Bancroft, 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
| Bancroft, Wisconsin News |
Raymond Sanchez Jr.
Raymond 'Cala' Sanchez Jr., 58, 8353 Division St., Bancroft, died at home Dec. 2, 2008, following a lengthy illness.
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Letter: New Nekoosa water tower appreciated
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Almond-Bancroft students study forestry
On Oct. 20 and 22, seventh- and eighth-grade students from the Almond-Bancroft Middle School life science classes studied forestry skills as part of a unit on Wisconsin Trees and Forests at the Carrie Frost ...
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Demand heating up for microwave produce items
The Russet Potato Exchange, Bancroft, Wis., offers individually wrapped microwavable potatoes, including potatoes in the Disney Garden brand and for private-label business.
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Police
Theft: Around 4:04 p.m. Friday Sheriff's deputies responded to a burglary report on the 800 block of CTH N in the Town of Eau Pleine.
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Ruth A. Fuller
Ruth A. Fuller, 90, of Plover, formerly of Bancroft, entered eternal rest Wednesday Oct.
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Wills 65th wedding anniversary
Raymond and Bernice Wills of Wisconsin Rapids celebrated their 65th wedding anniversary on Sept.
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Family fun listing
The following family events will take place in Portage County during the next week.
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Todays births
Sept. 24, 2008 WOYAK, Nickole and David Jr., Hancock, a son, Marshel Jordan. Sept. 26, 2008 MILLER, Catherine and Jeremy, Custer, a son, Joshua.
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Todays births
Sept. 23, 2008 EBEL, Sara and Kevin, Plover, a daughter, Annabell Sophia. Sept. 24, 2008 REIMER, Amanda and Jason, Plover, a son, Nolan Michael.
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Pumpkin Fest offers 'something for everyone'
Not even a less-than-perfect growing season will keep those who grow pumpkins and other fruits and vegetables away from the 11th annual Nekoosa Giant Pumpkin Fest on Oct.
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Meetings
Today Village of Plover Police and Fire Commission, noon, municipal center. Agenda includes discussion and possible action on Police Department's use of force, firearms training range, EVOC/PIT, domestic ...
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Court records
Operating while intoxicated: Isaiah A. Garrett, 24, Bancroft, had a judgment entered on his behalf on a guilty plea to charges of operating while intoxicated.
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Names Released in Fatal Waushara County Car Accident
The Waushara County Sheriff's Department has released the names of the two men killed in Friday's car accident in Plainfield.
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Patrick L. Hotchkiss
Patrick L. Hotchkiss, 25, of Bancroft died Friday, Aug. 29, 2008, as a result of an accident.
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Russet Potato Exchange
In tandem with its continuing focus on increasing consumption of fruits and vegetables among children, Bancroft, Wis.-based Russet Potato Exchange has whipped up Disney Garden Single Bakers just for kids.
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School-supply program a big hit in Almond-Bancroft
Students picked out a new backpack at Almond-Bancroft School and traveled to different tables, asking for the school supplies on their lists.
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Evelyn Jane Lambert
Evelyn Jane Lambert, age 85, of Ripon, passed away on Tuesday, August 26, 2008, at her home.
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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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