Shullsburg, 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
| Shullsburg, Wisconsin News |
Shullsburg kicking off holiday season
Dan Morrissey, of Shullsburg, Wis., sets a Christmas wreath at a family member's grave at St.
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Cuba City
Cuba City High School Principal Tim Hazen recently submitted his resignation to the district's school board.
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Gravity Hill lures skeptics, fanatics seeking rationale
I am spooked to visit Gravity Hill. I shiver to write about it, especially on this Halloween Day.
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Hazel Green
Doug McArthur, a member of the Wisconsin Football Coaches Hall of Fame, is the new principal at Southwestern elementary/middle school.
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Teacher Charged With Sex With Student
A high school teacher has been charged with two felony counts of having sex with a student over the age of 16 while he was employed at the school.
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Temple keeps faith with community, traditions
A menorah is illuminated by the late afternoon sun inside Temple Beth El in Dubuque last week.
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Cabin-raising celebration today
SHULLSBURG Wis. -- Shullsburg's Tailings Country Store is hosting a cabin-raising celebration from 10 a.m. to 5 p.m., today.
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Cheese sculptures mesmerize in Shullsburg
If the word "cheese" comes to mind when thinking of Wisconsin, then a cheesefest is a good reason to go north.
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Atlantic Lottery Scam Still Making The Rounds
With unemployment rising and the cost of nearly everything going up, who wouldn't want to believe that they had just won a small fortune in the lottery? And that's exactly what scammers are counting on.
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Man drowns while swimming in southern Wisconsin
Lafayette County sheriff's officials have recovered the body of a missing swimmer from a lake in Belmont Township.
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- 23-year-old Shullsburg man drowns at Lake Joy
BELMONT, Wis. - A 23-year-old Shullsburg man drowned Sunday night at the Lake Joy campground in Belmont Township.
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Shullsburg man killed in car accident
DARLINGTON, Wis. -- A longtime Shullsburg dentist was killed in a one-car accident late Thursday, according to the Lafayette County Sheriff's Department.
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Campaign to run through Aug. 18
The Lafayette Development Corporation, in conjunction with the communities of Argyle, Belmont, Benton, Blanchardville, Darlington, Gratiot, Shullsburg and South Wayne, have developed a "Shop Local First" ...
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Shullsburg man killed in car accident
DARLINGTON, Wis. -- A longtime Shullsburg dentist was killed in a one-car accident late Thursday, according to the Lafayette County Sheriff's Department.
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1 person injured in 3-vehicle accident
One person required medical treatment after a three-vehicle accident Friday night on Dodge Street at the intersection of Locust Street.
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Author to sign copies of 'Mining Tours'
SHULLSBURG, Wis. -- Carol March McLernon, author of "Mining Tours of Southwest Wisconsin," will sign copies of her book from 10 a.m. to 2 p.m. Friday, July 4, in Shullsburg Park.
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Students participate in symposium
MADISON, Wis. -- David Baumann, of Platteville, and Carissa Ubersox, of Shullsburg, were among 400 University of Wisconsin-Madison students to participate in the 10th annual Undergraduate Symposium. via Dubuque Telegraph Herald
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Shullsburg
The Southwest Wisconsin Small Business Development Center is conducting a workshop of Farmers Markets from 6 to 8 p.m. Tuesday, May 6, at the Townsend Community Center, 190 N. Judgement St.. Organizers say the ... via Dubuque Telegraph Herald
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Police Beat
Julie M. Culbert, 32, faces charges of public intoxication and interfering with police actions when she reportedly refused to stop after told to do so by police responding to a call at 1499 Bluff St. via Dubuque Telegraph Herald
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2 injured when buggy hits utility pole
SHULLSBURG, Wis. -- Two people were treated for injuries at Memorial Hospital of Lafayette County after a horse-drawn buggy hit a utility pole Sunday afternoon in Shullsburg. via Dubuque Telegraph Herald
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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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