Athelstane, 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
| Athelstane, Wisconsin News |
Tales from the old-timer
What Shall We Call the New Road? Marinette County has four roads named Aspen Lane.
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Gospel Group At Churches Oct. 19
The Presbyterian Churches of Athelstane and Wausaukee announce there will be a performance of the Northwoods Gospel Group during worship on Sunday, Oct.
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Wausaukee Votes 72 to 71 For "At-Large" School Board
As a result of an extremely close 72 to 71 vote at the Wausaukee School District Annual Meeting Wednesday, Oct.
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Over 112 Units In Amberg Parade
The Amberg Firemen's Picnic held Saturday, Aug. 30 at Amberg Fireman's Park "seems to get bigger and better every year", according to Fire Chief Dave Grube, "because the whole community gets behind it". It also ...
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County Fair Funds, Library Projects Are Meeting Topics
The Marinette County Building and Grounds Committee meeting Tuesday, Sept. 9 at the Wausaukee Fair Grounds Office starting with a one hour and 15 minute tour conducted by Dave Gross of the Fair Board.
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Mursau Discusses School Funding At WTA Meeting
"Please, please, please, do it right," Wisconsin Towns Association spokesman Marilyn Behnd urged town officials at the quarterly meeting of the Marinette County Unit at Wausaukee Thursday, Aug.
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Wausaukee Voters Say Yes To School Referendum
Wausaukee School District voters streaming to the polls Tuesday, Aug. 19 voted nearly two to one in favor of a referendum they know will raise their taxes, and hope will save their school.
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No Plowing Private Driveways, Roads
Plowing of private driveways and roads, variance permit and action on a ordinance violation were among items of business when the Athelstane Town Board met Wednesday, Aug.
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Presbyterian VBS At Athelstane Church
The Athelstane and Wausaukee Presbyterian churches invite children ages 5 and older to "ride the wave" of God's love at summer Vacation Bible School Beach Part: Surfin' Through the Scriptures.
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Country Cousin
Expression... Hi Folks! July is all but gone! How sad. Stores are pushing "Back to School", and it's only a couple of weeks before the kids will be needing those things.
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Wegner, Richard L.
Richard L. Wegner, 67, Athelstane, passed away at a local hospital on Wednesday, July 23, 2008.
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Wausaukee School Board Proceeds With School District Dissolution
With just one dissenting vote on Tuesday, July 8, Wausaukee School Board approved a resolution that will almost surely lead to dissolution of the school district effective July 9, 2009, should the voters reject ...
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Athelstane Amends Fire Dept. Bylaws
Amending the constitution and bylaws of the Fire Department, awarding liquor and operator licenses and culvert aid petition were among items of business when the Athelstane Town Board met Wednesday, June 11, ...
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Wausaukee Voters To Decide School Referendum June 24
On Tuesday, June 24, School District of Wausaukee residents will vote on a referendum that could decide whether or not the school continues to exist.
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Referendum Info Meeting Dates
Wausaukee-Two referendum information meetings for the June 24 Wausaukee School election remain.
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Old School Comes Down
The long standing Wausaukee controversy over the fate of the old school building appears to be over. via Peshtigo Times Wisconsin Community Ne...
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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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