Union Grove, 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
| Union Grove, Wisconsin News |
Parades, tree lightings, a cookie walk and more events, it's time for a Country Christmas
From a holiday home tour to parades, tree-lighting ceremonies, cookie walks and lots of good cheer, Christmas comes to the countryside this weekend as Waterford, Union Grove, Burlington and their surrounding ...
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Reinardy, Dr. Arthur L.
Dr. Arthur L. Reinardy, 96, Kewaunee, died Sunday, Nov. 23, 2008, at the Kewaunee Care Center.
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Raymond and Union Grove see tax rate increases
Local school districts are feeling the brunt of a drop in state aid and little or no growth in tax base, which will affect this year's property tax bills, school administrators said.
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Police Reports: Nov. 17
RACINE Bomb threat made against American Legion Someone called a phony bomb threat in to the American Legion Post 546, 1234 Douglas Ave., on Sunday night, Racine police said.
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1938 Fiat Topolino
This car was last raced in 1973 at Great Lakes Dragaway in Union Grove, WI. It sat apart until 2008 when I started reassembling the car.
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3-year-old in critical condition after crash that killed grandmother
A 3-year-old girl remains is in critical condition this morning at Children's Hospital of Wisconsin after a crash Friday in the parking lot at Southridge Mall that killed her grandmother, Greendale police said ...
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Antique restorers have always been 'green'
He and his brother are now among the most sought-after antique furniture restorers in the Madison area, but at age 9, Mark Mahon could often be found at the local dump in Union Grove, scrounging around for ...
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Tax rates being set in greater Grove area
Residents of the greater Union Grove/Yorkville area will pay more for school taxes next year.
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School Notes 11.11
The Park High School music department and the Walden III High School music department will present a Fall Jazz Concert beginning at 7 p.m. Tuesday, Nov.
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Union Grove Veterans Day ceremony cancelled
There will not be a Veterans Day ceremony at the Southern Wisconsin Veterans Memorial Cemetery in Union Grove this year due to the construction of a new columbarium.
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Police Reports: Nov. 6
Man arrested for holding woman against her will, assaulting her RACINE - A 25-year-old Racine man was arrested Thursday after he allegedly held a New Berlin woman in his apartment against her will for several ...
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Vos leads in 63rd District race
Voters in northern Racine County gave an endorsement to State Rep. Robin Vos and his emphasis on containing taxes Tuesday.
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Work under way on fire station addition
Things got a little tight at the town fire station earlier this year after the Kansasville Fire and Rescue Department quickly got into the rescue squad business.
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Nominations sought for outstanding veteran
The Wisconsin Board of Veterans Affairs is seeking nominations for its Veteran Lifetime Achievement Award to be presented at its meeting on Dec.
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Campus Notes
University of Wisconsin-Platteville student Rachel Rank received the Grace Johnson Scholarship.
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The Taize Way: Simple, mostly silent service gives worshippers space to think and pray
A few minutes before people arrived, the Rev. Manda Stack began to light the votive candles set around the church.
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Milwaukee, Wisconsin News, Talk, Sports, Weather
A race track in the Milwaukee area hopes to prevent incidents like the death of a Whitnall High School student in a street-racing crash.
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Union Grove closes on purchase of school property
Village President Mike Aimone received a box with a big blue bow on it at his office at the Union Grove Municipal Center last week.
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Union Grove mill to remain for time being
Looming above the downtown Union Grove skyline, the old CPI grain mill stands idle, a tribute to the days when agriculture played the central role in the area's economy.
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Decision to allow deputies to spend more time in western Racine County
Sheriff's deputies will be able to spend more time on the far west end of the county after the sheriff reversed his decision to change the starting place of their shifts.
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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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