Denmark, 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
| Denmark, Wisconsin News |
NEWs in Northeastern Wisconsin
The Village Board recently approved the purchase of 1,000 key rings to be used for economic development purposes.
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Krines, Bernard C.
Bernard C. Krines, 82, longtime resident of Stangelville, passed away Friday, Nov.
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Schleis, Melvin 'Ozzie'
Melvin "Ozzie" Schleis, 87, Denmark, passed away peacefully Wednesday evening, November 26, 2008, with his loving wife, Doris, at his side.
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News in Northeastern Wisconsin
The Natural Resources Foundation of Wisconsin is accepting applications for the 2009 C.D. Besadny Conservation Grant Cycle.
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Man to spend one year in jail for sexually assaulting stepdaughter
MANITOWOC - A 39-year-old Denmark man was today given 12 years of probation and will spend a year in jail for sexually assaulting his then 10-year-old cognitively delayed stepdaughter.
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Area students to play in honors groups on radio
Wisconsin Public Radio will broadcast its annual Thanksgiving Day concerts Thursday from the Wisconsin High School State Honors Project.
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News in Northeastern Wisconsin
The next De Pere Area Chamber of Commerce De Pere at Dusk networking event will be from 5:30 to 7 p.m. Tuesday at The Cutting Garden, 3706 Creamery Road, Ledgeview.
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Czech Choraliers plan Christmas concert
The Czech Choraliers will offer a free Christmas concert at 2 p.m., Saturday, Dec.
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Poinsettia sale set for Nov. 30
Never underestimate the power of the poinsettia, especially when more than 100,000 of them greet the holidays.
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Plan for soccer complex near Denmark dropped
DENMARK - Despite a loophole that states the village could annex New Denmark property four miles outside of the village's border, it's not likely to happen, effectively killing plans for a new soccer complex.
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Real estate transactions
The Green Bay Press-Gazette publishes in its Business section only real estate transfers with a value of $30,000 or more.
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Funerals
Novak, Ronald O. - Family and friends may call Sunday, Nov. 9, 2008, from 4 to 8 p.m. at Knutson-Cotter Funeral Home, 536 Cty R., Denmark.
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Big twine makes big news in Nebagamon
Jim Kotera has every reason to believe he has created one of the world's largest balls of twine.
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Paape, Elaine D.
Elaine D. Paape, 90, Ashwaubenon, died Thursday, Nov. 6, 2008. She was born Aug.
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Denmark man breaks arm in rollover auto accident
A Denmark man suffered a broken arm Saturday morning when the car he was driving rolled after hitting a guardrail on Interstate 43.
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Thomas, Diane Mary
On Nov. 4, Diane Mary Thomas, 57, Denmark, died surrounded by family after a courageous battle with cancer.
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Pierner, Mrs. Myra Caroline
Mrs. Myra Caroline Pierner, 87, Green Bay, passed away peacefully at her home surrounded by her family and beautiful music on Tuesday, Oct.
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Veterans Day events
Mass honoring the Veterans and Armed Forces: 8:15 a.m. Mass, Friday, All Saints Parish, 145 St.
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Groups receive money from Wisconsin Farm Technology Days
The 2008 Wisconsin Farm Technology Days in Brown County continued a show tradition - using money earned by the host county for the good of the community.
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'No' to Denmark
MARIBEL - I disagree with your editorial recommending that the Denmark School District exceed its spending cap.
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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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