Sarona, 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
| Sarona, Wisconsin News |
05.NOV.08 Shell Lake man dies in car accident
Shell Lake man dies in car accident Regan Kohler 05.NOV.08 SARONA - A 52-year-old Shell Lake man was fatally injured in a one-vehicle rollover on CTH D, Sarona, around 7:07 a.m. on Sunday, Nov.
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Shell Lake man dies in one-vehicle rollover
Gary King 03.NOV.08 SARONA - The victim of a one-vehicle rollover near Sarona, Sunday morning, has been identified as John D. Lindemann, 52, of Shell Lake.
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Shell Lake man dies in Washburn County crash
A Shell Lake man is dead following an accident Sunday morning on Highway D east of U.S. 53 near Sarona.
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Man Dies in Rollover Crash
A man is dead after he lost control and rolled the car he was driving. It happened Sunday just after 7 a.m. in the morning on County Road D, about two miles east of Sarona.
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1 dead in rollover crash in Washburn County
One person died in a rollover crash Sunday morning near Sarona, the Wisconsin State Patrol said.
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Fatal Accident in Washburn County
A one- vehicle accident near the city of Sarona in Washburn County ended with the driver being killed.
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One vehicle rollover is fatal
On Sunday, November 02,at 7:07 a.m., a report of a crash occurring on CTH D, two miles east of Hwy.
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Trego hears of options for intersection improvements
The Department of Transportation continued its long-range study for the Hwy. 53 preservation study, with a meeting for local business owners at the Trego Town Hall Tuesday, Oct.
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08.OCT.08 Whitetails Unlimited banquet and hunters raffle held
Whitetails Unlimited banquet and hunters raffle held Mark Kronlund came away from the whitetail banquet with a young chocolate Labrador retriever that he bought in the auction.
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Wisconsin ATV Guide
One of the longest trail systems in the state of Wisconsin, the Wild Rivers State Trail traverses three northwestern Wisconsin counties.
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Relay Sept. 27 at Hunt Hill
The PLAY Foundation of Northwest Wisconsin will hold its third annual Get Runnin Relay on Saturday, Sept.
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Health care referendum on board agenda
Regan Kohler 13.AUG.08 bSHELL LAKE - A recommendation for an advisory referendum on health care reform will be on the Washburn County Board's August meeting agenda, among many other items.
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History of logging presented in story and songs
Kevin McMullin, co-founder and performer/fiddler of folk band Duck for the Oyster, knows how to entertain.
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13.AUG.08 History of logging presented at Hunt Hill
The history of logging is a brief transition from the long history of the Ojibwas who lived for centuries on the land, to the history of agriculture which is a little over a century old.
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Lead-contaminated soil at the airport will be encapsulated and buried. - Special photo
Regan Kohler 13.AUG.08 SHELL LAKE - The Shell Lake City Council addressed the lead remediation at the airport during their meeting Monday, Aug.
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Seven vying for Barron County sheriff's position
Seven people have filed applications with Gov. Jim Doyle's office to become the next Barron County sheriff.
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Six candidates vying for sheriff
As of Tuesday, six candidates have tossed their hats into the ring to be Barron County's new sheriff.
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Accidents injure three
According to Washburn County Sheriff's Office accident reports: Michael Bender, 58, of Sarona suffered severe injuries when he lost control of his vehicle on a turn, drove off the road, and his vehicle ...
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Tractor accident injures two on Hwy. 253
A tractor was rear-ended by a truck on Hwy. 253 and CTH B, Beaver Brook, around 9:37 p.m. Monday, July 14.
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Man sentenced to prison in check fraud case
Regan Kohler 23.JUL.08 WASHBURN COUNTY - Philip G. Nelson, one of three named in a check fraud ring last summer, was sentenced to prison after guilty and no-contest pleas last week.
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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