Bloomer, 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
| Bloomer, Wisconsin News |
Council Approves Bids For TIF 4 Farm Buildings
The Bloomer City Council accepted bids on the farm buildings in TIF 4 at the Monday, Nov.
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Staff of Luther Midelfort Chippewa Valley Lights The Park
Colleen Skold , administrator Luther Midelfort Chippewa Valley - Mayo Health System, other staff members and their families threw the switch to light up the displays in the 9th Avenue Park on Friday.
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Southworth-Paape United in Marriage
Gretchen Southworth and Richard Paape were united in marriage Aug. 30, 2008 at Lake Wissota Golf in Chippewa Falls.
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Neighbors applaud your achievements
Thirty team members of McCarty Law donated 2,155 pounds of goods to Goodwill Industries.
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Around Town
Triniteam Caregivers is sponsoring two Joy Days in December in Chippewa Falls and Bloomer.
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Sister Bernice A. Krejci
Sister Bernice A. Krejci, S.S.N.D., 78, of Chippewa Falls, died Sunday, Nov. 23, 2008 at Sacred Heart Hospital in Eau Claire.
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Gym Scheduling Meeting
There will be a meeting on Wednesday, Dec. 17 at 5:00 p.m. in the Bloomer Middle School library for all youth coaches who would like to schedule gym time in district facilities after Jan.
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Local Craftsman At Hungry Run Forge Creates Knives Treasured By Hunters
After John Burger from rural Bloomer heats this high quality steel rod in a forge to 2350 degrees, he begins shaping the red hot metal into a knife shape with this hydraulic press.
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Time To Circulate Nomination Papers For April 2009 Election
Interested in running for local office? On Monday, Dec. 1, nomination papers can be taken out and circulated for the April 7, 2009 election.
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Hunting for a Living: In Pursuit and Behind the Scenes with Greg Miller
This weekend thousands of hunters will be in tree stands all across the state. But, for one of those hunters, it's just another day on the job.
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Parades highlight holiday festivals
If you love a winter parade, you've come to the right area. At least 10 communities in the region are planning holiday parades and accompanying festivals, with the first two this week.
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Car-deer crash slows Hwy. 53
A car-deer crash Tuesday slowed traffic on Hwy. 53 about three miles south of Chetek.
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Dinner with Santa to Benefit Food Pantry
The Bloomer Area Food Pantry will again be the recipient of the 13th 'Dinner with Santa' fundraiser, hosted by The Friends of the Blue Diamond, a group of eager volunteers, and the staff and management of the ...
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Bloomer Celebrates Veterans Day
Veterans Day observances at Bloomer High School included speeches from VFW District 9 Chaplain Peter Breed, New Auburn and Shelby Lofthus, BHS student council president, and musical performances of the 'Marches ...
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In wake of rollovers, school bus firms say safety is top priority
School bus drivers routinely are checked to make sure they are correctly doing their jobs, say owners of two area bus companies.
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Wisconsin Renaissance Faire Facing Foreclosure
Homes aren't the only thing being foreclosed, a popular tourist attraction may be facing the same fate.
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Potaczek - LaGesse
Brenna Potaczek and Jason LaGesse were united in marriage on August 23, 2008 at Irvine Park in Chippewa Falls with Charles Norseng officiating.
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FBBLA Sponsors Clothing Drive November 12-26
By Student Intern Miranda Knudson Bloomer High School's Future Bloomer Business Leaders of America, also known as FBBLA, is sponsoring a clothing drive Nov.
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"Buckets for Hunger"
This is a great opportunity for all who are interested in helping the Food Pantry to see your money go even further than the original gift! What does this mean? It means that if you give one dollar to the Food ...
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CHIPS To Appear On Red Cedar Sounds "Radio Daze" Cabaret
CHIPS, a well known local men's quartet from this area will soon show you why Close Harmony Is Pretty Swell.
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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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