Franksville, 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
| Franksville, Wisconsin News |
Judge declares man competent in investment fraud
The criminal case against a Franksville man accused of investing more than $80,000 for an Eau Claire woman as an unlicensed investor is on again.
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School Notes 11-18
Racine Unified School District Superintendent Dr. Jim Shaw will host a Community Connections listening session from 6 to 8 p.m. Tuesday, Nov.
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New Information: Fire heavily damages Caddy Vista home
A man returning home from work late Thursday night received an unwelcome surprise when he discovered a fire in a bedroom of his Caddy Vista subdivision home.
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Police Reports: Nov. 10
CALEDONIA Teen robbed outside workplace An 18-year-old employee at Greg's Catering, 3124 Roberts St., was robbed of his wallet containing $40 and struck in the face during a robbery at 10:20 p.m. Friday in a ...
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Sewer deal could bring I-94 development to Caledonia
When companies come window-shopping for land along Interstate 94 in Caledonia to set up office buildings or warehouses, they often lose interest, Village President Ron Coutts said.
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Jackson County Circuit Court and Traffic Report
The following was reported by the Jackson County Chourthouse David M. Acker, 54, Franksville, was fined $160.80 for DC with MV.
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Police Reports 10.31
RACINE Two hurt in crash A 28-year-old Racine woman and a 9-year-old Racine girl received what police describe as moderate injuries in a two-vehicle crash at 5:15 p.m. Tuesday at 16th Street and Perry Avenue.
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Police Reports: Oct. 29
FRANKSVILLE Truck stolen from shop A vehicle was taken sometime Monday from Custom Painted Vehicles, 4325 S. 27th St.
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The perfect pumpkin still resides to the north
As a native Floridian who spent years transplanted in the rural Midwest, I have to say I miss fall.
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Believe it or not - Racine woman gains fame for naming son after sauerkraut
Believe it or not! The Racine woman who won multiple Franksville sauerkraut eating contests while pregnant, Brenda Lashley, and her son, Edward Allen Frank Lashley, have marked their place in history.
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Riding the rails of imagination
Kevin Carlson cradled the little, black engine in his arms as he circled the banquet hall Sunday at South Hills Country Club, 3047 E. Frontage Road.
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Jackson County Circuit Court and Traffic Report
The following was reported by the Jackson County Chourthouse Debra L. Anderson, 29, Tomah, was fined $249 for violation of closing hours.
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Man tangles with the law in three municipalities
A 41-year-old Sturtevant man allegedly punched a 34-year-old woman in the head and "severely" bit a 21-year-old man in the arm during a domestic altercation just after 2 a.m. Saturday in the 3000 block of 91st ...
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Postcard Plea From Family Of Hit & Run Victim
A family is using postcards in hopes of getting a tip that will lead them to a killer.
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Online art dealer aids artists, university art programs
"Bubble" by UW-Madison student artist Erin Hauge, is available via On Campus Creations.
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Medical condition might have led to Friday accident
A 41-year-old Franksville man might have had a medical condition that contributed to a multi-vehicle crash late Friday morning at 15th Street and Lathrop Avenue in which he was seriously injured.
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Fire chiefs propose automatic response plan
If your heart should experience difficulty while you are shopping at Regency Mall in Racine, your rescue squad will come from the firehouse at Lathrop and Washington Avenues, along with a fire engine crew from ...
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Groups awarded environmental education grants
Raymond School in Franksville, Neighborhood House of Milwaukee, and Wee Wisdom Child Care Center of Oshkosh have been awarded GreenWorks! Grants by Project Learning Tree, the environmental education program of ...
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Blood-alcohol level brings additional charges in cyclist's death
A Franksville woman accused of killing an area triathlete and injuring her bicycling companion had a blood-alcohol content of .118%, according to a blood sample drawn hours after the crash on July 9. The new ...
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Former Franksville Man Charged with Defrauding 27 Victims out of 5 Million Dollars
Steven M. Biskupic, United States Attorney for the Eastern District of Wisconsin, announced that yesterday the grand jury returned an indictment charging Duane C. Boechler, 51, formally of Franksville, ...
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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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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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