Hager City, 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
| Hager City, Wisconsin News |
Thieves make off with retirement cash
I t was their life savings - money they pigeonholed to use during their retirement years.
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Investors group buys Hiawatha National Bank in western Wisconsin
Nov. 7, 2008 5:52 p.m. A company formed by a group of Sheboygan investors said Friday that it has signed an agreement to buy a bank in western Wisconsin.
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Woman Says $100,000 Stolen from Home
Investigators need your help in finding missing cash. The Pierce County Sheriff's Department says a Hager City woman reported that someone stole $100,000 dollars cash from her house.
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Appeals court orders county to give six-time drunk driver hearing on credit for jail time
A Pierce County judge may have been hasty in failing to give a man convicted of drunk driving, sixth offense, credit in each of two cases for time he was held in jail.
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$100,000 cash taken from Hager City home
An estimated $100,000 cash was taken from the Clarice Huddleson home in Hager City last month.
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Bergin's book tracks Wisconsin's culinary surprises
Published Nov. 4, 2008 at 11:24 a.m. Tags: hungry for wisconsin , mary bergin , sidetracked in wisconsin , roads traveled Jamaican jerk chicken in Hager City? Turkish food in Hayward? A Czech bakery in Bloomer? ...
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George McDougall -- Red Wing
RED WING -- A Mass of Resurrection for George McDougall will be at 11 a.m. Friday at the Church of St.
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Mining company employees help out at park
Aaron Scott of Eau Claire cleared brush along a hillside in Wakanda Park Tuesday and loved it.
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Man sentenced to five years prison for burglarizing bank
A Minnesota man was sentenced to five years prison for his role in burglarizing Hiawatha National Bank in Hager City in May.
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Jay Gardas -- Hager City, Wis.
NG -- Cashmere "Jay" Gardas, 61, of Hager City, Wis., died Sunday at his residence.
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1 injured in three-car crash in Pierce County
A rural Hager City woman was injured after a three-car crash in Pierce County Tuesday afternoon, the Pierce County sheriff's department said.
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Two People Hospitalized After Vehicle Rolls Into River
Two people were taken to the hospital after their vehicle rolled over in Pierce County and landed in a river. via WEAU-TV Eau Claire
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Pair taken to hospital after vehicle enters river
A pair was taken to an area hospital early Wednesday after the vehicle they're riding in entered a river. via Rivertowns.net
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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