Wheeler, 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
| Wheeler, Wisconsin News |
Around the bubbler: What's on tap the week of Dec. 4
The annual Holiday Craftacular sets up shop at the Madison Masonic Center, 301 Wisconsin Ave., on Saturday, Dec.
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Tree growers hope tradition trumps economy
There are several evergreen farms in western Wisconsin that allow families to pick their own Christmas tree.
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State Capitol's Tree From Wheeler, Wis.
A nearly 30-year-old balsam fir from a Wheeler tree farm has been chosen as the state Capitol's Christmas tree.
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Commission approves CSM for church project
The pastors and congregation of Liberty Christian Center got one step closer to making their dreams of a new church a reality.
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Online
BEARSS, Paul E., 44, Downing, misdemeanor operating under the influence, third offense, and forfeiture county possession of marijuana, March 2, 80 days jail, license revoked 27 months, fined $2,168. DEFOE, ...
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Eau Claire men face felony assault charges
In Dunn County Circuit Court, Judge William Stewart bound Anthony Kurtz and Mark Monson over for arraignment on felony charges.
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Woman evacuated from home after gas line ruptures
A pregnant woman had to be evacuated when the pipe attached to a pair of LP tanks was found snapped off behind her residence in Wheeler.
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John Peter Reiss
John Peter Reiss, 73, long-time Saint Michael's College English Professor, passed away unexpectedly on Tuesday, Sept.
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Soap-making hobby blossoms into business
It was a hobby for Carla Benson, but she also wanted to provide gentle soap for Shawnda, who had sensitive skin.
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Bike thefts spike in area
Bicycles are a popular mode of transportation these days, and bike thefts seem to have become more prevalent as well.
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Dog killed in Wheeler
A dog recovering from being shot with a BB gun was found hanging by his collar on a post in a backyard in Wheeler.
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Mine gets two years to build conveyor
Although Fairmount Minerals asked, its wish to eliminate a condition from its special exception permit was turned down.
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Mining firm gains time in Dunn County
Dunn County Board of Adjustment members Tuesday did not grant a request by a mining company to remove a condition from its special exception permit, but they did give the company more time.
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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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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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Bat-wielding man beats up his own car
A 20-year-old Menomonie man apparently upset about his girlfriend became so angry that when his 23-year-old neighbor told him not to drive drunk, the younger man hit his own car with a baseball bat.
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Memories
Algoma will have a community center open three afternoons a week at Knudson Hall, providing activities for senior citizens and people of all ages.
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Online
GOLF CART, taken from Chippewa Valley Golf Club, 2200 Crestwood Dr. Value $3,500. Reported 4:28 p.m. Saturday.
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Sisters open Boyceville area market, bakery
Updated: 6/9/2008 11:22:01 PM PRINT If You Go Where: E4548 Highway FF, Boyceville.
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New Supervisor
Minutes submitted by Judy Ferris, County Clerk. The monthly meeting of the board took place on its alternate meeting date, the 4th Thursday following the 1st Monday, May 29th at 9:00 a.m. 29 Board members were ...
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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