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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
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Spring Valley, 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
| Spring Valley, Wisconsin News |
Spring Valley farm working to rescue abandoned horses
More and more horses are being abandoned in Wisconsin and the Refuge Farm of Spring Valley has rescued 150 horses this year.
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Langer elected new chamber president; Gulbranson wins Larson award
Tami Langer was elected the 2009 Ellsworth Chamber of Commerce President Thursday night during the organization's annual dinner at the Spring Valley Banquet Hall.
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Spring Valley wins season, D-SC opener over Elmwood
A 20-2 run in the second quarter helped Spring Valley secure its first win of the season and in Dunn-St. Croix Conference play Thursday, 48-24. After the Raiders' Karen Hartung nailed a three-point shot at the ...
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Help save a life
With the holidays, it's a busy time of year. The American Red Cross asks people to consider adding one more item to their to-do list: Donating blood.
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SV contractor charged with theft
A Spring Valley man was charged last month in Pierce County Court with felony theft.
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Ten days out for entertainment: Nov. 14 - 23
The eighth annual "My Favorite Things" handmade craft show is being put on by Sally Bystrom and Friends in Old Frontenac.
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Spring Valley's Sandra Gilbert will discuss horse rescue on public radio
The struggling economy has brought the cost of keeping animals to new levels. Those involved with horse rescue fear an increase in the need for their programs in the upcoming months.
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A Pierce County five is All-DSC
Five from Pierce County were chosen for the 2008 All Dunn-St. Croix Volleyball team.
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Scott Hunter benefit Nov. 8 at Elmwood Rod and Gun
A benefit is planned for a Spring Valley man who has long had diabetes and is now seeking a pancreas transplant.
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Nonprofit reports more horses needing rescue
The troubled economy is hurting horses too. The Country Today reports a growing number of horses need rescue and care because their owners can no longer afford increasingly expensive hay and horse feed.
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Benefit set for Spring Valley diabetic seeking pancreas transplant
A benefit is planned for a Spring Valley man who has long had diabetes and is now seeking a pancreas transplant.
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Motorcycle Crash Kills Western Wisconsin Man
A motorcycle crash in St. Croix County kills a western Wisconsin man. It happened Sunday morning just after 2:30 a.m. in the Town of Baldwin.
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Spring Valley man dies in motorcycle crash
A man was killed early Sunday morning in the town of Baldwin after he failed to stop at a stop sign and lost control of his motorcycle.
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Noted photographer to highlight fall gala
A conversation with Tony Stromberg, the Santa Fe photographer who unveiled his second coffee table book of horse images in September, will highlight a fall gala Saturday, Nov.
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2 Wisconsin teens injured after falling from trunk of moving car
Two Wisconsin teenagers were hurt Tuesday night after they fell off the trunk of a moving car, the Pierce County sheriff's department said.
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Tribute honors fallen soldier
Mary Jacobs remembers well the day her mother received word that Mary's brother - Maj.
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Now playing: Band of Bird brothers reunites to play in Knapp
After an hiatus of some 40 years, the Birds Dairyland Band will play for an old-time dance today , from 3 to 6 p.m., at the Knapp House located west of Menom-onie on Highway 12.
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Committee chairs named for 2010 Farm Technology Days
Fire late Wednesday consumed a barn in the Town of Ellsworth. The Ellsworth Fire Department was called at 11:38 p.m. to the Rae Ann Andrea property, W5329 CTH N, Beldenville.
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Weather station interests Spring Valley students
The weather is becoming an educational experience for some Spring Valley Middle and High School students.
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Crash sends six to hospital
Two adults and four children were taken to River Falls Area Hospital at around 1:40 p.m. Sunday after they were involved in a two-car accident in Pierce County.
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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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