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De Pere, 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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De Pere, Wisconsin News
Water authority lawsuit: Pipeline's lifespan could be shortened

The Central Brown County Water Authority is suing the Chicago engineering firm that designed and built an $83 million pipeline to bring Lake Michigan water to six Brown County municipalities from Manitowoc.


De Pere chat: Readers discuss parole office

Readers chatted with reporter Patti Zarling on Wednesday about the De Pere City Council's recent decision to allow the state to rent space within the city Police Department for a parole and probation office.


Brown County remains that of Allouez woman

On what would have been Areerat Chuprevich's 38th birthday, her friends and family began finding closure for her April 2003 disappearance.


De Pere council OKs parole office location

The City Council on Tuesday agreed to rent space to the state within the De Pere Police Department for a parole and probation office, but urged parole officers to schedule visits with offenders of violent ...


The Police Blotter for Dec. 2: Runaways found in Menasha womans attic

Suspicious person: A woman reported a male consistently showing up where she works when she arrives, at lunch and when she leaves.


De Pere native, author Sweetland reschedules visit to Butterfly Books

De Pere native and author Nancy Sweetland has rescheduled a visit to Butterfly Books, 118 N. Broadway.


One injured in three-car crash on U.S. 41

One person received minor injuries in a three- vehicle crash on snow-covered U.S. 41 in northern Winnebago County about 7:45 p.m. Sunday.


UWGB choirs to present 'Messiah' at Weidner on Dec. 7

The University of Wisconsin-Green Bay Chorale and Concert Choir will be featured in a performance of George Frideric Handel's "Messiah" at 7:30 p.m. Dec.


Horse and carriage rides in De Pere

Some De Pere businesses are banding together to bring back a once-annual tradition of horse and carriage rides during the holiday season.


'Wizard's Christmas' will open Friday in De Pere

Monty's Magic Theater will present nine performances of 'A Wizard's Christmas' starting Friday at Venture Theatre, 380 Main Ave., De Pere.


Area tavelers thankful for lower gas prices

DE PERE - There's a big question mark hanging over this holiday travel season as Americans face a slumping economy and lower fuel prices.


Registration sites get late-weekend rush

Deer registration numbers continued to increase during the gun deer season opening weekend, but local officials say it may be less than previous years.


News in Northeastern Wisconsin

The next De Pere Area Chamber of Commerce De Pere at Dusk networking event will be from 5:30 to 7 p.m. Tuesday at The Cutting Garden, 3706 Creamery Road, Ledgeview.


Area prep roundup: De Pere swimmer Blohm picks UW-Milwaukee

De Pere girls swimmer Emily Blohm will sign a letter of intent to compete at the UW-Milwaukee next season.


Chat live about De Pere with P-G reporter Zarling

De Pere residents - do you think the city is successful in meeting the service levels you want? How does the city succeed? How does it miss the mark? We'd love to hear from you.


Area stations to test digital TV on Dec. 3

GREEN BAY - Seven local television stations will conduct a simultaneous digital TV transition test next month designed to prepare viewers for the end of analog television on Feb.


De Pere gift shop plans ribbon cutting

Trends N' Things, 129 N. Broadway, has scheduled a ribbon cutting for noon Friday.


Thilmany Papers To Shutdown Temporarily

KAUKAUNA - Thilmany Papers announced that it plans to take market-related production downtime during the fourth quarter of 2008.


Brown County SWAT team arrests De Pere man after incident

A 46-year-old man was arrested Sunday after De Pere police and the Brown County SWAT team responded to a domestic violence incident in the 1400 block of Chicago Street.


De Pere Standoff Ends In Arrest

Police were called to a home in the 1400 block of Chicago Street for a report of a 'disturbance.' Further investigation revealed there were weapons in the home, threats were made to use them and the suspect was ...


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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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