Horicon, 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
| Horicon, Wisconsin News |
Authorities search for missing Horicon child
The Wisconsin Clearinghouse for Missing and Exploited Children and Adults is assisting the Horicon Police Department in the search for a missing Horicon child.
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Notes From School
Thanksgiving Break will be observed Wednesday, Nov. 26, to Sunday, Nov. 30, for students, teachers and staff of the Fond du Lac School District, Oakfield School District, Lomira School District, Campbellsport ...
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Milwaukee, Wisconsin News, Talk, Sports, Weather
The state will have to leave 3,500 state jobs vacant, eliminate employee bonuses and cut agencies' budgets by 12.5 percent to deal with the worst projected budget deficit in its history, Gov.
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Doyle orders new spending cuts
Gov. Jim Doyle on Thursday ordered new measures to cut spending in the face of the state's largest ever deficit: a hiring freeze on 3,500 jobs, the sale of 500 vehicles, an additional $20 million, 2.5 percent ...
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Horicon's winter parking ban OK'd
By a 4-1 vote of the Horicon City Council Tuesday night, there will be no parking on any public street or alley between the hours of 2 a.m. and 6 a.m. from Dec.
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Homeless man injured after jumping from train in Horicon
A homeless man was transported to a Beaver Dam hospital after he injured himself jumping from a moving train on Nov.
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Police say Dodge chase was necessary
To pursue or not to pursue: It's a split decision patrol officers must make, especially in a situation involving a high-speed chase.
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Horicon looks at district budget
Where do we want to go to solve budget problems for next year? That question was posed by District Administrator Gary Berger to the Horicon School District Board of Education Monday night.
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Teens Lead Police on High-Speed Chase Near Horicon
Police in Horicon say they have arrested two teenagers after a 20-mile chase that reached speeds of more than 100 mph.
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Madison / Democrats work on stimulus package
Wisconsin Gov. Jim Doyle and Democratic legislative leaders are working on an economic stimulus package they say will create jobs, help businesses and aid struggling homeowners.
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HORICON: Parent-teacher conferences set
Parent-teacher conferences at Horicon High School are scheduled for Tuesday, from 1:30 to 5:30 p.m., and Thursday from 3:30 to 7:30 p.m. Parents are encouraged to bring their children with them to maximum the ...
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Horicon's Highway 33 project inches closer to reality
There was some good news at city hall as Mayor James Grigg reported that bids opened in Madison for the scheduled 2009 Highway 33 reconstruction project came in below the anticipated projections of cost by the ...
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Blomberg: November defines season changes
November is fall's pathway to winter. Standing between soft October and cold December, it is a month when chilly winds blow, harvests end and wintry weather knocks at our door.
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Horicon master plan effort begins
What do you envision for the city of Horicon in 2030? Mark Roffers, principal with Vandewalle & Associates, would like public response to that question as he prepares to update the city's 2000 comprehensive ...
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Two Democrats seek top Assembly post
MADISON - The race to become the next speaker of the state Assembly is down to two.
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Horicon woman, 33, faces arson charges
A 33-year-old Horicon woman told authorities that she believed setting fire to her apartment was the easiest way to get out of her lease.
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Robert Zimmer column: Snowy owls are patient, clever hunters
The full Owl Moon glowed in the November twilight as slate gray clouds brushed across its face, drifting toward the horizon.
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Jamie R. Allen appeared in court on a charge of arson to a building.
A 33-year-old Horicon woman set fire to her apartment Tuesday because she didn't want to live there anymore and it seemed to be the quickest way to get out, according to police.
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Charges filed in restaurant burglary
A Horicon man accused of trying to break into a restaurant cash register has been charged with a felony.
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Fire in Horicon termed suspicious
A fire at the back of the one-story wood frame apartment building at 905 Division St.
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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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