Afton, 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
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| Afton, Wisconsin News |
On this date...
From Daily News files 100, 50, 25 and 10 years ago Dec. 19, 1908 - Bert Smith, the lineman who was nearly electrocuted yesterday as he worked atop a power pole downtown, has been released from the hospital; his ...
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Ward
Richard J. and Gloria Ward will celebrate their 45th anniversary with an open house from 1-4 p.m. Sunday, Dec.
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From Daily News files 100, 50, 25 and 10 years ago Oct. 17, 1908 - Harold Sprague and his neighbor, A.F. Birly, got into an argument, and Sprague allegedly raised his elbow in a threatening gesture; Sprague was ...
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From Daily News files 100, 50, 25 and 10 years ago Oct. 3, 1908 - The only excitement at last night's reception for new students at Beloit College, came when a large settee upon which eight were seated during a ...
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From Daily News files 100, 50, 25 and 10 years ago Sept. 24, 1908 - Thousands turned out to cheer Judge W. H. Taft when he made his campaign visit to Beloit; much confusion reigned before the talk, as three ...
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From Daily News files 100, 50, 25 and 10 years ago Sept. 17, 1908 - Beloit is to be represented at the big waterways meeting in Dixon, Ill.
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Operation Ooh-Rah
Beloit mother plans fundraiser for U.S. Marines AFTON - Operation Ooh-Rah will be in full swing 2 - 9 p.m. Saturday at the Afton Pub and Park.
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Two Injured In Motorcycle Accident-Rock County
Two people are injured in a motorcycle accident in Rock County early Monday morning.
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From Daily News files 100, 50, 25 and 10 years ago July 29, 1908 - J.W. Killey, a fairier, kept right on shoeing a horse while a fire burned through the roof of the Huggins Third Street blacksmith shop where ...
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Damage estimates rise with water
Severe storms and flooding have caused problems locally and statewide. If you have been affected, we want your photos.
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The Brewers' bullpen held on in a 5-4 victory over the reeling Toronto Blue Jays on Wednesday night.
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Some along Rock River urged to evacuate
The Rock County Sheriff's Office has recommended that those who live in low-lying areas along the Rock River evacuate.
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Flood of '08: Sandbaggers work to save Jefferson buildings
As the Rock and Crawfish rivers rose steadily in Jefferson Saturday, swamping some homes and businesses and threatening others, crews of volunteers fanned out over the city to fill and stack sandbags.
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Rock County Evacuation and Flood Preparedness
Currently, the flood conditions within Rock County are as follow: Water levels are being reported at the following locations: -Rock River in Newville: Water level is at 14.22 feet with flood stage at 10 feet.
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Public record for June 9, 2008
SANDRO P. CERVANTES, 30, of 619 Court St. No. 2, Janesville, at 7:21 p.m. Friday at the Rock County Jail.
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Some roads here closed by floods
The Stateline Area still is dealing with the aftermath of this weekend's storms that caused flooding and damage.
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Flood watch, warnings issued for this area
A flood watch continues for the Rock River at Newville from early Wednesday morning until further notice, according to the National Weather Service.
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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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