Shell Lake, 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
| Shell Lake, Wisconsin News |
Namekagon Transit begins Shell Lake-to-Hayward route
The Sawyer County/Lac Courte Oreilles Transit Commission has announced that Namekagon Transit will start a new Shell Lake-to-Hayward bus route running Monday through Thursday, The route will run through the ...
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25.NOV.08 Head Start center dedicated to Bruce
Head Start center dedicated to Bruce The Washburn County Head Start Center dedicated its building and a new sign to late teacher Beverlee Bruce.
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The Circus Parade, by CJ Conner. - Photo submitted
CJ Conner, nationally famous artist based in Chetek, but formerly of Hayward, will debut her latest works on Saturday, Dec.
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Herman Heller
Herman Heller , age 88, a resident of Gordon, died on Saturday, Nov. 29, 2008. Herman Carl Heller was born on April 4, 1920, in the Town of Kronen-wetter, Marathon County, near Wausau, to parents John H. and ...
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County board passes budget and tax levy
Regan Kohler 25.NOV.08 SHELL LAKE - The Washburn County Board passed the 2009 budget, and the 2008 tax levy, at a meeting Wednesday, Nov.
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25.NOV.08 Man pleads guilty to gratifcation with an animal
Man pleads guilty to gratifcation with an animal Regan Kohler 25.NOV.08 SHELL LAKE - A Spooner man pled guilty and was sentenced Thursday, Nov.
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25.NOV.08 Christmas in the air
Christmas in the air Diane Dryden 25.NOV.08 SHELL LAKE - Let the sights and sounds of Christmas fill the air because it's Holiday Saturday in Shell Lake on Saturday, Dec.
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Local relief effort helps Haitian refugees, orphans
Students have been donning winter coats and hats for sometime now in Cumberland, but they haven't forgotten about the summer's devastating weather in other parts of the world.
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Proposal for heating assistance turned down by county board
The Washburn County Board turned down a request to use $250,000 from the power line fund for an emergency heating assistance program, at a meeting Wednesday, Nov.
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19.NOV.08 Generation of Thanks For Generation of Service
Generation of Thanks For Generation of Service Master Sgt. Brad Zimmerman, his sons, Pvt.
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19.NOV.08 Lovelite tree to shine in park
Lovelite tree to shine in park SHELL LAKE - Indianhead Community Health Care Inc., invites you to share in the holiday spirit by once again offering lovelites.
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12.NOV.08 Early copy, please
Washburn County Register * wcregister@centurytel.net * 715-468-2314 * Fax 715-468-4900 * PO Box 455, Shell Lake, WI 54871 Early copy, please SHELL LAKE - Due to the Thanksgiving holiday, the deadline for ad ...
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31.OCT.08 Candidates respond to Leader survey
BURNETT/POLK/WASHBURN COUNTIES - Candidates for State Assembly and State Senate responded to questions posed by the Inter-County Leader newspaper over the past five weeks.
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A Gift as Unique as Your Child
Today's Life Solutions / Family / ARA Content A Gift as Unique as Your Child November 15, 2008 - Finding that perfect gift for your friend's new baby or your nephew's upcoming birthday might seem like an ...
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Hilbert vs. Shell Lake
WIAA playoffs level four, in Division 7, Hilbert and Shell Lake clashed in Stevens Point.
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Wood pellets may fuel school boilers
Rather than continuing to use wood chips to fuel wood boilers that heat buildings in the Barron Area School District, school officials are researching the possibility of using wood pellets as a preferred fuel ...
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12.NOV.08 Second graduation for drug and alcohol court held
Second graduation for drug and alcohol court held Regan Kohler 12.NOV.08 SHELL LAKE - The Washburn County Drug and Alcohol Court had its second graduation Tuesday, Nov.
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12.NOV.08 Fire department fundraiser set
Fire department fundraiser set Regan Kohler 12.NOV.08 SHELL LAKE - The Shell Lake Fire Department is holding a fundraiser in hopes to purchase some equipment that will enhance its capabilities.
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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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Fiddle music
Photo by Bill Thornley Fiddle music emanated from the stage at the Shell Lake Arts Center on Saturday as 47 musicians of every age and talent level took part in the 9th Annual Northern Heritage Fiddle Contest.
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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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