Darien, 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
| Darien, Wisconsin News |
Home has rustic holiday charm
There are Christmas decorations in almost every corner of Dale Kramer's log cabin home in Delavan.
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Rock, Walworth County volunteer programs partnered
Barbara Quast, a Walworth County RSVP volunteer, helps pick food items at the Whitewater Food pantry on Wednesday morning.
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Family hopes event raises abuse awareness
Photos in the Wisconsin Domestic Violence Homicide Report for 2006-07 show the faces of 67 people whose lives were cut short by domestic violence.
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Big Foot High School celebrates 50 years
The small union high school, which opened Sept. 10, 1958, was created to alleviate baby-boom crowding at Darien, Sharon and Walworth high schools.
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U.S. 14 detour planned in Walworth County
Drivers on a stretch of U.S. 14 in Walworth County will be detoured to Interstate 43 beginning Aug.
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Regional fire/EMS the answer?
Some area providers express desire to talk as call volume mounts "It would be tough to walk out of here, but I'd do it if it was better for everyone." That's what Clinton Fire Chief and EMS Coordinator John ...
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Regional fire/EMS the answer?
Some area providers express desire to talk as call volume mounts "It would be tough to walk out of here, but I'd do it if it was better for everyone." That's what Clinton Fire Chief and EMS Coordinator John ...
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Public record for July 21, 2008
CHAD E. BOBZIEN, 30, no fixed address, at 5:05 p.m. Saturday at the Rock County Jail for misappropriation of personal identifying information.
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Wausau to host world canoe race in 2012
Wausau will be the center of the whitewater world in 2012, when paddlers from around the globe will compete here in the International Canoe Federation Junior Slalom World Championships.
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Weekend rains cause flooding in Walworth and Rock counties
Most victims of last month's flooding are drying out, but in some Walworth and Rock county neighborhoods, the water is still coming in.
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Public record for July 2, 2008
CALEB J. BOGLE, 18, of 302 Cherry Lane, Orfordville, at 3 p.m. Monday on a charge of substantial battery.
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Darien's first grocery store a success
Bill Hanauska of Janesville grabs a sandwich in the deli at the Darien Super Mart on May 20.
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Severe weather warning
The National Weather Service in Sullivan has issued a severe thunderstorm warning for eastern Rock County, Walworth County and southern Jefferson County until 2:15 p.m. The weather service said a thunderstorm ...
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Horsing around in Wisconsin
Andrea Mills amills@svnmail.com 815-625-3600, ext. 575 Cows once graced the sidewalks of Chicago, getting all the attention during the "Cows on Parade" public art display.
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Jazz in the Park
What's quickly become a Walworth calendar staple, the 5th Annual Jazz in the Park sponsored by the Delavan-Darien Friends of the Visual and Performing Arts is set for Saturday, June 7 at Delavan's Phoenix Park, ...
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12 departments fight Clinton fire
No one was injured Friday in a house fire in the Town of Clinton that required the aid of 12 area fire departments.
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Investigators Fault Trucker In Bus Collision
Investigators believe the driver of the semi that slammed into a school bus Friday had plenty of time to avoid the crash.
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Charity art project is sensory experience
The decopage horse called "When I Grow Up I Want To Be A Mustang" has pictures of Ford Mustangs from various years covering the surface.
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Names of teens hurt in rollover released
A Clinton teen is in fair condition today at Rockford Memorial Hospital after being injured in a one-vehicle rollover accident Monday night. via The Janesville Gazette - Janesville, ...
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Spotlight
Kevin Schwarten of Green Bay was the recipient of the 2007-2008 Georgia-Pacific Environmental Scholarship at the University of Wisconsin-Green Bay. via WisInfo
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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