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Fond Du Lac, 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
| Fond Du Lac, Wisconsin News |
Sheriff: Fond du Lac Co. body probably isn't Stacy Peterson
FOND DU LAC - The Fond du Lac County sheriff says the body found there by hunters almost two weeks ago is probably not the remains of a suburban Chicago policeman's missing wife.
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Winter Weather Advisory for Tomorrow
If you aren't sick of the snow yet, you may be soon. The National Weather Service has issued a Winter Weather Advisory for Wednesday beginning at 6 in the morning and lasting untill 8 tomorrow night.
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Controversial Art Display, Considered a Success
More than 100 people have visited a controversial art display at U.W. Fond Du Lac.
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Woman Body Found in Fond Du Lac Co.
Who was she and how did she end up in a creek? In Fond du Lac County, investigators are now trying to answer that mystery.
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Electrocuted Squirrel Short-Circuits Plant
It's a good thing this guy didn't get fried in an early computer or I'd have to spend half my day desquirreling my code.
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Recounts continue in 2 legislative elections
Recounts continue in two tight races for the Wisconsin Legislature. Democrat Trish O'Neil asked for a re-count after she lost to Republican Keith Ripp by 28 votes in the 47th Assembly District, north of ...
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Ongoing Events
Open 9 a.m. to 8 p.m. Monday to Thursday; 9 a.m. to 6 p.m. Friday; 9 a.m. to 5 p.m. Saturday and noon to 4 p.m. Sunday in the Langdon Divers Community Gallery at Fond du Lac Public Library, 32 Sheboygan St.
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Controversial College Art Project
Fond Du Lac art project designed to get students talking, is now causing a controversy.
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Agencies dispute Justice Department gang report
Police in northeastern Wisconsin are downplaying a state report on gang activity in the region, saying Thursday it overestimated the problem.
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Fond Du Lac Man Hurt After Crash With Military Truck
A Fond du Lac man has a crunched car after running into a 10-wheel camouflage military vehicle.
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Competency hearing ordered in murder-for-hire
Portage Torture Murder Case Gangs on Rise If you bought a Megabucks lottery ticket in Sheboygan, you could be the lucky winner of a $9.1 million dollar jackpot! Abuse Cases on the Rise 432nd is Coming Home ...
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Two separate crashes overnight
One involved daycare van; minor injures reported A crash involving a daycare van sends 5 children to the hospital.
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New area codes
The state's public service commission unanimously voted Thirsday to create two new area codes for customers in Northern Wisconsin.
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Conference is a must for those who manage cows
FOND DU LAC - Learn up-to-the minute information and take home new knowledge that individuals can immediately implement on their dairy farm for improved profitability at the Production Management Symposium, ...
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Squirrel blamed for causing power outage in Fond du Lac
FOND DU LAC - Police officers were posted at several downtown intersections and railroad crossings to direct traffic Sunday morning during a 2 -hour power outage.
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Savvy retirees find smart ways to meet challenges of fixed incomes
FOND DU LAC - There are many things we face as we get older: our bodies deteriorate, our children grow up and away, and our budget changes as we transition from our working adult years to life as a senior ...
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Kittelson faces dug-in incumbent in Petri
FOND DU LAC - It's shaping up as a David versus Goliath battle as Democratic challenger Roger Kittelson tries to unseat U.S. Rep.
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Police Investigate Odd Crash
Milwaukee Police are investigating a strange crash on the northwest side. Police got a call from someone saying he'd been beat up.
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Battleground WI: Wisconsin Legislators' Earmarked Contracts
We're learning more about which lawmakers from Wisconsin have earmarked defense contracts for companies who donated to their campaigns.
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What's Wrong with Wisconsin?
Filed under: What's Wrong with Wisconsin? Apparently a lot of things. Check it out: Revenge is sweet: Man pees on woman's dog when she won't sleep with him MANITOWOC - A 36-year-old Manitowoc man is accused of ...
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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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