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Forest Junction, 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.

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Forest Junction, Wisconsin News
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FOREST JUNCTION - The state Department of Transportation has scheduled a Dec. 10 public information meeting to discuss preliminary design concepts for reconstructing the intersection of U.S. 10 and State 32/57. ...


Stanelle, Maynard L.

Maynard L. Stanelle of Brillion passed away peacefully at home with his family at his side on Saturday, November 15, 2008.


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State Assembly District 3

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Police crack down on lewd behavior at Pure Pleasure

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Name: Al Ott Address: W2168 Campground Road, Forest Junction. Age: 59. Occupation: State legislator.


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Van Hoof, Catherine W.

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Feldkamp, Paul J.

Paul Feldkamp, age 67, of Kaukauna, passed away in Door County on Wednesday evening.


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A 64-year-old Brillion man who died Monday when a piece of farm equipment fell on him has been identified as James J. Jonen.


Zion helps parents with donations of school supplies

MORRISON - When Zion Ev. Lutheran Church and School held its second annual Free Back to School Rummage Sale last Saturday, it was different than the inaugural event in 2007.


Court reports for July 13

KELPINSKI, Lawrence O.; 25, Forest Junction. Placed on probation for one year for possession of THC in Appleton on July 19, 2006.


Court reports for June 29

RAETHER, Jon F.; 18, Appleton. Further proceedings pending on felony charges of sexual assault of a child and bail jumping for incidents on March 8 with a 14-year-old. POPP, Sheila M.; 59, Forest Junction.


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