Alma Center, 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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| Alma Center, Wisconsin News |
Black River Falls Police Department
Dec. 24 8:10 a.m.: Police responded to a theft from a motor vehicle at 1001 Main St.
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Alma Center man faces wide array of charges
A 24-year-old Alma Center man has been charged with six felonies and six misdemeanors for threatening to kill a former girlfriend, threatening a State Patrol officer and punching an emergency room doctor on ...
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Man Charged for Threatening to Kill Ex-Girlfriend and Breaking Doctor's Jaw
A Jackson County man is charged with several felonies after authorities say he threatened to kill his ex-girlfriend and broke a doctor's jaw.
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Marks-Freund
Traci Marks of Wausau and Kurt Freund of Fond du Lac are engaged to be married. They are the children of Ronald and Bonita Marks of Wausau, Arlene Roskos of Alma Center and Wayne and Carrie Freund of Fond du ...
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Two face fifth OWI offenses
Two people were charged last week after they were arrested for a fifth drunken driving offense in separate incidents.
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Arrests
Fermin Chama Acosta, 35, Strum, was booked for aggravated battery. Justin C. Decora, 33, Black River Falls, was booked on a warrant hold at another agency, battery and disorderly conduct.
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Sentencings
Bernardo Escamilla Medellin, 20, Alma Center, was sentenced to 30 days in jail and 10 hours of community service on a charge of failure to report to county jail .
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Students learn dangers of tobacco use
Forty-two high school students from Black River Falls, Melrose-Mindoro and Alma Center-Humbird-Merrillan school districts participated in the Teens Against Tobacco Use program, or TATU.
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Inferno destroys Alma Center building
It took firefighters from eight departments five hours to battle a smoky blaze that destroyed a Chippewa Bi Products building and left Alma Center temporarily without power last week.
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Sentencings
Daniel G. Topping, 30, Black River Falls, was sentenced to pay $309 in fines and court costs on a charge of disorderly conduct.
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Arrests
Trisha G. Abbott-Mathews, 18, Melrose, was booked on a warrant pickup. Justin J. Baxter, 24, Alma Center, was booked for failure to pay fines and a probation violation hold.
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Area businesses destroyed, damaged by fires
Fires in Alma Center, Stanley and Fall Creek on Thursday and Friday destroyed two businesses and damaged another and a shed.
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Investigating the Chippewa Bi Products Fire
It appears an electrical problem is to blame for the fire that destroyed a building at a Jackson County business Thursday night.
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Jackson County Sheriffa s Department
The following incidents were reported by the Jackson County Sheriff's Department Incidents Nov.
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Arrests
Gina M. Anderson, 41, Taylor, was booked on a probation violation hold. Edwin L. Berg, 31, Alma Center, was booked for operating while intoxicated.
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AC-H-M super to retire
Alma Center-Humbird-Merrillan School District Superintendent Bob Lambert will retire at the end of the school year after six years.
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Two men officially charged in Alma Center burglaries
The two men arrested for breaking into several businesses in Alma Center and Black River Falls have been charged with several felony counts of burglary.
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Meeting hopes to combat underage drinking
Concerns over local underage drinking have initiated a town hall-type meeting that will take place later this month.
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Thousands Out to See Obama
Second Street in downtown La Crosse is filled with the sounds of chanting, for the man who some say will be the next President of the United States.
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Man charged with injuring handicapped woman
An Alma Center man has been charged with reportedly injuring a 60-year-old woman with Parkinson's disease after taking her for a day from a nursing home.
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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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