Oakfield, 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
| Oakfield, Wisconsin News |
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 ...
|
Oakfield Area News & Notes
The Oakfield Public Library will host a Thanksgiving-themed story time at 10 a.m. Tuesday, Nov.
|
Fond du Lac County Fatal Accident
A 58-year-old Oakfield man is killed in a car accident in Fond du Lac County. Deputies say the man's car hit a culvert on County Highway B in Oakfield yesterday and flipped onto its roof.
|
Officers responding to fatal accident
Fond du Lac County law enforcement officers responded to the scene of a fatal accident at about 2:20 p.m. today northeast of Oakfield in the area of County Trunk B and D. The car rolled over, trapping a man ...
|
Oakfield teen at national FFA convention
Oakfield High School student Nicole Kottke, member of the Oakfield FFA, was one of 60 individuals and groups who performed before more than 20,000 people at the 2008 National FFA Convention in Indianapolis, ...
|
Notes From School
American Education Week will be celebrated across the nation Nov. 16 to 22. The event salutes schools and educators for their contributions to communities.
|
Warning: Deer on the move
Motorists are advised to watch for deer, especially when driving in the early morning and evening.
|
Oakfield Area News
Oakfield High School freshman Ben Liebelt was recently selected to perform in the honor choir at the Wisconsin School Music Association Middle Level State Honors Music Project concert held in Madison on Nov.
|
Oakfield will see 40% rise in water rate
Oakfield water utility customers could see their rates increase by 40 percent if the Wisconsin Public Service Commission approves the rate application the utility submitted last week.
|
Public school numbers still shrinking
For the fifth year in a row, student enrollment in public schools statewide has declined, adversely affecting already burdened school budgets that continue to climb.
|
Oakfield Area News & Notes
The Oakfield Lions Club will hold its board of directors meeting at 7 p.m. today, Nov.
|
County Bar Association to host food drive
Residents who wish to support the hungry on Election Day are asked to deliver non-perishable items to their polling places.
|
FdL residents Make a Difference with volunteer yard work effort
Nearly 200 students and adults raked lawns for elderly and disabled homeowners in the Fond du Lac area on Saturday during the annual Make a Difference Day Rake Relief.
|
IRS owes $2 million to state taxpayers
Are you still waiting for your refund or economic stimulus check? You're not alone.
|
Crossroads Oakfield
Oakfield public school students will not have school Thursday, Oct. 30, and Friday, Oct.
|
Northeast Dodge County News
The annual American Legion baseball benefit breakfast will be held from 7:30 a.m. to noon Sunday, Nov.
|
Layoffs may help balance budget for FdL County
The 2009 proposed Fond du Lac County budget contains no service cuts but will require some personnel adjustments.
|
Spanbauer, Mann battle in the 53rd District
A realtor and an attorney are running for the the 53rd Assembly District seat. Republican Richard Spanbauer and Democrat Jeff Mann will be on the ballot this fall, vying for the seat being vacated by Republican ...
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|