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Divorce Buyouts
Debt Consolidation
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Waupaca, 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
| Waupaca, Wisconsin News |
Plover man gets 19 years in prison for sexual assault
WAUPACA - A Plover man has been sentenced to 19 years in prison for the sexual assaults of a 12-year-old boy in the summer of 2007 in Waupaca and Portage counties.
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Editorial: To be effective, cell phone ban needs state buy-in
It's admirable that the Waupaca County Board recently banned the use of hand-held cell phones while driving.
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Economy doesn't slow Black Friday shoppers
It seems, for one day at least, shoppers in central Wisconsin were able to forget -- or maybe even ignore -- the tumultuous economy.
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City spends almost $17,000 more for loader
A split Black River Falls City Council opted to spend about $17,000 more on a front end loader despite a bid for the machine coming in lower.
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Officials identify hunter shot dead during opening weekend
Authorities have identified the deer hunter who died Sunday morning while hunting near Shiocton.
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DNR Announces Venison Donation Sites
The Wisconsin DNR is encouraging hunters to participate in the Hunt for the Hungry program.. donating their excess venison to those in need.
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Waupaca Co. Bans Car Cell Phone Use
WAUPACA COUNTY a ' Put your cell phone away if youa TMre traveling through one central Wisconsin county.
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Fox Valley agencies score low in public records audit
Fox Valley records custodians scored low marks in a recent public records audit sponsored by the Wisconsin Freedom of Information Council.
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Cell phone driving ban in Waupaca County
Seeing people talking on their cell phones while driving is pretty common, but now that's against the law in Waupaca County.
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Waupaca bans use of phone while driving
To motorists passing through Waupaca County, beware. Using anything other than a hands-free cell phone while driving in the county could cost the user $200. The County Board approved the ban 26-1. "We are the ...
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Three MSTC nursing students honored as Janssen Scholars
GRAND RAPIDS -- Three nursing students at Mid-State Technical College recently were selected as 2008 American Psychiatric Nurses Association Janssen Scholars.
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Accident in Hull blamed on slippery roads
A 54-year-old Waupaca woman suffered non-life threatening injuries after a two-vehicle accident near Highway 10 and Badger Avenue in Hull around 3 p.m. Monday, Portage County Sheriff John Charewicz said.
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Brandon's Sweets are honored by honey organization
Beekeepers Clifford and Myrna Sweet of Brandon were recipients of the Pioneer Award during the 130th annual convention of the Wisconsin Honey Producers held Nov.
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Scandinavia man faces new sex assault charges
WAUPACA - A Scandinavia man, a registered sex offender, faces new sexual assault charges in Waupaca County.
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Gerald Laux of Clintonville charged with beating dog and breaking its back
WAUPACA - A 50-year-old Clintonville man is charged with felony mistreatment of an animal for beating a dog so hard one of the animal's vertebrae was displaced.
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Convenience store robbed
A convenience store is robbed Monday morning in Weyauwega. According to the Waupaca County Sheriff's Dept., a man entered the Sunset BP on Hwy 10-110 around 6am Monday morning and told the female employee that ...
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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