De Soto, 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
| De Soto, Wisconsin News |
Hernando De Soto
"Hernando De Soto." 27 February 2008. HowStuffWorks.com. 20 November 2008. De Soto, Hernando or Fernando , a Spanish explorer.
|
De Soto High goes into lockdown over suicide...
Deputies locked down the De Soto High School and Middle School as a precautionary measure while they looked for an 18 year old De Soto man after he threatened suicide, cut himself and left his home with a ...
|
Farm-to-School Program kicks off with A'Ratatouille'
Back to School Night at Viroqua Elementary School on Wednesday, Aug. 27, included some culinary highlights.
|
Girl's death 30 years ago led to focus on mosquito-borne illnesses
Most people didn't know or won't remember Dawn Lyn Torgerson. But Dave Geske, La Crosse County's mosquito control officer for 31 years, thinks about the 3-year-old girl all the time.
|
Keta's Potluck: Mother-in-law's lessons still make cents
The more I hear about how hard times are today, the more I think about my mother-in-law Carries Steebs and the rules she lived by.
|
Many areas remain flooded in Vernon County, Tuesday, and more than 100 roads still closed
While flood waters were receding in Vernon County, Tuesday, closed roads and evacuations were still prevalent.
|
Evacuations in De Soto Wisconsin
State emergency management officials are evacuating two dozen people living in a trailer park in De Soto due to expected flooding Sunday.
|
Flooding may top last year in southwestern Wisconsin
Less than a year after devastating floods in southwestern Wisconsin, the area was hit hard again over the weekend.
|
UPDATED: Brace for flooding
The areas bracing for flooding on Sunday, including Gays Mills and Soldier's Grove, were hit hard by flooding last summer.
|
On this day
Today is Wednesday, May 21, the 142nd day of 2008. There are 224 days left in the year.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"...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.
|
|