Clintonville, 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
| Clintonville, Wisconsin News |
Military notes for Nov. 30
Army National Guard Pvt. Justin B. Coel has graduated from Basic Combat training at Fort Sill, Lawton, Okla.
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Football: North's Wara is first-team all-state at linebacker
The Wisconsin Football Coaches Association recently announced its 2008 All-State football team and the area had some players receive recognition, including a first-team pick.
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Clintonville-area fish barn destroyed by fire
CLINTONVILLE - A fish farm has been destroyed by fire in Waupaca County. A large building housing tanks of fish caught fire late Sunday night near Clintonville.
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James Harold Dieck
James Harold Dieck, age 63, of River Falls, WI, died peacefully at home on Nov. 15, 2008.
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Stichman-Hoffmann, Pamela Joy
Pamela Joy Stichman-Hoffmann, 58, Spooner, Wis., passed away on Friday, Nov. 14, 2008, at HospiceCare, Inc., Madison.
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Gerald Laux of Clintonville charged with beating dog and breaking its back
A 50-year-old Clintonville man is charged with felony mistreatment of an animal for beating a dog so hard one of the animal's vertebrae was displaced.
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Veterans Day Programs and Events
ALMA 10:40 a.m. Ceremony at the Alma Area Schools at S1618 State Road sponsored by American Legion Post 224 and Auxiliary CLINTONVILLE 11:00 a.m. Program at the Dam on Main Street sponsored by VFW, AL, and DAV ...
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Acevedo, Ernesto
Ernesto Acevedo, 40, South Berwick, Maine, formerly of Bear Creek, passed away Thursday, Nov.
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Fourth annual belly dance fundraiser set for Nov. 8
In conjunction with National Domestic Abuse Awareness Month in October, belly dancers and musicians from throughout Wisconsin will gather to support local non-profit agencies who serve women, children and ...
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Wisconsin Guard officials: Unit more prepared than ever
Fighting in foreign lands is nothing new for the Wisconsin Army National Guard's 32nd Infantry Brigade Combat Team.
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Fox Cities Chamber's annual meeting Oct. 28
APPLETON - The Fox Cities Chamber of Commerce & Industry annual meeting will be held at 5 p.m. Oct.
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Gordon A. Goetz
Gordon A. Goetz, age 85, of the Pine Manor Health Care Center, Embarrass, formerly of Clintonville, passed away on Thursday, October 16, 2008 at the Shawano Medical Center.
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Refresh: Criminal investigation moves forward in conspiracy probe
In January 2006, the parents of Olympic wrestler Garrett Lowney, Steve and Malia, of Freedom, were the targets of a lawsuit filed by the owners of a Clintonville dairy farm.
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State has $15 million incentive to get us to buckle up
If drivers knew they could get pulled over simply for not wearing seat belts, they would be more likely to use them.
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Journal to buy Waupaca Publishing
Journal Community Publishing Group said it will buy the assets of Waupaca Publishing Company for approximately $7 million.
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Stevens Point Area Music Teachers Association announces scholarship winner
The Stevens Point Area Music Teacher's Association announced the winner of their annual scholarship.
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Williams Sr., Claude N.
Claude N. Williams Sr., Neenah, passed away Sunday, September 21, 2008. He was born December 13, 1921, in Arno, Wise County, VA, son of the late Willis Ray and Jessie Williams.
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Melissa Sue Bobholz
Melissa Sue Bobholz, age 27, of Milwaukee, formerly of Oshkosh, a vibrant young woman with a zest for life and learning, joined hands with Jesus and entered heaven Friday morning, September 19, 2008.
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Magolski, Elsie E.
Elsie E. Magolski, 95, Clintonville, passed away Thursday, Sept. 18, 2008, at KindredHearts of Clintonville, where she had lived the past six years.
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Maas, Sr. Melvin H.
Melvin H. Maas, Sr., 86, of Appleton, died Tuesday, September 16, 2008, in Appleton.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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