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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
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Hertel, 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
| Hertel, Wisconsin News |
UW-EC event offers students a link to off-campus housing landlords, resources
The Wisconsin Division of Consumer Protection offers advice for renters: - Before renting, call the Division of Consumer Protection at 800-422-7128 to learn if complaints have been filed against the landlord.
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Family's home burglarized as they visit man in hospital
An 18-year-old Webster man was airlifted to Regions Hospital in St. Paul, Minn., after an ATV accident on the St.
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Two recovering from knife wounds
Two area men are recovering from knife wounds sustained in a fight in the early morning hours Sunday in Hertel.
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Hertel man injured in bar fight
Criminal charges are pending in a case of a Hertel man who was seriously injured in an altercation outside the Wild Waters Bar in Danbury on Sept.
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House accepts marketing job
The St. Croix Chippewa of Wisconsin have hired Robert House as director of marketing for their three casino operations.
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Building green housing for Wisconsin's tribes
UW professor, local architect assisting state tribes with housing plans that combine sustainability with family customs Anita Weier - Imagine a house where an extended family could live comfortably -- ...
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Hudson dentist charged with Medicaid fraud
A Hudson dentist has been charged with falsely telling Medical Assistance patients that root canal therapy isn't covered by the federal program, and then requiring payment from them before he would do the work.
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Fire destroys Siren home; no one injured
A fire of unknown origin burned the house at 7724 Bradley Street in Siren to the ground in the early morning hours of July 5. Fortunately no one was home and no one was hurt in the blaze.
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Leadership Oshkosh class graduates 38 students
The Oshkosh Chamber of Commerce graduated its largest Leadership Oshkosh class ever on May 28.
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Athletes Away: Schetter earns region's field honor
University of Wisconsin-La Crosse junior Caitlin Schetter was named the 2008 NCAA Division III Midwest Region Outdoor Field Athlete of the Year by the United States Track and Field and Cross Country Coaches ...
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Government Meetings
Town Board: 6:30 p.m. today, Municipal Building. Agenda includes: Approval or denial of Resolution 2008-21 to designate public depositories for funds of the Town of Grand Rapids; approval or denial of ...
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Stone Lake news
This Saturday, June 7, will be a busy day in Stone Lake. Starting at 7 a.m. to 11 a.m. there will be a Pancake Breakfast at the Stone Lake Fire Hall.
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Eleven get degrees at Hertel campus
Over the past six years, more than 40 students have graduated with associate degrees from the Lac Courte Oreilles Ojibwa Community College St.
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Earth Day
Earth Day will be observed on Tuesday, and a number of events centering on the enrivonment are planned for the lcoal area. via Spooner Advocate
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05.MAR.08 Tribal chairwoman testifies before Congress
"This is paternalistic and oppressive" Tribal chairwoman testifies before Congress Gary King 05.MAR.08 HERTEL/WASHINGTON, D.C. - St. via Inter-County Leader
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23 teachers opt to leave Neenah schools
"More than a handful will be teaching in areas where they are fully certified but not in the areas where they are teaching this year" NEENAH HIGH SCHOOL music teacher Todd Oxley will resign at the end of the school year. via Oshkosh Northwestern
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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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