Cadott, 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
| Cadott, Wisconsin News |
Assault suspect on supervision during alleged crime
A registered sex offender who allegedly assaulted a Marshfield woman at gunpoint Tuesday was on supervision for a prior first degree sexual assault and burglary while armed at the time of the crime, said Gena ...
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Authorities: Marshfield Woman Assaulted at Gunpoint; Suspect Found Dead
Authorities say a suspect in a sexual assault earlier today in Marshfield has been found dead.
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Sheriff: Cadott man accused of assault, found dead
A 36-year-old Cadott man is believed to have sexually assaulted a woman in Marshfield and then went home and shot himself to death.
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Records: Tuesday, Nov. 25
Lottery Powerball Saturday: 17, 19, 26, 32, 45. PB: 14. PP: 4. One winning ticket sold in Indiana.
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Five from family injured in Highway 29 crash
A van carrying eight people slid off Highway 29 Monday night, causing injuries to the five who were not wearing seat belts.
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Two attorneys file for open judge's seat
Two attorneys have announced they intend to run for a vacant Chippewa County judge seat.
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Cadott lawyer Isaacson announces he's running for judge
Attorney James Isaacson of Cadott is touting his experience as an attorney and court commissioner as well as his abilities as a mediatior in his run for Chippewa County judge.
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Cadott Junior High receives recognition
Cadott Junior High School has been placed on the Association of Wisconsin School Administrator and Department of Public Instruction's Exemplary Middle School list.
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Cadott man charged with rape
A Cadott man has been charged with the September 2007 forcible rape of a 23-year-old woman.
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Dead Man Was Wanted In Chip. Co.
The man who was shot and killed by a Stevens Point police officer was a Ladysmith resident who was wanted in Chippewa county.
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Records: Wednesday, Nov. 5
Lottery Powerball Saturday: 4, 6, 26, 40, 41. PB: 15 PP: 4. Megabucks Saturday: 3, 11, 14, 22, 25, 47.
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Eau Claire County death certificates rising $25
Dying in Eau Claire County will be $25 more expensive next year. In keeping with the old adage that the only two things for sure in life are death and taxes, the County Board approved increasing the fee for a ...
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Courts
* Jeffrey L. Dumler, 21, of 300 W. Mill St., Spencer; fourth-degree sexual assault, misdemeanor bail jumping and obstructing an officer; 90 days in jail with work release, two years probation, $652 fine, and ...
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Chippewa County preliminary budget cuts spending
The tax levy in Chippewa County would rise 3.2 percent next year but overall spending and the tax rate would drop, according to a preliminary budget.
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Two teens charged with assault near school
Two young men have been charged with being a party to the crimes of substantial battery and misdemeanor theft for their parts in an assault near Chippewa Falls Middle School Aug.
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Allan R. Prior
LOYAL -- Allan R. Prior, 77, of Loyal died Tuesday, Oct. 21, 2008, at Saint Joseph's Hospital, Marshfield.
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Records: Sunday, Oct. 19
Lottery Powerball Saturday: Unavailable at press time. Megabucks Saturday: Unavailable at press time.
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Cadott superintendent announces retirement
Guy Habeck, the superintendent of the Cadott School District for nearly 15 years, will retire at the end of the school year in July 2009.
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Cadott superintendent to retire
After 15 years with the Cadott school district, Superintendent Guy Habeck plans to retire at the end of the school year.
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Trip makes teen's 'wish' come true
Jennifer Jacobson didn't talk long about the heart disease that already has caused one of her lungs to quit absorbing oxygen.
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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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