Arpin, 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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| Arpin, Wisconsin News |
Police/courts
Wood County Daniel F. Tyler, Marshfield, and Andrea J. Kaiser, Richfield, Jan. 17. Divorces Wood County Jammie L. Hewitt and Kati L. Hewitt, both of Marshfield, Dec.
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Police/courts
Wisconsin Rapids At 5:45 p.m. Wednesday, a car driven by Lucas J. Chick, 27, Plover, and a car driven by Emily E. Smolarek, 20, Wisconsin Rapids, collided at the intersection of Chestnut Street and 16th Street ...
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Wood Co. man sentenced on drug charges
A 33-year-old Arpin man was sentenced in Wood County Circuit Court to two years in prison for charges connected to an Arpin meth lab.
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Freecycle: Supporting reuse while helping community
More than 1,000 people in the Marshfield area are members of a Web site called Freecycle, which promotes posting useable items people are willing to give away.
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Virginia M. 'Ginny' Yaeger
Virginia M. 'Ginny' Yaeger, 86, of Marshfield, died Saturday, Dec. 27, 2008, at the Bethel Center in Arpin.
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Raymond Fredrick
Raymond 'Butch' Fredrick, 70, of Marshfield entered eternal life Monday Dec. 22, 2008, at Saint Joseph's Hospital with his family by his side.
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Area nursing homes received mixed ratings
Marshfield nursing homes received mixed ratings in state report By Jacob Miller and Nathaniel Shuda * Marshfield News-Herald * December 25, 2008 Three area nursing homes received an average rating, while two ...
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Nursing home earns 5-star rating
The quality of local nursing home care varies from site to site, according to newly released data from a federal agency.
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Yesterday in Marshfield
John Trachte has received an associate's degree in applied science from the Community College of the Air Force.
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Toy, clothing exchange reduces economic pinch
The economy is putting a dent in Christmas shopping for many families in the Marshfield area.
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Friday's police reports
A 30-year-old Marshfield man was arrested on suspicion of drunken driving second offense at 2:12 a.m. Friday near the intersection of North Galvin Avenue and East McMillan Street.
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Letter: Local firefighters deserve thanks
We wanted to take the time to thank all the firefighters and first responders from Vesper, Pittsville, Port Edwards, Arpin and Rudolph who responded to our shed fire on Dec.
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Richfield fire adds bulb to wreath
Wood County, Wis. fire adds bulb to wreath December 16, 2008 A workshop/garage fire in Richfield has added another red bulb to the "Keep the Wreath Green" campaign.
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Holiday happenings involve residents
Sleigh rides were given by Dennis and Randy Raab of Arpin. Dennis drives this team.
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Police/courts
Wisconsin Rapids At 10:53 a.m. Sunday, a 47-year-old Wisconsin Rapids man reported the theft of money and a wallet from the 1300 block of 23rd Street North.
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Geraldine Kundinger
ARPIN -- Geraldine Kundinger, 87, passed away Saturday, Dec. 6, 2008, at the Bethel Nursing and Convalescent Center in Arpin.
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Monday's police reports
A 17-year-old Marshfield boy and 16-year-old Marshfield boy were arrested on suspicion of fraud at a restaurant and obstructing an officer at 1:30 p.m. Sunday in the 400 block of South Central Avenue.
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Seneca shed fire adds third bulb to wreath
A third red bulb has been added to the Wood County fire departments' wreaths. The bulb is for a fire that took place Thursday evening in Seneca, Pittsville Fire Chief Jerry Minor said.
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Courts
* Ashley L. Martens, 19, of W4323 Highway C; possession of marijuana and possession of drug paraphernalia; one year probation and $889 fine.
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Arpin ready for Christmas parade
The Arpin Advancement will hold its fourth annual Christmas parade Dec. 13. This year, a new addition to the Christmas parade will be the lighting of Kandy Kane Park along with Santa for the children after the ...
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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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