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Abrams, 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.

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Abrams, Wisconsin News
Crime Stoppers aim for text message tip line

By: Rebecca Holland /The Daily Cardinal - September 30, 2008 Madison Area Crime Stoppers hopes to add text messages to its anonymous tip options, which currently include phone and e-mail. A possible Madison ...


Looking backward: Sept. 17

On October 5 the GFWC Oconto Woman's Club will be holding a luncheon to commemorate their 100 year anniversary as a club.


Copper Culture park made strides in 2008

OCONTO - Exciting developments happened at Copper Culture State Park all summer.


Paye, Mary F.

Mary F. Paye, 72, Abrams, died peacefully, Thursday, Sept. 11, 2008, at her home following a courageous battle with cancer.


Sheriff Mahoney Welcomes Eleven New Deputies

On Monday, September 15th at 9:00 am, Dane County Sheriff David Mahoney will swear in eleven new Dane County Deputies.


Commando paintball aiming for more area business

Derek Muenster smiles every time he hears the rapid-fire "thhhhhhhht" of a paintball gun.


Click to read the story

They rose to become stars in their field. So what was it like growing up in Wisconsin? by Julie Sensat Waldren Monday 8/25/2008 Additional research and reporting by Miranda Agee, Samantha Hernandez, Nicole ...


News in Northeastern Wisconsin

Abrams Spotlight Productions will sponsor the Abrams Queen Contest. Voting cans are located in these area businesses: Silver Rail Bar & Grill, Pony Tails Salon & Tanning, Abrams BP and Abrams Shell.


Park needs more visitors

ABRAMS - The recent article "Least-visited state parks," referring to Rock Island State Park, demonstrates how much work I must do on a state park that gets even fewer visitors than the least-visited state ...


Academic spotlight

Local students were named to the fall semester dean's list at the University of Wisconsin-River Falls.


Wisconsin Better Business Bureau warns about paver

APPLETON - The Wisconsin Better Business Bureau is warning consumers about a company calling itself Reynolds Paving.


Paving scam alert

The Wisconsin Better Business Bureau is issuing a warning to consumers in Northeastern Wisconsin about Reynolds Paving, a blacktop contractor, who allegedly scammed an Abrams couple out of $8,700. In early ...


Looking Backward

At last Tuesday's Oconto Committee of the Whole council meeting, council members agreed to a $12,500 expenditure grant application for matching funds for downtown area improvements.


Bears in the front yard

Don and Pat Meyer, who live on Sandalwood Road between Abrams and Sobieski, have been visited by a mother bear and her three cubs this summer.


County Board honors

Chairperson, Leland T. Rymer called the June 19 meeting of the board to order at 9:00 a.m. 30 County Board members were present, 1 vacancy in Supervisor District 28.


Tammy Fox joins medical center in Abrams

ABRAMS - Tammy Fox, P.A., is available to see patients at the CMH Abrams Medical, 5781 Main St.


Trapper Course At Abrams June 28-29

The Wisconsin Trappers Association in conjunction with the DNR will offer a trapper education course the weekend of June 28 and 29.


Cheers and jeers

Cheers: To all those who made the 16th Annual Letter Carrier's Food Drive a success.


Kussow, Ruth L.

Ruth L. Kussow, 97, Oconto, passed away Wednesday, June 11, 2008, at Woodlands Nursing Home, Oconto.


Pagel, Irene

Irene Pagel 88, Green Bay, passed to eternal life Monday, June 9, 2008, at a local hospital.


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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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