Three Lakes, 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
| Three Lakes, Wisconsin News |
It's time to file for spring races
People who are interested in giving more input on local government issues can begin to circulate nomination papers for positions on a city council, town boards and three area school boards.
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'Fill 'er Up' recalls service with a smile
A new coffee table book for motor heads is out in time for the holidays. 'Fill 'er Up: The Glory Days of Wisconsin Gas Stations' includes an impressive Art Deco structure located on North Main Street in Fond du ...
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Schools looking to lawmakers for some revenue cap relief
All three school districts in this area will return to referendum next year to exceed state revenue caps, but administrators hope that legislators can provide some relief to the ongoing cycle.
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Misco, Audrey F.
Audrey Misco, 80, formerly of De Pere, passed away peacefully on Saturday, Oct. 18, 2008, surrounded by her family.Audrey was born Aug.
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Summit Up
The group spent eight days riding in' great biking country with rolling hills, pristine roads, and lots of corn fields' and reported great beer and brats, too.
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16th Pumpkin Fest set this Saturday
The Three Lakes Fire Department Auxiliary will present the 16th annual Pumpkin Fest this Saturday, Oct.
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Laker volleyball players among the Northern Lakes league leaders
NLC Volleyball Standings W L Wabeno 6 0 Florence 6 1 Three Lakes 5 1 Crandon 4 2 White Lake 4 2 Laona 2 4 Goodman 2 4 Elcho 2 5 Conserve 2 5 Phelps 2 5 Pembine 0 6 White Lake volleyball players Danielle Stegall ...
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Cranberry Fest arrives
Tourism officials expect more than 30,000 people will converge on Eagle River for Cranberry Fest this Saturday and Sunday, Oct.
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Opposition swells to boat lift closure between chains
The Three Lakes Town Board stalled efforts to temporarily close the Burnt Rollways boat lift last Tuesday after hearing opposition from town officials and property owners on the Eagle River side of the 28-lake ...
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Passehl, Barbara
Barbara Passehl, 69, Three Lakes, Wis., died unexpectedly on Sept. 24, 2008. Born and raised in Menasha, she graduated from Menasha High School in 1957.
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Recovering crash victims now husband and wife
Though they have a long road to recovery following a three-vehicle accident last month, a Three Lakes couple is braving the challenges together - now as husband and wife.
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Anniversary: LeRoy and Gertrude Kellner
LeRoy and Gertrude Kellner of 3201B West Meadows Court, Sheboygan celebrated their 60th wedding anniversary on July 6, 2008 at Arbor Vitae camping and with a dinner at Bonnie's Lakeside Resort in Three Lakes, ...
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Missing Wausau man's truck found near Three Lakes
A missing Wausau man's truck is found south of Three Lakes. 39 year old Joseph Skittone told his employer he was going to Three Lakes; he has been missing ever since.
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Police looking for missing man
The Wausau Police department is searching for a 39-year-old man who disappeared August 11.
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Schools to open next Tuesday
Students in the Northland Pines, Three Lakes and Phelps school districts will head back to school next Tuesday, Sept.
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Time to stop the rumors
Editor, the Daily News I was greatly dismayed and disappointed when I read a recent KT-VU letter to the editor.
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Bruce G. Lampone
Bruce G. Lampone Mr. Bruce Lampone, of Kohler, passed away unexpectedly on Friday, August 1, 2008, at the age of 49.
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Beach testing continues in Oneida County
Four beaches are currently being tested as part of the Oneida County Health Department's 2008 beach testing program.
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Shore lunches are carefully executed
Northwoods notebook Just over one week ago there was an extremely important meeting held at the Eagle River Inn.
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Martin, Gary C.
Gary C. Martin, Appleton, 60, passed away on Thursday, July 24, 2008, at Cherry Meadows with his family by his side, after a one year battle with ALS .
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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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