South Wayne, 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
| South Wayne, Wisconsin News |
Two want the chance to take on Davis
The race to face incumbent Rep. Brett Davis, R-Oregon, starts Tuesday when voters will decided between two Monroe residents in the 80th Assembly District Democratic primary.
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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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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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Courts
The jail time is consecutive to the probation on the other charges. * Cody J. Akey, 21, of W10648 Highway 64, Withee; no contest plea; two charges of resisting or obstructing and officer and one charge of ...
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Darlington
Lafayette County UW-Extension and Lafayette County Home and Community Education are conducting the 2008 Forever Garden Tour, from 10 a.m. to 1 p.m., Saturday, June 7, in Darlington.
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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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