Francis Creek, 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
| Francis Creek, Wisconsin News |
Lakeshore update
MANITOWOC - The Manitowoc County Sheriff's Department is seeking people who allegedly were involved in the theft of snow throwers from T.A. Motorsports in Francis Creek.
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Church and Faith Events
Cookie walk, chili luncheon, silent auction and crafts sale from 10 a.m. to 2 p.m. today at Emanuel United Methodist Church, 1218 Madison St., Two Rivers.
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Former St. Patrick's rectory sees major damages in fire
Residents of the former Maple Grove St. Patrick's Catholic Church rectory escaped injury after a fire caused major structural damage to the property, 7530 St.
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Banding together
Maybe Running Blind should change its name to Never Running On Empty. The popular Manitowoc County rock 'n' roll band keeps the music flowing all night long, no matter the time or place.
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Column: Power shift will have impact
Well, the election results are in and it looks like lots of change is coming our way.
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Speed-dating set for Thursday
MANITOWOC - The Manitowoc Jaycees will host its second annual speed-dating event starting at 6 p.m. Thursday at Timeout Sports Bar & Grill, 1027 N. Rapids Road.
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Church and Faith Events
Comedy Benefit Night is set for 7 p.m. today at Hope Community Church, County B at state Highway 310.
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Angel Association seeks help lighting Caring Tree
MANITOWOC - The Angel Association is looking for sponsors of its Caring Tree, which will be lighted at 7 p.m. Dec.
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Getting out the vote
When clerk Donna Martzahl opened the polls at the Wrightstown Town Hall in Greenleaf at 7 a.m. Tuesday, nearly 75 voters greeted her.
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Editorial: A blow for the politics of fear
After an election where voters chose a message of hope, one hope we bring away from Tuesday's results is that negative campaigning will be tempered in the future.
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Parish holds chili lunch
FRANCIS CREEK - A chili lunch will be served from 10 a.m. to 2 p.m. Nov. 23 at St.
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State Assembly District 2
Democrat Ted Zigmunt of Francis Creek will challenge incumbent Frank Lasee, R-Bellevue, for the 2nd District seat in the State Assembly.
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Election polling places
Here is a list of local polling places in Manitowoc County for the Nov. 4 election.
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Education update
MANITOWOC - Lincoln High School is proposing a modification in graduation credit requirements that would impact students beginning with the class of 2013 - this year's eighth-graders. The proposal would retain ...
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Health care sharpest divide: Assembly candidates differ on approach
Health care, guns and the state's budget deficit were among the topics discussed Thursday night by state Rep.
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Wisconsins 2nd Assembly District candidates differ on school funding
The northern half of Manitowoc County, including the city of Two Rivers, along with portions of Brown County and a township in Kewaunee County, are part of the state's 2nd Assembly District.
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Hidden POTENTIAL
When Michael Kornely looks at a piece of furniture or a household object, he sees its hidden potential.
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2nd Assembly District candidates
The Green Bay Press-Gazette editorial board asked the candidates for Wisconsin Assembly to submit short responses to a number of questions about issues facing the next session of the Legislature.
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Duggan, Jerry
Jerry Duggan, 91, Cato, died on Thursday, Oct. 2, 2008, at Holy Family Memorial Medical Center in Manitowoc.
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Joe Verdegan column: Still a few races left
While the curtain has closed upon the weekly racing season, a handful of special events await area drivers on area paved and dirt tracks.
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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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