Baraboo, 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
| Baraboo, Wisconsin News |
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Ultralight Migration Leads 14 Endangered Whooping Cranes over the Skies of Kentucky
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Community neighbors
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"Through the Eyes of John Muir" painting to benefit Wisconsin's endangered resources
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35 communities looking for Brownfields dollars for redevelopment projects
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WISC-TV meterologist suspended, faces incest charges
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Woman who died in Baraboo River crash is identified
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Woman From Ukraine Found Dead In Baraboo River
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Wisconsin Dells / Nursing home worker charged
The Wisconsin Department of Justice has charged a nursing home worker with fondling three patients.
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Waupun woman, 19, killed in Sauk County crash
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Tomah Lake Committee chair completes Lake Leaders Institute course
Tomah Lake Committee chair Joe McDaniel was recognized for completion of his training for the Lake Leaders Institute at a graduation ceremony at the Aldo Leopold Shack near Baraboo on Oct.
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Giving credit for life to the Almighty
I was born Oct. 12, 1926, in Baraboo, Wis., home of the Ringling Bros. circus family.
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Residents warned of rise in thefts
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CrimeTracker 15: Purse Thefts Plague Baraboo
Recently the City of Baraboo Police Department has received increased calls as a result of purses being stolen.
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Endangered cranes cross into Illinois
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Baraboo man gets jail time for sex assault
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Pseudo Sanctuary Boasts New Accidental Cubs
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Complaint: 'Crash Victim' Near Dells Was Beaten
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Suburban Man Gets 2 Years For Wisconsin Dells Rape
Nov 6, 2008 6:17 am US/Central Jonathon P. Moles Sexually Assaulted 15-Year-Old BARABOO, Wis.
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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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