Belmont, 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
| Belmont, Wisconsin News |
Schmidt, James P. 'Jim'
James P 'Jim' Schmidt, 80, passed away on Friday, Nov. 21, 2008, at Belmont Nursing Home and Rehabilitation Center, Madison.
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A dairy goat research herd in America's Dairyland?
Friday, October 24, 2008, 4:31 PM by Bob meyer When one thinks of Americaa s Dairyland, most think of cows, but some think of sheep and goats.
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Economic seminar Sept. 23 in Belmont
BELMONT, Wis. -- Chris Gibbons, director of business and industry affairs for Littleton, Colo., will speak at a one-day economic development seminar Tuesday, Sept.
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Couple screens kids for eye problems
BELMONT, Wis. -- Charlie Miehe has seen many pairs of eyes. "Probably 12,000 or 15,000," said Miehe, a retired Belmont dairy farmer who has been screening kids' eyes for correctable problems for eight years.
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Air Force honors Darlington native
Air Force officials named Tech. Sgt. Tammy Shaw of Wright-Patterson Air Force Base, Ohio as one of the service's 12 Outstanding Airmen of the Year for 2008.
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- 23-year-old Shullsburg man drowns at Lake Joy
BELMONT, Wis. - A 23-year-old Shullsburg man drowned Sunday night at the Lake Joy campground in Belmont Township.
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Man drowns while swimming in southern Wis.
Lafayette County sheriff's officials have recovered the body of a missing swimmer from a lake in Belmont Township.
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Wisconsin DNR seeks input on grasslands proposal
FITCHBURG, Wis. - The state Department of Natural Resources will hold open house/public information meetings to gather further public input on a proposed Southwest Wisconsin Grassland & Stream Conservation Area ...
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Construction stop at grain elevator near Belmont extended 90 days
A temporary halt in construction at a controversial grain and corn elevator at a building site on Highway 151 outside Belmont was extended by 90 days by a Lafayette County Circuit Court Judge William Johnston.
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Platteville-area trail in limbo
An online petition is available at: www.thepetitionsite.com/petition/366043362 . PLATTEVILLE, Wis.
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Belmont battle like Hatfields & McCoys
If you don't like our 1.5 million-bushel corn bin and dryer set up across the street from your hotel bedroom, wait until you get a whiff of our hog farm.
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Cows take center stage at fair
Emma Lee, 12, of Belmont, Wis., walks a cow back to the barn after giving it a bath Thursday at the Lafayette County Fair in Darlington, Wis.
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A soggy start to the fair season
The Wisconsin fair season arrives with a literal splash this week in Lafayette County and in Elroy, the opening acts for more than 70 other venues around the state that will host fairs throughout the summer, ...
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Local fare goes beyond the Farmers Market
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Happy Birthday Wisconsin
"At least I won't have to go all the way to Belmont." Wisconsin Territory Wisconsin Territory became an organized territory of the United States by an act of U.S. Congress passed on April 20 , 1836 which went into effect on July 3 , 1836 . via Wigderson Library & Pub
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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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