Coon Valley, 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
| Coon Valley, Wisconsin News |
Coon Valley residents must register their pets
Residents in the village of Coon Valley are encouraged to register their cats and dogs before they receive a notice and possible fine for failing to do so.
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The holiday spirit shines in Coon Valley
The spirit of the holidays will officially kick off in the village of Coon Valley on Friday, Nov.
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Historically speaking...
The Valley by Hjalmar Holand, published 1928. Continued from last week The following valleys join Coon Valley to the north.
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Council supports shuttle service
Vernon County Unit on Aging Mobility Manager Lynda Wilke gave a presentation to the Westby City Council urging their support for a proposed shuttle bus service between Viroqua and La Crosse, which would also ...
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Thanksgiving Community Dinner planned in Westby
"It doesn't seem possible that 16 years have passed since we began holding the community dinner at Our Savior's Church.
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Historically speaking...
The Valley by Hjalmar Holand, published 1928 Continued from last week Coon Valley has numerous branch valleys, most of which are named after the first settler.
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Historically speaking...
The high wooded ridges - one is 500 feet high - act as a protective wall around the entire valley and provide a sense of peace and security.
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Veterana s Day program Nov. 11
The 2008 annual Westby Veterans Day program will be held in the Westby Area High School auditorium/gym on Tuesday, Nov.
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Could Coon Valley get a million dollar cat house?
Tabby Town, a cat rescue house operated by Ted and Marie Glover of rural Westby, is looking to relocate its current feline facilities to the village of Coon Valley, after a benefactor of the cat rescue offered ...
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Debate covers issues
The Viroqua Professional Business Women held a political debate on Tuesday, Oct.
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Loans with no interest offered for business undergoing flood recovery
Businesses in Vernon County with 50 or fewer employees are eligible to receive low-interest loans to recover from damage in the June 2008 flood.
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A Look at the Norskedalen
This Norskedalen, or Norwegian valley, sits on more than 400 acres of land near Coon Valley, and it draws in people from all over the world.
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Women volunteers ignite the spark for Coon Creek Fire and Rescue
The United States Marines might be looking for a few good men, but Coon Valley Fire and Rescue Chief Russ Cornford has a reason to be proud with a crew of good men on board, plus seven dedicated women on the ...
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Corn maze trip Oct. 4
Hey kids, mark your calender. If you're feeling adventurous and want to have a lot of fun, as well as getting plenty of exercise, plan to join the Coon Valley Area Youth Foundation this Saturday, Oct.
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Carving Out A Name
Title: CARVING OUT A NAME Wood carving is a proud Scandinavian tradition, a tradition that is deeply entrenched in not only Becky Lusk's Norwegian heritage, but her family as well.
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Local Fire Prevention Week activities planned
The theme for the 2008 Fire Prevention Week, scheduled for Oct. 5-11, is "Preventing Home Fires", with cooking fires being the number one cause of home fires and home fire injuries On Saturday Oct.
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Ridgerunner reports: September offers a taste of all seasons
WHADZAT?: An exhibit at Norskedalen shows the skeleton of a mouse-sized critter with a long tail and finger bones almost as long or longer than its arms.
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Some mealsites for senior citizens may close due to budget cuts
The Vernon County Unit on Aging will likely close two mealsites for senior citizens and drastically reduce services at other mealsites to meet county budget cuts.
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Surround care in need of numbers
In March of 2008, the Westby Area Board of Education voted to move forward with a plan to offer surround care for children age four to 4th grade as a way of increasing their enrollment through the ...
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Clock is ticking in CV for Coon Creek repairs
Three months after a second flood destroyed the banks of the Coon Creek the clock was ticking for the Coon Valley Board to approve extensive flood clean-up efforts in Veteran's Memorial Park, an action item ...
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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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