Cross Plains, 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
| Cross Plains, Wisconsin News |
Tragic death leaves a friend with a mission
Paula Buege, special-needs liaison at Glacier Creek Middle School in Cross Plains, says Kyle Dutter may have been the best thing that ever happened to seventh-grader Matt Manser.
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Ball Drive in Honor of Kyle Dutter
A friendship cut short is being honored. A local middle school student is organizing a "ball drive" in memory of his friend, 12-year-old Kyle Dutter.
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Murphy-Hull
The Olbrich Botanical Gardens in Madison was the site of the wedding union between Kate Murphy and Mark Hull.
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35 communities looking for Brownfields dollars for redevelopment projects
Thirty-five communities seeking to transform derelict industrial areas into thriving properties have applied for grants from a Department of Natural Resources program dedicated to contamination investigations ...
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Middleton-Cross Plains weighs school options
The Middleton-Cross Plains School District has "no more space" for its growing student population, and on Monday the School Board will consider four building options that could go to referendum in April.
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Glacier Creek Middle School Tries To Cope With Dutter's Death
Extra counselors were present Wednesday at Glacier Creek Middle School in Cross Plains to help students and staff cope with the death of Kyle Dutter.
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Dad in very critical condition after fatal shooting of son
Madison detectives are still trying to piece together what happened Tuesday when a father reportedly shot and killed his 12-year-old son and then turned the gun on himself in an SUV parked on Madison's far west ...
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Accused killer Witzel waives right to preliminary hearing
As he said he would during his initial appearance on murder charges last week, accused killer Charles E. Witzel Jr.
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Wanted: More east side dog parks
Dog lovers on Madison's east side are pushing for the first new off-leash dog exercise park in 15 years, and will gather Monday night to come up with ideas on where a park or parks could be located.
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Funeral planned for Craig Finley
Craig Finley is being remembered as a quiet, sensitive person with a great sense of humor, who loved the outdoors and recently went back to school.
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Shooting Victim Played Dead To Fool Gunman
A rural Mineral Point man survived by playing dead after an attacker shot him and killed his brother.
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Complaint: Witzel Says He Killed 2 In Shootings
An Iowa County criminal complaint said that Charles Witzel confessed to two shootings, which killed two people.
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Bail set at $1 million for Charles Witzel
A high cash bail has been set for the man charged with killing a man and wounding a woman October 31 in Cross Plains.
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Boy who witnessed father's murder in "good spirits"
The one-year-old boy who watched a man kill his father is in "good spirits," according to his family.
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LINKS: Middleton-Cross Plains considers school building referendum
The Middleton-Cross Plains Area School District Board of Education is holding a public hearing tonight on plans to ask voters for money to build at least one new school and renovate and expand other buildings.
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Fund set up for son of slain Cross Plains father
A trust fund has been set up for 1-year-old Alex Severson, whose father, Craig, was killed in a shooting at a Cross Plains apartment as he was preparing for Alex's birthday party.
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38,000 people attend Freakfest, Summit Credit Union merges with...
Craig Severson, 45, is shot to death in his apartment in Cross Plains. His fiancee, 27-year-old Lisa Morgan, is seriously injured.
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Authorities Monitor Highway For Alleged Gunman After Second Shooting
Authorities are monitoring Highway 18/151 early Friday morning for the man accused of a fatal shooting in Cross Plains last week.
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Cross Plains shooter featured on America's Most Wanted Web site
The man wanted for shooting two people in Cross Plains on Oct. 31 is being featured on the Web page of America's Most Wanted .
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Man sought in Dane County shootings
Nov. 2, 2008 4:24 p.m. Charles E. Witzel Jr. Surveillance photos of a man who was seen with Witzel.
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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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