has developed into a clever invention-with great potential-for Trace and Penny Zima of Antigo.
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Antigo strikers suffer 4-1 loss to Indians on Mosinee pitch
It's roster lighter than normal, the Antigo High School soccer team opened Great Northern Conference play with a 4-1 road loss to Mosinee Tuesday.
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Remington, Wild pick up local track titles
Two Antigo drivers picked up track championships as the regular season of racing ended at the Langlade County Fairgrounds speedway Friday night.
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Hidden Places: Lodge on the Wolf has a storied history
Over the last 89 years, it has evolved from a rough trout fisherman's camp to an upscale resort touted in some of the nation's finest travel magazines.
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Bridge is gone and replacement stalled near Antigo
A county highway that crossed the Wolf River near Antigo is getting lots of attention, because there's no longer any bridge and the plans for replacing the span have been stalled.
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Antigo harriers short-handed at Columbus meet, results mixed
Injuries and exhaustion hampered the Antigo High School cross country team on Saturday in Marshfield, where the Robins opened their season at the Columbus Invitational.
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Laker volleyball team sweeps Marinette
White Lake picked up the sweep at Marinette on Friday as both the varsity and J.V. volleyball teams scored wins.
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Elcho school board approves tax levy, but care spending boost fails
An attempt by Board President Brian Flannery to boost child care spending fell short Monday, when voters in the Elcho school district approved the 2008-09 tax levy.
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School board to eye '08-09 spending
The Antigo school board will examine a 2008-09 spending plan that will see the levy unchanged from last year when it meets Tuesday for the budget hearing and August session.
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Doyle offers real boost to local gear industry
Wisconsin Gov. Jim Doyle gave Antigo a real boost Wednesday evening in his address to the Democratic national Convention in Denver.
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Red Robin strikers bring enthusiasm and renewed expectations to 2008 campaign
You have to hand it to the Antigo High School soccer team. After posting a winnless season its final year as a member of the Wisconsin Valley Conference, the Red Robins turned out in even bigger numbers for ...
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Antigo junior varsity gridders win 38-32 nail-biter with West
The Antigo junior varsity football team scored on each of its first five possessions in a 38-32 season-opening win over Wausau West at Schofield Stadium.
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Rising fuel prices, a bridge project changes the role of Pickerel store
Rising gas prices, a summer bridge project that sliced a main artery to the south and a bustling lake population are combing to spell success for Lotter's BP in Pickerel.
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Potato problem: Offer reward for pivot data
The Antigo-based Wisconsin Potato and Vegetable Growers Association announced that a fund has been established to offer a reward for information leading to an arrest and conviction of any individual or group ...
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'Junk' thefts soaring in area
The Langlade County Sheriff's Department is seeing its worst outbreak of property crimes in over a decade and the theft of what many people might consider junk is at the top of the list.
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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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