Coleman, 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
| Coleman, Wisconsin News |
Coleman FBLA Gives to Library Book Campaign
The Coleman High School Future Business Leaders of America chapter recently donated a collection of 33 newly purchased books for children ages infant to teen to the Coleman Area Library's Give-A-Kid-A-Book ...
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Wollers Mark 39th Wedding Anniversary
Tom and Sandy Woller of Coleman recently celebrated their 39th anniversary with a trip to their second home at Amelia Island, Fla.
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Coleman-Pound Library Craft, Bake Sale Dec. 5
The Coleman-Pound Library will have a Thanksgiving program for children on Monday, Nov.
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Coleman Area Food Drive Nov. 27-Dec. 7
The Coleman High School Student Council and FBLA are working together with high school and elementary students, local businesses, service organizations and community members to help those in the local community ...
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Kniskern, James K.
James K. Kniskern, 80, of Crivitz died Sun., Nov. 9, 2008, at the V.A. Medical Center, Iron Mountain, Mich.
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Spotlight
Local students were named to the University of Wisconsin-Madison spring semester dean's list.
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FFA Sells Fruit, Nuts, Popcorn
The Coleman FFA is selling fruit, nuts and popcorn through Nov. 14. For prices or purchasing, contact any Coleman FFA member or call 920-897-2291 ext.
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Bohl, Wayne J.
Wayne J. Bohl, 57, Oconto, died Tuesday morning, Oct. 28, 2008, at Bellin Hospital in Green Bay.
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Zeitler, Merlin G.
Merlin G. Zeitler, 81, well-known businessman of W7735 County B, Coleman, died Thurs., Oct.
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Village Of Coleman Sets Clean-Up Day For Oct. 18
Clean-up day will be held Saturday, Oct. 18 from 9 a.m. to 3 p.m. in the Village of Coleman.
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News in Northeastern Wisconsin
A public forum titled "Sustaining Our Food: Our Health, Our Livelihoods" will focus on sharing sustainable food practices and celebrating local businesses that strengthen the local food system.
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Sustainable food practices is topic of forum
The public is invited to attend 'Sustaining Our Food: Our Health, Our Livelihoods,' a forum and food fair dedicated to sharing sustainable food practices and celebrating local businesses that strengthen the ...
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CHS 1988 Class Reunion Oct. 25
The Coleman High School Class of 1988 will hold their 20th year reunion on Saturday, Oct.
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Coleman at Peshtigo
In the M & O, first place was on the line with Coleman visiting Peshtigo. Both teams remained unbeaten in conference play.
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Column: Deerhunters group bags fun at banquet
Wisconsin Deerhunters Lakeshore chapter had its annual banquet recently at the Club Bil-Mar. Many guns and sporting items were won by participants, including a nice Mossberg .270 rifle that I took home.
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Prep football: Coleman powers past Suring
The Coleman Cougars proved at Suring last Friday night that they are bonafide M&O Conference title contenders, as they rolled over an inexperienced band of Suring Eagles, 52-12. This Friday, Suring is at ...
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Volleyball roundup: West/Southwest boys beat Neenah
Taylor Sullivan had 13 kills and 10 blocks, and Adam Barnstorff provided 32 assists as host Green Bay West/Southwest topped Neenah 21-25, 25-11, 25-21, 25-19 on Tuesday in a Fox Valley Association boys ...
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Saunders, Patrick Coleman
Patrick Coleman Saunders, age 30, of Madison, WI, died in an accident early this week.
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Behnke, Audrey M.
Audrey M. Behnke, 78, Green Bay, passed away Sept. 7, 2008, at a local hospital, surrounded by her family.
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Move-in day filled with mixed feelings
Misty-eyed parents and very excited freshman filled the University of Wisconsin-Oshkosh residence halls for much of the day Sunday.
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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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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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