Durand, 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
| Durand, Wisconsin News |
Three hurt in Buffalo County rollover
Three Wisconsin teens were injured Sunday when their sport utility vehicle rolled on icy roads in Maxville, Wis., the Buffalo County Sheriff's Department reported.
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Improving the Durand Water Front
Project leaders met Monday night with members of the community to show them a few plans they have in mind.
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Worganese Hotel group plans new office building
The Wogernese Hotel Group offices will head for U.S. Highway 41 as the Oshkosh-based hotel owners continue to add to their portfolio of properties.
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Consider yourself warned: Alcohol enforcement patrols to be out this Friday
The Friday after Thanksgiving is traditionally a big party day. The holiday is over, many people are off work and will have the weekend to recuperate.
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Briefcase
Ed Nieskes, director of Business and Financial Services at UW-Stout, has been selected as an associate member of the General Ledger Product Advisory Group of the Higher Education User Group.
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Quilting contest creations displayed in Durand
What: Nineteen quilts entered in the West Central Wisconsin Quilt Challenge. People can vote for their favorite quilt for $1. Proceeds are donated to two local nonprofit agencies.
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Thieves return to Kohel Power Equipment
They put up fencing around the perimeter, set up barricades, installed a locking gate, and turned on a video surveillance system.
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Butcher shop tours make road trips complete
Owner-operators since 1998: Duane and Bill Ryan. Store hours: 8 a.m. to 5 p.m. Mondays through Fridays.
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After fleeing deputy drivers found
It appeared to a Dunn County deputy that two vehicles were racing near the intersection of 650th Street and 10 Avenue in the Town of Peru on Tuesday at around 6:43 p.m. But that wasn't the case.
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Ripple Effect: Uncertain prices 'fuel' return to heating basics
Click to enlarge image In addition to pellet stoves, Dale Amundson, owner of Great American Homes and Fireplace in Menomonie, also carries high efficiency woodstoves like this one that also deliver plenty of ...
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Fire destroys Mondovi business
Fire has caused heavy damage at a furniture and appliance store in Mondovi. City Furniture and Appliances' owner David Gray says it appears the building is a total loss.
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State of Durand yard prompts complaints
One man's junk is another man's treasure. While Bill Anderson admits all of the items adorning his yard are not treasure, he doesn't like the idea that others consider it all junk.
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George McDougall -- Red Wing
RED WING -- A Mass of Resurrection for George McDougall will be at 11 a.m. Friday at the Church of St.
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Online
BEARSS, Paul E., 44, Downing, misdemeanor operating under the influence, third offense, and forfeiture county possession of marijuana, March 2, 80 days jail, license revoked 27 months, fined $2,168. DEFOE, ...
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Online
SUNDAY, 4:46 p.m., Highway 93 and Interstate 94 offramp. A vehicle driven by Mackenzie R. Riemer, 16, 8925 U.S. 53, was southbound on Highway 93 when it collided with a vehicle driven by Laura M. Bauer, 23, ...
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400 pot plants found in Pepin County
The Pepin County, Wis., Sheriff's Department announced Monday it found more than 400 marijuana plants growing in the tiny town of Waubeek, Wis., on Sept.
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Funds earmarked for trail improvements
The city of Eau Claire has been awarded $640,000 to reroute part of the Chippewa River State Trail and build a new section of trail across a historic railroad bridge.
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Walk to help raise vasculitis awareness
Walk for Vasculitis will be held from noon to 4 p.m. Oct. 11 at the Marshfield Middle School track, 900 E. Fourth St.
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Interactive glass fusion class at Accola Gallery
Glass artist Dana Turner will be at the Accola Gallery in Durand during the Fresh Art Fall tour, helping interested individuals create their own glass fusion pendants.
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Hearty heritage
For Roadhouse Bar and Grill owner, Stacy Mork, the combination of family tradition - and "playing ball" - adds up to solid success Stacy Mork's opening of the Roadhouse Bar and Grill west of Menomonie indicates ...
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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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