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Forestville, 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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Forestville, Wisconsin News
Nomination papers available from clerk

The 2009 political season in Door County started Monday, the first day nomination papers were available for local offices.


Port-a-Pier has new building

Port-a-Pier has serviced hundreds of shoreline docks in Door County for decades while having its workers commute more than an hour one way from Manitowoc.


Friends of Parks seeking information

The Friends of the Door County Parks, a nonprofit group working to enhance the 19 county parks, is seeking historical park information from the public to create a detailed history of each county park.


Forestville: Older adult breakfast planned

The Family Centers is hosting a special morning of music and mealtime at the monthly Older Adult Breakfast Social at 9 a.m. Dec.


Marriage licenses

Ryan W. Juley and Pauline A. Jauquet, both of Derry, N.H. Greg J. Anderson and Teresa Sue Ann Hamilton, both of Green Bay.


Check it Out: Library Notes

The Friends of Door County Libraries have two special activities planned for December.


Gina Wautier: Maplewood 4-H plans holiday event

The Maplewood Missiles 4-H Club holiday party will be held Friday, Dec. 5, at 6:30 at the town hall building in Maplewood.


Door County Humane Society finds little help

Three Door County municipalities donated animals, but nothing financially, to the Door County Humane Society last year or this year, a report released last week shows.


Court cases

Among sentences handed down by Judge D. Todd Ehlers: John W. Duerst, 21, of Forestville was sentenced to serve 90 days in county jail for falsely reporting the theft of his truck to evade prosecution for ...


Traveling Back through the Door County Advocate Files

Six inches of snow covered the peninsula Monday night. County Board Chairman Ralph Jenquin reports that Door County will receive $40,000 from the federal government for relief work on county highways this ...


Aiming for one-act success

Two parents supervised Algoma one-act play, Holka! Polka! By Lee Lawrenz * Kewaunee County News * November 12, 2008 It probably would have been a better story if the Algoma High School's one-act play, ...


Check It Out: Library Notes

Sturgeon Bay LibraryOrganized book discussions, whether at a library or in a home, can be a great way to learn about authors and books, directly from friends and neighbors who love to read.


Sturgeon Bay man jailed for violating probation

A Sturgeon Bay man was sentenced to county jail after breaking rules of probation.


Language in sex offender ordinance approved

The Gardner Town Board on Wednesday approved the language for an ordinance prohibiting convicted sex offenders from living within 2,500 feet of where children gather.


Check It Out: Door County Library Notes

Need help learning how to use the keyboard and mouse on a computer? Trying to find a Web site? For help, contact Laura, the new Reference and Adult Services librarian at the Sturgeon Bay Library, at 746-7121. ...


Longtime Forestville clerk, treasurer resigning

After 22 years as Forestville village clerk and treasurer, Donna Henderson is stepping down.


Traveling Back Through the Door County Advocate Files

At the request of the striking milk pool organization, Door County's 16 cooperative and 13 privately owned cheese factories and the Van Camp condensery in Sawyer closed.


Term limits on Nov. 4 ballot

Voters in the village of Forestville have a referendum on term limits for their local government officials on Tuesday's ballot.


Building's final brick unveiled

The Door County Board of Supervisors Tuesday voted its way swiftly - and almost unanimously - through its business to get to a celebration of its remodeled building.


Forestville: Exhibitors sought for Toy Tractor Show

The Southern Door Future Farmers of America Alumni will host its third annual Toy Tractor Show on Nov.


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