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Crivitz, 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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Crivitz, Wisconsin News
Madeline Catherine Eschenbacher

Madeline Catherine Eschenbacher, 96, of Amberg, died Monday, Dec. 1 at NewCare Convalescent Center in Crivitz.


Weak economy crimps students' construction

DE PERE - The effects of the struggling housing market and economy are trickling down to the high school level.


Thanksgiving Day dinners

Crivitz Thanks Giving Day dinner: 11 a.m.-4 p.m. today, town of Stephenson Town Hall, W11280 Marinette County X, Crivitz.


Madonna Van Wychen

The family of Madonna "Donna" Van Wychen, 69, of Pound, received relatives and friends at Rhodes-Charapata Funeral Home, Crivitz on Saturday, Nov.


650,000 expected afield for state gun deer hunt

Having the patience to wait out a whitetail in its own backyard is probably the surest way of filling a tag each fall.


From our readers

To the Editor: The Crivitz Area Food Pantry thanks the following organizations for answering the call for help with food and funds: Boy Scouts of the Crivitz area, who donated 1,500 pounds of food; the Freak ...


Crivitz Woman Winner in Piggly Wiggly Contest

Witt's Piggly Wiggly in Crivitz was one of 12 Piggly Wiggly stores from around the state to participate in the Pig Patrol Contest sponsored by Sheboygan based Fresh Brands, supplier to Piggly Wiggly stores.


Albrecht-Klawiter

Elaine Albrecht and Joseph Klawiter were married Saturday, Aug. 9, 2008, at a ceremony at their home in Crivitz.


Ralph Duane Rishel

Ralph Duane Rishel, 77, of Crivitz died Saturday, Nov. 8 at Bay Area Medical Center in Marinette.


Comedy play starts Nov. 22 at Crivitz

CRIVITZ - Crivitz Community Theatre will present the comedy, "A Night in the Theatre," in three performances at Crivitz High School, 400 South Ave.


Organ Donations Is Meeting Topic

Coleman-The Monday, Nov. 3 meeting of the Pound Woman's Club was held at the home of Lorraine Murrock with Dolly Tobison as co-hostess. A donation was made to the Crivitz Food Pantry, and the club made a ...


Kniskern, James K.

James K. Kniskern, 80, of Crivitz died Sun., Nov. 9, 2008, at the V.A. Medical Center, Iron Mountain, Mich.


KC Donates To WE, Camp Daniels

The Crivitz Knights of Columbus recently gave $3,000 to the developmentally and physically handicapped from their Tootsie Roll Drive funds.


A glance at the 36th District candidates

Jeff Mursau PARTY-Republican AGE-54 RESIDES-Crivitz EDUCATION-1972 graduate, Coleman High School, attended the University of Wisconsin-Oshkosh. CAREER-Full-time legislator, also partner in J&T Electric, ...


Daniel J. Boris

Daniel J. Boris, 54, of Plover, died Tuesday afternoon, Oct. 28, 2008, unexpectedly at his home.


Beyer, Marian

Marian O. Beyer, 71, passed away peacefully in her home surrounded by her family after a long and courageous battle with COPD on Saturday, Oct.


Prep football: Suring in playoffs; Titans need a win

Mitch Taylor's Suring Eagles clinched a playoff berth Friday night by swamping helpless White Lake-Elcho, 66-0. The win gave the Eagles a 4-2 league record, 5-2-1 overall.


Sponsors Space In Play Program

Sponsors can still advertise in the Crivitz Community Theatre's production of "A Night in the Theatre" by Lawrence Casler as well as the 2009 Spring production of "Catholic School Girls" by Casey Kurtti.


Trick, Treat Hours, Halloween Movies

The new movie screen at playscape in Veterans Park will be used for the first time on Halloween, Friday, Oct.


Trick or Treat in Crivitz on Oct. 31

The Village of Crivitz Halloween trick or treat hours are Friday, Oct. 31 from 3 to 6 p.m. Persons wishing to participate should turn on porch light.


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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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