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Divorce Buyouts
Debt Consolidation
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Neosho, 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
| Neosho, Wisconsin News |
Neosho man pleads no contest to 7th OWI
A Neosho man pleaded no contest Thursday to his seventh offense of operating while impaired.
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Toepfer earns 4-H Key award
Marisa Toepfer, a graduate of the Golden Rule 4-H Club after 10 years of membership, was named the sole recipient of a coveted 4-H Key Award at the 2008 Dodge County 4-H Achievement program Sunday afternoon.
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Suddenly, very serious accidents
HIGHWAY 45 CRASH --Two southern Wisconsin men were ejected from this truck when it left Highway 45 north of Elcho and rolled over in a ditch during the noon hour Sunday.
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Man arrested for 7th OWI
A Neosho man was arrested for his seventh offense of operating while impaired Aug.
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Standoff leads to charges
An Iron Ridge man faces a preliminary hearing after the Dodge County District Attorney's Office charged him with one felony and several misdemeanors on Tuesday resulting from a three-hour standoff with police ...
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Dodge County treasurer plans to seek re-election
Dodge County Treasurer Patti Hilker will seek her fourth term as treasurer this fall in the 2008 election.
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Action: Online courses benefit busy students
Many students favor online courses to fit their busy lifestyles, according to a recent survey of online students conducted by the Wisconsin technical colleges' distance learning consortium, eTech College.
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Woman runs stop sign, hurt in crash
A 53-year-old Hartford woman was seriously injured Wednesday night in a two-vehicle crash in Dodge County.
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Hartford woman killed in Dodge County crash
NEOSHO - A 53-year-old Hartford woman has died from injuries she received Wednesday in a two-vehicle accident near Neosho.
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Man charged in campground incident
A Neosho man was charged Monday with disorderly conduct with a dangerous weapon after a weekend incident at Neosho Campground Authorities responded to the campground after receiving reports that a man was using ... via Beaver Dam Daily Citizen
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Horicon scholarship recipients named
Recipients of local scholarships valued at about $25,000 and other awards and scholarships were revealed during the annual Senior Awards Night program at Horicon High School Monday night. via Beaver Dam Daily Citizen
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Action: MPTC, UW-O articulation agreement means instructional assistant credits will transfer
"Lately, I have been receiving job-related compliments from the teachers I work with" Instructional Assistant program students at Moraine Park Technical College are now able to transfer their associate of applied science degree to the UW-Oshkosh's special education bachelor of science degree. via WisInfo
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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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