Sheboygan, 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
| Sheboygan, Wisconsin News |
Collie freezes to sidewalk when left outside overnight, survives in Sheboygan
An elderly border collie mix froze to the sidewalk when it was left outside overnight in single-digit temperatures, but the 'morbidly obese' dog survived due to insulation from layers of fat, according to the ...
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UW-Sheboygan Choir, Jazz Ensemble to present 'Sounds of the Season'
The public is invited to celebrate the holidays at the University of Wisconsin-Sheboygan for a joint holiday concert, 'The Sounds of the Season,' featuring the UW-Sheboygan Chorus and Jazz Ensemble and the ...
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Fit to be Thai'd: Sheboygan Theatre Company opens its holiday musical 'The King and I' Friday
The Sheboygan Theatre Company continues its 75th season - sponsored by the Stefanie H. Weill Charitable Fund and Acuity for the Arts - with the opening of "The King and I" on Friday, Dec.
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Mixed Feelings About Snow In Sheboygan
" TODAY'S TMJ4's Michael George was in Sheboygan during Wednesday's snowfall, and he talked with a woman who doesn't like this winter weather! Sheboygan was hit hard with snow and winter weather for the second ...
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Sheboygan Roads Wet, Slushy
Sheboygan County Sheriffa TMs Lieutenant Mark Rupnik appeared on Live at Noon via a phone interview and said as of noon Wednesday, about an inch of snow had fallen in Sheboygan County.
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Winter parking regulations in Sheboygan County
In the winter months, the rules of off-street parking change in area communities.
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Wausau artist included in Sheboygan exhibition
An artwork by Wausau artist Jeana McGivern has been selected for the exhibit 'What Matters Most' at the John Michael Kohler Arts Center.
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Sheboygan County Better-Prepared This Winter
Much of the viewing area is blanked with snow. Roughly ten inches fell in Random Lake, almost double what other cities saw in Sheboygan County.
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Story, photos: Woman rescued from Lake Michigan
A 55-year-old Elkhart Lake woman was rescued from Lake Michigan on Saturday afternoon by the U.S. Coast Guard, according to a press release from the Sheboygan Police Department.
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SE Wisconsin Gets First Major Snowstorm
A band of six to 10 inches of snow has fallen in southeastern Wisconsin in the season's first major snowstorm.
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Officials search for hunter missing in Sheboygan County
The Sheboygan County Sheriff's Department has confirmed reports of a missing hunter in the Sheboygan County Marsh.
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Sheboygan man sentenced for punching infant daughter
A 30-year-old Sheboygan man has been sentenced to eight years in prison for punching his infant daughter in the head and chest and breaking her leg, online court records show.
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Photos: Mishicot vs. Sheboygan Falls Boys BB
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Man, woman face drug charges after bust near Horace Mann school
A 28-year-old man and a 22-year-old woman from Sheboygan each could receive up to 4 years in prison and a $20,000 fine if convicted in connection with a drug bust Thursday near Horace Mann Middle School.
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Man charged with peeping in women's restroom
A 51-year-old Sheboygan man was charged Monday after a women allegedly discovered him in a women's restroom stall using a mirror to spy on her.
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17-year-old charged in Subway robbery
A 17-year-old Sheboygan boy was charged Monday with armed robbery and intimidating a victim in connection with the Nov.
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Fatal Sheboygan Fire Started in Kitchen
The Sheboygan Fire Department completed its investigation of a fire that killed a five-month-old last week.
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Sheboygan man charged with firing gun in apartment
A 22-year-old Sheboygan man was charged Tuesday for allegedly using a handgun to fire numerous shots from inside his south-side apartment after a drunken argument.
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Woman charged with abusing 15-month-old daughter
A 24-year-old Sheboygan woman has been charged with child abuse for allegedly striking her 15-month old daughter repeatedly in a fit of anger.
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Sex charged against former Sheboygan school custodian dropped
Charges alleging a former school custodian had sex with 16-year-old student in 1999 were dismissed last week due to lack of evidence, court records show.
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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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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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