Chetek, 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
| Chetek, Wisconsin News |
Chetek artist shows work
Patricia Mayhew Hamm shows her work at the Mabel Tainter Fine Arts & Crafts Fair from 11 a.m. to 7 p.m. Friday and 10 a.m. to 5 p.m. Saturday at the Mabel Tainter Theater in Menomonie.
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Christmas spirit coming to downtown Chetek
The Chetek Chamber of Commerce is sponsoring several events during the upcoming Christmas holiday season.
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Son's promotion provides vacation for Chetek woman
Sampling a different culture - Jean Harriman, of Chetek , visited her son, Chuck , and daughter-in-law Karla in Japan in October for a 15-day trip.
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The Circus Parade, by CJ Conner. - Photo submitted
CJ Conner, nationally famous artist based in Chetek, but formerly of Hayward, will debut her latest works on Saturday, Dec.
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Looking back...Nov. 26
Deer hunters are struggling back to town and report a scarcity of deer, but plenty of hunters.
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Benefit for Butterfield
A chili feed, cake walk, silent auction and raffle will be held for New Auburn resident Deb Butterfield, beginning at 2 p.m. Dec.
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Chetek library staff second to none--David and Minette Ponick
We want to commend the Chetek library staff, especially Carol Burnham, on the fine job done in assisting us with a research project.
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Landowners to fight new campground
A group of landowners in the Town of Prairie Lake are upset with the Barron County Board of Adjustment over a campground that was nixed by their town board, only to be overruled by the county.
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Shop Chetek while you still can--Carol Wall
"Black Friday," as the day after Thanksgiving is known, is all but here. This is also known as the busiest shopping day of the year.
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Christmas spirit coming to downtown Chetek
The Chetek Chamber of Commerce is sponsoring several events during the upcoming Christmas holiday season.
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No charges yet in accident near Legion
Charges have yet to be filed in the two-car accident Nov. 11 near the Chetek American Legion Post.
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Barron County Dispatch log -- November 12
The following are a sampling of the calls received at the Barron County Dispatch Center.
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Obama wins school election
The results of the mock presidential election in the Chetek schools found Democratic candidate Sen.
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Accident near American Legion Post
The Chetek Fire Department, ambulance service and police department responded to a two-car accident Tuesday at 12:36 p.m. on CTH SS near the Chetek American Legion Post Three people were transported to a ...
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Evangelist to speak at Chetek Lutheran
John Kittleson, lay evangelist with a healing ministry, will be at Chetek Lutheran Church Saturday for a service of Healing and Wholeness.
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More Walleyes for Chetek
The Chetek Lake Protection Association awarded $500 to Walleyes for Chetek. Larry Stafsholt, Walleyes for Chetek treasurer, is pictured adding more of the species to the Chetek Chain of Lakes Monday.
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Chetek giving trees going up
Trees with gift tags detailing items needed by area children go up next week at Kirkwood's Market, Sterling Bank, Heritage Bank, Ohde Pharmacy and Bob's Grill.
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Chetek Schools given donation
Money was raised through the organization's annual Tootsie Roll Drive last May. Due to Chetek businesses and area residents, more than $3,000 was collected.
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The Sister Act to perform at Chetek church
The group Sister Act, with members Dolly Neby, Angela Hierlmeier, Val Scheps and Mary Shearer, will sing at Chetek Lutheran Church Sunday at the 8 a.m. and 9:30 a.m. worship services.
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Chetek grad in UW-Stout co-op program
Cali A. Scheffer is one of 800 students who annually participate in the program, which integrates college students with work experience.
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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