Ashland, 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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| Ashland, Wisconsin News |
Elks name Teenagers of the Month
Ashland Elks Lodge No. 137 has announced their choices for Teenager of the Month for September, October and November 2008.
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WITC scholarship winners
Wisconsin Indianhead Technical College recently awarded 10 scholarships for students to apply toward spring semester expenses at WITC-Ashland. Scholarship winners are, front row, from left, Mechaela Hudak, ...
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Co-op given award
Recently the 10th annual awards luncheon, "Opportunities for Success," was hosted by the Wisconsin Division of Vocational Rehabilitation at Famous Dave's Conference Center in Hayward.
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Rehwald declares candidacy
City of Ashland Ward 6 incumbent Mary Rehwald has declared her candidacy to run for re-election, setting up a contest with Joyce "Pepe" Kabasa, who has also declared candidacy.
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News in Northeastern Wisconsin
The City Council recently endorsed sustainability principles for the community as they apply to decision making, planning, policy making and municipal services.
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KDNW erects new radio tower, moves up the dial
Regardless of how listeners might feel about adult contemporary, Christian music broadcast by KDNW out of Duluth, for the past 20 years there's a good chance it couldn't be heard outside of Ashland.
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No snowday for them
Karen Hollish/Staff Photo A team of Public Works employees from Ashland worked Monday afternoon to clear the towering snow windrows bisecting Main Street.
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After Mild Weekend, Winter Returns To Wisconsin
Dangerous wind chills replaced rain in parts of Wisconsin while some roads to the far north of the state remained impassable because of the wintery weather.
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Christmas play benefits St. Mary's
Saturday promises a fun-filled evening of theater, music, food, and more beginning 7 p.m. at the Bad River Casino.
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City of Ashland sidewalk snow removal
City of Ashland sidewalk snow removal The City of Ashland would like to remind residents that sidewalk snow removal is the responsibility of the property owners.
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Weather hampers travel to the north
Road conditions in the northern part of the state range from snow covered and slippery to impassable after a winter storm moved through the region.
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Three fires hit residents this weekend
This weekend area firefighters battled blazes in Ashland, Washburn and Cable, two of which left residents without their homes.
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Kerri Berglund, left, and Heidi Berglund, stylists at Ashland's Upper Cut Salon, recently attended a workshop at the Matrix C.R.A.F.T. Global Academy in Greenwich Village, New York.
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Roads in Northern Wisconsin Take Beating During Storm
Travel conditions in the northern part of the state range from snow covered and slippery to impassable after a winter storm moved through the region.
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Health Services issues new ForwardHealth cards to members
The Department of Health Services announced that replacement ForwardHealth cards have been mailed to members living in the following counties: Ashland, Barron, Bayfield, Buffalo, Burnett, Chippewa, Douglas, ...
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Road repairs were not needed
The U.S. Highway 2 repairs in Ashland took all summer, cost millions, caused major disruptions, and in my opinion, accomplished nothing.
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Sarah G. Jensen
Sarah G. Jensen Sarah G. Jensen, 89, Ashland, passed away Sunday, December 7, 2008, at Saint Luke's Medical Center in Duluth, Minn.
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Divided school board moves zero-tolerance forward
The Ashland School Board on Monday narrowly voted to move forward with a zero-tolerance policy for district staff found to be under the influence of alcohol or controlled substances while supervising students.
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New leadership program accepting applicants
Are you interested in improving your community, growing an organization, revitalizing your business, or perhaps changing the world? The new Ashland and Bayfield Counties Leadership Program will give you the ...
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New bus shelter on Beaser Avenue in Ashland
Bay Area Rural Transit 12/9/2008 ASHLAND-Some BART Bus riders will feel a little less of the winter chill this year thanks to the installation of the first bus shelter in the City of Ashland.
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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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