Armstrong Creek, 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
| Armstrong Creek, Wisconsin News |
Goodman Centennial Attracts Thousands
Thousands of visitors flocked to tiny Goodman over the weekend to help celebrate the community's 100th birthday.
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Community : Beautiful weather in the Northwoods this weekend
Correspondent It was another beautiful weekend in the Northwoods, with a little rain on Friday.
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Sports : Volleyball clinic held in Armstrong Creek
Correspondent Last week, Goodman-Armstrong Creek head volleyball coach Michelle Kessel worked in the three allowed contact days with a clinic that she and assistant coach Nikki Millan conducted.
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Forest County Commission on Aging seeks to fill two vacancies
The Forest County Commission on Aging is looking for interested Armstrong Creek/Blackwell/Cavour/Laona/Newald/Wabeno residents to apply to fill two vacancies on the Commission on Aging Committee.
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Forest County Commission on Aging seeks to fill two vacancies
The Forest County Commission on Aging is looking for interested Armstrong Creek/Blackwell/Cavour/Laona/Newald/Wabeno residents to apply to fill two vacancies on the Commission on Aging Committee.
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Martha Lou Smith
Funeral services for Martha Lou Smith, 73, Fence, were held Saturday, March 14, at Fence Bible Church. via Peshtigo Times Wisconsin Community Ne...
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Martha Lou Smith
Martha Lou Smith, 73, of Fence, died Tuesday, March 11, 2008, in Armstrong Creek, Wis. via The Daily News
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Fundraiser interrupted
Goodman-Armstrong Creek's Fire and Rescue Squads hosted a chicken and spaghetti dinner Saturday from 3 to 7 p.m. at the Armstrong Creek Community Center. via The Forest Republican
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Road conditions across the state
The Wisconsin Department of Transportation has issued the following road conditions: I-39 Portage to Wausau: Ice-covered and hazardous I-43 Beloit to Milwaukee: Slippery stretches I-43 Milwaukee to Green Bay: ... via Wisconsin Rapids Daily Tribune
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Your School : G-AC kindergartners celebrate 100th day
"My mother said she was going to live be 100." Since school started, Goodman-Armstrong Creek kindergarten students have been counting the days. via The Forest Republican
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Albert Marinconz
Albert L. Marinconz, 85, of Norway, died Wednesday, Jan. 30, 2008, at Hoffmann's Paradise Community Base Residential Facility in Armstrong Creek, Wis. via The Daily News
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Police/courts
Wisconsin Rapids At 9:50 a.m. Wednesday, a pickup driven by Tamara L. Gordon, 41, Wisconsin Rapids, and a car driven by Eugene E. Meier, 55, Wisconsin Rapids, collided at the intersection of the Riverview ... via Wisconsin Rapids Daily Tribune
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State Honors Goodman Man As Hometown Hero
"The smell, and my dog that died with one brother. He stayed right with him. They (fire department personnel) carried them out together" State representative Jeff Mursau, Goodman fire chief Mike Stec, representing the Goodman-Armstrong Creek Fire and Rescue, and Jim LaChapell on behalf of the Town of Goodman each recognized and awarded Goodman ... via Peshtigo Times Wisconsin Community Ne...
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Updated DOT road condition report
Updated DOT road condition report Marshfield News-Herald As of 1 p.m. today, the Wisconsin Department of Transportation has issued the following road condition reports: I39 Portage to Wausau SNOW COVERED AND ... via Marshfield News-Herald
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Wis. DOT road condition report as of noon
The Wisconsin Department of Transportation released the following road condition report as of noon Tuesday: I-39 Stevens Point to Wausau: Slippery stretches I-90/I-94 ... via WisInfo
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FCP donate to Klondike Days
"If it had not been for the Potawatomi, we couldn't have been able to go this year." Vern Hollister - Correspondent Tuesday, shortly after noon, Al Milham, Forest County Potawatomi vice chairman, presented representatives from Eagle River's Klondike Days a check for $22,000. The contribution, ... via The Forest Republican
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Education update
Reedsville High School is holding parent meetings during January regarding issues that will affect students in the upcoming school year. via Manitowoc Herald Times Reporter
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Your School : New strategic plan in development for Goodman-Armstrong Creek Schools
In the past few months, the Goodman-Armstrong Creek School and a group of volunteers, including county board members and staff from Marinette County, have been meeting to discuss a revisions of the strategic ... via The Forest Republican
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Forest County Solid Waste and Recycling Committee meet with Zoning Committee to discuss changes
"I make them do it right when they're there. People know to watch out for me." As Forest County Recycling Coordinator Pam LaBine read the names and handed out folders, the "Here's" and hands reaching out provided a call to order of county town names as if taking class attendance: Alvin ... via The Forest Republican
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Goodman-Armstrong Creek Lions Club feeds senior citizens
"We sponsor the boy scouts, and we help send disabled kids to the Lions Camp in Rosholt. There's no cost to go there, except for transportation." Sunday from 11 a.m. to 1 p.m., Goodman-Armstrong Creek's Lions Club fed approximately 145 area senior citizens as well as delivered 60 other meals to area shut-ins or those who did not wish to venture out into ... via The Forest Republican
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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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