Dresser, 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
| Dresser, Wisconsin News |
Federal grand jury indicts Osceola man on child porn charges; case started in New Richmond
A federal grand jury in Madison indicted Jason Pape, 37, Osceola, on Thursday with possessing child pornography, according to Erik Peterson, U.S. attorney for western Wisconsin.
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Incumbents hold on in western Wisconsin
Western Wisconsin incumbent lawmakers appeared to be faring much better than many candidates for federal office Tuesday.
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Western Wisconsin voters to decide 3 Assembly seats, 1 state Senate seat
Western Wisconsin voters will go to the polls Tuesday with a ballot full of local, state and federal choices.
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Report: state families earning less
Wisconsin families are experiencing their worst sustained earnings decline since the early 1980s, and the trend could worsen with the economy teetering toward a recession some fear will be the toughest in ...
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Poverty hits state's minority working families hard, report says
Almost half of Wisconsin's minority working families are not earning enough to meet their basic needs, according to a new national report.
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Public information meeting October 28 for primary arterial study in Polk County
The Wisconsin Department of Transportation Northwest Regional Office is announcing a public information meeting to introduce a primary arterial study for the preservation of a future arterial corridor generally ...
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5 years later: WI man confesses to shooting & robbery
Authorities say a 31-year-old Polk County, Wisconsin, man has been arrested in two five-year-old cases -- an attempted murder in Minnesota and an armored car heist in Wisconsin.
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Man arrested in 2003 attempted murder, bank heist
A 31-year-old Polk County man has been arrested in an attempted murder in Minnesota and an armored car heist in Wisconsin more than five years ago, authorities said Wednesday.
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Man arrested in 2003 attempted murder, bank heist
Authorities say a 31-year-old Polk County man has been arrested in an attempted murder in Minnesota and an armored car heist in Wisconsin in 2003.
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Monday Wisconsin Public Radio politico forum to focus on 30th Assembly District
The race for the 30th Assembly District will be the focus of a political forum Monday on Wisconsin Public Radio's "The West Side." The forum will feature Rep.
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UWSP student opens for band at UWSP
University of Wisconsin-Stevens Point student Russell Pedersen will perform the opening act for Pasiflora, a six-member group from Madison who will perform rock/indie/experimental music on Thursday, Oct.
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Wis. farmer loses legal fight over stray cows
A western Wisconsin farmer who served as his own attorney in a dispute over straying cattle has lost a legal battle with St.
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New Study Reveals Bad News For Wisconsin
A new study from the University of Wisconsin think tank has bad news for Wisconsin families.
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Dresser-Marcy four-way stop ahead
A plan to install four-way stop signs at Dresser and Marcy streets, where 15 accidents have occurred in three-plus years, is speeding ahead.
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Arlen Boardman column: Shift to a four-day workweek has been tried before
The four-day work week. Sounds pretty good for the worker, doesn't it? What it conjures up to workers isn't the 10-hour days, but a work life filled with three-day weekends.
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Man killed in rock quarry rollover
A 21-year-old Dresser man was killed and two others were injured July 20 in a motor vehicle crash in the Dresser Trap Rock Quarry.
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Man killed in rock quarry rollover
A 21-year-old Dresser man was killed and two others were injured July 20 in a motor vehicle crash in the Dresser Trap Rock Quarry.
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Do It Yourself Network's 'Cool Tools' films at New Richmond shop
Heintz Machine Corp in New Richmond had a slow day on Wednesday, June 25. In fact, the day before was kind of slow too, and the economy had nothing to do with it.
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Watch out: Bears coming out of the woodwork
Three bears took a stroll out of the woods and into the backyard of a home in Dresser Wisconsin.
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School district e-mail case goes to appellate court
It will likely be several months before an appellate decision is levied in the case of whether e-mail messages from the workstations of five Wisconsin Rapids teachers are public record.
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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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