Dane, 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
| Dane, Wisconsin News |
The first big snowstorm of the season has made area roads a bit slippery.
Madison escaped the brunt of the first major snowstorm of the season, but area roads were still slippery thanks to strong north winds blowing snow across east-west highways.
|
Alleged Drunken Driver, Passenger Survive Car Crash
A 19-year-old Dane woman is lucky to be alive after crashing her car in the Town of Vienna before 2 a.m. Monday.
|
Recount has GOP's Ripp still winning Assembly race
Republican Keith Ripp of Lodi has won a recount for an open state Assembly seat.
|
Dane, Iowa counties healthy places to live
Dane County and neighboring Iowa County remain among the healthiest counties in Wisconsin, according to an annual report released today by the University of Wisconsin-Madison Population Health Institute.
|
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.
|
Two women injured in Dane County crash
Nov. 17, 2008 7:24 a.m. A 19-year-old woman appeared to be under the influence of alcohol and speeding when she lost control of her car and rolled it over in a cornfield in Dane County this morning, according ...
|
47th recount to start Monday
State election officials have ordered a recount in a south-central Wisconsin Assembly race.
|
Dane Co., Madison Working On 911 Problems
Dane County and Madison leaders have agreed to address systemic problems at the 911 center after multiple errors contributed to police not going to a disturbance that left a man dead.
|
Witzel case an example of domestic violence's long reach, advocate says TCT
A scorned lover's weeklong run from authorities ended early Friday morning after he ditched his stolen vehicle and took a mile-long walk alone down a rural country highway that ended at the Dodgeville Wal-Mart. ...
|
47th District a close call
Even though Keith Ripp sailed through the September primary in the 47th Assembly District, he had a feeling it'd be a close race in the general election against Trish O'Neil. And he was right, to the tune of ...
|
Election Watch: Many Key Legislative Races Eyed by Farm Groups
Several Wisconsin farm organizations have been actively supporting various candidates to the State Legislature in Tuesday's election.
|
47th District Assembly Candidates Focus On Economy
One week from the election, local candidates are hot on the trail for votes. VIDEO : Watch The Report Both of the candidates in the 47th district are new faces.
|
Alcohol A Factor In Fatal Dane Co. Crash
Authorities say alcohol figured in a crash that killed two adults and a 9-month-old child in Dane County.
|
County needing third party voice
Though it most likely went completely unnoticed by the student body, the County Board held a listening session last Thursday to hear public comments on the county budget they will pass in late November.
|
Municipalities turn to voters on several ballot questions
From fluoridation to flooding, cops to health care, municipalities in southern Wisconsin have added their own requests for advice and consent to the Nov.
|
Cross Country: Raemisch Implement kicks into high gear
It looks new. It smells new. It is new. Besides those obvious facts, Raemisch Implement Inc.
|
Doyle to EPA: Don't give counties poor air quality report
Gov. Jim Doyle is continuing to press the U.S. Environmental Protection Agency not to declare that six Wisconsin counties, including Dane, do not meet air quality standards for fine particle pollution.
|
Area trick-or-treaters will do the treating in 08
This year, trick-or-treating isn't just for kids. The initiative Reverse Trick or Treating will have adults on the receiving end of chocolate treats come Oct.
|
Dane County included in air watch
The state issued an Air Quality Watch for today in several Wisconsin counties including Dane.
|
State grows in population
The state of Wisconsin has added about 300,000 new residents since the 2000 Census.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|