Arpin, 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
| Arpin, Wisconsin News |
Courts
* Ashley L. Martens, 19, of W4323 Highway C; possession of marijuana and possession of drug paraphernalia; one year probation and $889 fine.
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Arpin ready for Christmas parade
The Arpin Advancement will hold its fourth annual Christmas parade Dec. 13. This year, a new addition to the Christmas parade will be the lighting of Kandy Kane Park along with Santa for the children after the ...
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Courts
Kevin J. Krieger, 39, of 9423 Dexter Wood Road, Pittsville; drunken driving; 10 days in jail with work release and credit for one day already served, 12-month driver's license revocation, $904 fine and alcohol ...
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Daily records
18. * Araya Mesfin, Atlanta, Georgia, and Amber L. Shewert, Grand Rapids, Nov. 21. * Ryan Ortner and Morgan R. Huber, both of Pittsville, Dec.
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Police/courts
Sigel At 3:34 p.m. Monday, a car driven by James W. Johnston, 35, Oxford, went out of control on Highway 13, near Schroedel Road, entered the ditch, rolled twice and landed on its wheels.
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Lester H. Wunrow
Lester H. Wunrow, 86, Marshfield, died Thursday, Nov. 13, 2008, at his home. Funeral services will be held at 1:30 p.m. Monday, Nov.
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Marshfield Senior High class marks 50th reunion
The Marshfield Senior High School class of 1958, which graduated 153 people, celebrated its 50-year class reunion Oct.
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Monday's police reports
A 36-year-old Arpin man was cited for illegal use of a cell phone while driving at 3:44 a.m. Saturday near the intersection of North Central Avenue and Blodgett Street.
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Daily records
15. * David R. Westfall and Carrisa L. Irwin, both of Wisconsin Rapids, Nov. 15. * David D. Derezinski, Vesper, and Heidi M. Derenzinski, Wisconsin Rapids, Nov.
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Daily records
S. * At 7:27 a.m. Monday, an Arpin woman reported the theft of five calves from a farm in the 8200 block of Arpin-Sherry Road.
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Vruwink wins re-election
Incumbent Amy Sue Vruwink defeated challenger Dennis Seevers for a fourth term as the representative for the state Assembly District 70 seat.
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Norman Elmer Severt
Norman E. Severt, 99, died in Phillips, Oct. 27, 2008. He was born May 31, 1909, in Auburndale.
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From Central Wood County in Communities
The Arpin Fire Department gets $5,000 and a new piece of equipment. Students from Wood County participate in conservation speaking and poster contests.
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Daily records
30, 2008. * Travis J. Lube, 20, Marshfield, was sentenced to four years of probation, fined $369.25, had his driver's license suspended six months, and must obtain any counseling deemed necessary for marijuana ...
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Edith C. Bernitt
Edith C. Bernitt, 87, Auburndale, died Thursday, Oct. 30, 2008, at Bethel Center, Arpin.
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Today's death notices
Michael G. Weber Michael G. Weber, age 43, of S779 West Mann Road, died on Wednesday, Oct.
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Dennis Seevers, Amy Sue Vruwink differ on economic fixes
When it comes to the state economy, things in Madison just aren't working, one local legislative candidate said.
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Police/courts
Wood County Roger W. Pietz Jr. and Tabatha J. Droste, both of Wisconsin Rapids, Nov.
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Homeroom
The Auburndale Area Youth Football and Cheerleading program will host an all-you-can-eat chili feed from 10 a.m. to 2 p.m. Sunday in the high school cafeteria.
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Editorial: Experience wins out for Rep. Vruwink
Editor's note: Members of the News-Herald editorial board participated in an interview session with incumbent Amy Sue Vruwink, D-Vesper, and challenger Dennis Seevers, R-Arpin, for the District 70 Assembly ...
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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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