Delafield, 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
| Delafield, Wisconsin News |
Santa Claus arrives in Wales in fire engine
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Environmental Review of Tentative Grant Awards
The Department of Natural Resources is soliciting public comment on several outdoor recreational grant applications that have tentatively been selected as potential grant recipients.
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Early shopper in Delafield robbed outside store
A woman who arrived early to shop at the Delafield Target store never got inside before becoming a robbery victim.
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Strong-arm robbery reported at Delafield Target
Nov. 28, 2008 11:16 a.m. An early morning shopper was the victim of a strong-arm robbery in the parking lot of the Target store in Delafield, police reported today.
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Shopper robbed in Delafield Target parking lot
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Military academy needs makeover
When he attended St. John's Northwestern Military Academy in the 1960s, Crain Bliwas did not mind the drafty windows, leaky roofs or outdated restrooms.
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Community Photo Gallery
Fifteen USA TaeKwonDo Students Earn Black Belt Promotions Congratulations to Clinton Plowman, Maya Yocum, and Brandon Harris, and Will Lucht who earned their 2nd degree black belts; Taylor Vaughn and Lisa ...
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City asked to seek dam hearing's delay - Neighbors seek city help to preserve Zerwekh dam
City of Delafield - The city might be about to get involved in a dam controversy that Mayor Ed McAleer wanted to avoid.
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BrookfieldNow: Slide Show
The Greater Brookfield Chamber of Commerce and Stu's Flooring Ltd. celebrated Stu's Flooringa s Chamber membership on Thursday, October 30, 2008 with a Ribbon Cutting Ceremony.
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Delafield Town OKs 2009 budget
Town of Delafield - The Town Board Wednesday found a way to maintain a minimal amount of police coverage in its 2009 budget.
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It's peak time for car-deer accidents
See a deer. What to do? Advice to drivers is if a deer suddenly appears in front of you, the best thing to do is hit it.
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Two seek Behrend's county seat; Kemnitz, Stevens want appointment
Two candidates a ' a Village of Hartland trustee and the former chairman of a key City of Delafield committee a ' say they want to fill the Waukesha County Board vacancy that will be created when County Board ...
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Hearing on Zerwekh dam slated for December
City of Delafield - More than 20 witnesses - many of them experts in science and engineering - may be called during a three-day contested hearing next month when nearly a dozen city residents will challenge the ...
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Flight takes victim of construction accident
Rescue crews from the Stone Bank Fire Department along with mutual aid from Hartland and Delafield fire departments were on the scene of a construction accident that happened around 9:15 a.m. Thursday, Nov.
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[ELD] Episcopal Life Daily
From "Matthew Davies" Date Wed, 12 Nov 2008 18:17:24 -0500 >Episcopal Life Daily >November 12, 2008 >Episcopal Life Online is available at > http://www.episcopalchurch.org/elife . >Today's Episcopal Life Daily ...
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Man taken Flight for Life for head injuries after falling off ladder
City of Oconomowoc - A man working outside of the Silgan plant in Oconomowoc was transported by Flight for Life to Froedtert Hospital for a head injury he sustained after falling 10 feet from the ladder he was ...
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Head out for area holiday fun
The leaves are falling, the temperature is dropping and flurries have even made their seasonal debut.
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Environmental Studies School sponsored by WI Garden Club Federation - Milwaukee District
"The Living Earth", an Environmental Studies School Course I, Series IV will be offered by the Wisconsin Garden Club Federation - Milwaukee District, on May 1 and 2, 2009 from 8 A.M. to 4 P.M. daily at ...
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WG&R Furniture closes five Milwaukee-area sleep stores
Nov. 3, 2008 11:39 a.m. WG&R Furniture has closed its five Milwaukee area sleep shops, in Delafield, Germantown, Greenfield, Wauwatosa and Waukesha.
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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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