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Brownsville, 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.

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Brownsville, Wisconsin News
Ridgerunner Reports: Telemetry teams track 10 tagged tundra swans

Though we have seen tundra swans in the region throughout November, I learned Thanksgiving week that some of them were actually transmitting the story of their journey through radio telemetry.


Ridgerunner Reports: Coulee Region offers much for which to be thankful

The French who explored this area around 200 years ago certainly admired the ridges, hills and valleys they found here.


County board to consider emergency calling system

The Dodge County Board of Supervisors will consider the purchase of a countywide, high-speed telephone communication system, when it meets Wednesday, Nov.


Church Notes

The parishes of St. Mary Catholic Church in Lomira and St. Theresa Catholic Church in Theresa will host a fall festival from 4 to 8 p.m. Sunday, Nov.


Lomira FFA hosts bulk birdseed sale Saturday

The Lomira FFA will be holding its annual bulk birdseed sale in cooperation with Jacobson's Farmers Supply from 8 a.m. to noon Saturday, Nov.


Northern Dodge County News & Notes

Spaghetti supper Lomira's annual Election Day spaghetti supper will be held from 5 to 7:30 tonight at Trinity United Methodist Church.


Family commitment is the glue that holds Wisconsin shops together

To say Dreher Collision Center - with locations in Appleton and Brownsville, Wis.


Man accused of running over goose tells police he has issues with animals

An 18-year-old Brownsville man accused of intentionally killing a Canada goose this summer was back in court this week.


Northeast Dodge County News

The annual American Legion baseball benefit breakfast will be held from 7:30 a.m. to noon Sunday, Nov.


Supervisors table jail pod addition request

A request to proceed with designing two additional jail pods at the Dodge County Detention Facility was laid over by the Dodge County Board of Supervisors Tuesday night until after the budget is approved.


Forward Energy Center

Proponents of wind energy, including Gov. Jim Doyle, were on hand Wednesday at the Forward Energy Center dedication ceremony and open house at the Brownsville Community Center.


Taverns are a hotbed of grass-roots politics

Jim Polster, who owns MJa s Food & Spirits in Brownsville, is one blade of grass in the Tavern League of Wisconsina s grass-roots operation.


Northeast Dodge County News & N

The Brownsville Public Library will be hosting a special Spanish cultural program at 6:30 p.m. Wednesday, Oct.


Builders association inducts officers

The Home Builders Association of Fond du Lac and Dodge Counties Inc. held its annual induction ceremony on Sept.


Ridgerunner reports: October is a time for preparation

Last Wednesday, I enjoyed the beautiful weather by touring the Mississippi River from La Crescent, Minn., to Lansing Iowa, and then back up the East side to my home in La Crosse.


Rosemary Dooley

Rosemary Catherine Niland Dooley, 94, of Boca Raton, Florida, passed away on Oct.


Works come alive at the hand of a scroll saw

Making birds, dogs, flowers - even a bride and groom - come alive in his woodshop is much like a jigsaw puzzle.


Girls + Math + Science = Opportunities conference kickoff

The conference, set for Saturday, Nov. 15, at the University of Wisconsin-Fond du Lac, invites middle school girls in Grades 6 to 8 to a day-long event designed to increase awareness of careers in math and ...


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