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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Wittenberg, 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
| Wittenberg, Wisconsin News |
Marathon County ambulances get lifesaving upgrade
Grants totaling more than $90,000 will help five Marathon County ambulance services diagnose heart attacks more quickly and effectively among the patients they serve.
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Grants to improve heart attack monitoring for five departments
A combination of grants totaling more than $90,000 will help five area ambulance services better identify heart attack patients.
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Wreath Making Event Supports Beautiful Downtown Murals
As we all go outside in the snow to put out Christmas decorations, one local organization wants you to think about decorating with one of their wreaths this year for a good cause.
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Remembrance: Loved ones bid farewell to family 'historian'
Relatives arrived from Texas, Florida, Virginia and across Wisconsin during Ruby Weller's final days.
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Firefighter killed in crash
Ringle firefighters who arrived on the scene of a fatal crash Wednesday morning discovered one of their own among the victims.
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Authorities: Crash in Marathon County kills 2
A second man has died as the result of an early morning traffic crash in Marathon County.
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Court Records
Source: Portage County Clerk of Courts Armed robbery: Robin W. Laars, 22, convicted of armed robbery.
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Hobart tax levy increased by 4.2%
HOBART - Residents will see an 11-cent increase in their tax rate as part of the 2009 budget passed by the village.
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Bible Truth Chapel's Operation Christmas Child program gives gifts to kids around the world
Children around the world may feel a little Christmas cheer for the first time this year, thanks to thousands of donations from local residents.
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Police
28 that someone stole a Lincoln Electric Weld Pack welder Oct. 27 or Oct. 28 that was stored in a detached garage at 1112 N. Second Ave., according to police reports.
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Strassburg Creek Dairy seeks to expand operation
The Department of Natural Resources is currently reviewing Strassburg Creek Dairy's application for a Wisconsin Pollutant Discharge Elimination System permit.
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Moose has been spotted and photographed near Wittenberg
Conservation Wardens and DNR Wildlife Managers are confirming that a moose has been spotted in southwestern Shawano County.
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6th Assembly District candidate
Name: Gary Tauchen Address: N3397 S. Broadway Road, Bonduel. Age: 54. Occupation: Legislator/dairy farmer.
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6th Assembly District candidates differ on taxes, abortion
The race for the Assembly's 6th District seat pits one of the Legislature's agriculture czars against a challenger who says he better represents the district.
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Young moose spotted in Shawano County
Hunters are being advised to watch out for a young bull moose spotted near Wittenberg in southwestern Shawano County.
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Moose on the Loose Near Wittenberg
A moose spotted in Shawano County has DNR wardens scratching their heads and issuing a warning.
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LETTER: Law allows rivers to be ruined
EDITOR: Anyone driving on Highway 45 between Wittenberg and Birnamwood in western Shawano County recently is aware of road construction, but most are not aware of a state law that allows the local contractors ...
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6th Assembly District candidates
The Green Bay Press-Gazette editorial board asked the candidates for Wisconsin Assembly to submit short responses to a number of questions about issues facing the next session of the Legislature.
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Garbage service contract draws concerns
Portage County went with the highest bidder for its garbage service contingency plan when the current hauler gives up its contract, and some are crying foul.
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Nueske's marks 75, major success Friday, Saturday
Nueske's Applewood Smoked Meats is holding a 75th party Friday and Saturday, and everyone is invited.
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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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