Holcombe, 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
| Holcombe, Wisconsin News |
Records: Sunday, Nov. 16
Lottery Powerball Unavailable at press time. Megabucks Unavailable at press time.
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Halloween Happenings
Zachary Wideman, of Fort Belvoir, Va., deliberates over which pumpkin to move to his wagon Monday morning at Mommsen's Produce Patch in Rice Lake.
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Town Constable Investigated For Giving Alcohol to Minors
A sheriff's department is investigating an allegation that a town constable provided alcohol to minors.
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Man threatens to blow up bank during robbery
A law enforcement officer peers into the window of Dairyland State Bank in Holcombe last Friday, following a hold-up by a man wearing a ski mask who threatened employees about having a gun and a bomb.
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DNR: Holcombe man charged, had 19 wild deer in pen
A Holcombe man is accused of capturing wild deer and holding them in pens on a 60-acre farm in Chippewa County.
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Deputies Continue Looking for Robbery Suspect
Deputies are still looking for a bank robbery suspect. Investigators have released video from the attempted robbery Friday at Dairyland State Bank in Holcombe.
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Police log says weapon in bank robbery had red tip
The weapon a man used in robbing a bank in Holcombe on Friday afternoon had a red tip on it, according to information listed on a Chippewa Falls Police log.
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Search continues for Holcombe bank robber
The investigation into a bank robbery Friday in Holcombe was slowed because of concerns about a mysterious package left behind by the robber.
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Circuit Court as of
Found guilty/pleaded guilty Christian A. Bauer, 20, of Rice Lake. Criminal damage to property.
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Records: Sunday, Oct. 5
Lottery Powerball Saturday: Unavailable at press time. Megabucks Saturday: Unavailable at press time.
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Area schools receive academic award
The state Department of Public Instruction has named eight Chippewa County school districts "New Wisconsin Promise Schools of Recognition" for the 2008-2009 school year.
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Scam Targets Family Members' Emotions
A new scam is making its way into Western Wisconsin and some people have already fallen for it.
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Benefit for Teen Battling Cancer
Tim Bays is a junior at Lake Holcombe High School. He was diagnosed with Burkitt's Lymphoma in May.
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Veterans tribute unveiled at Holcombe resort
Soldiers in Afghanistan will be able to see Sunday afternoon's dedication of a tribute to the U.S. Navy and Marines Corps at Big Swede's Resort on Highway 27 in Holcombe.
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Lake Holcombe resort to honor veterans
From the halls of Montezuma to the shores of Tripoli - and of Lake Holcombe - local supporters will be dedicating a monument to U.S. Marine and Navy veterans Sunday at Big Swedes Resort.
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Holcombe sports enthusiast takes on second bout with cancer
Tim Bays is in a fight. He's got a chip on his shoulder, ready to prove he can pull through.
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Records: Monday, September 1
Sheriff The Chippewa County Sheriff's Department responded to the following calls: Saturday, Aug.
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Resorts see good, bad of the economy
When summer began, Barb Czarnecki was concerned about how full her cabins would be at Johnson's Resort on the Chippewa Flowage east of Hayward.
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Barron County Courthouse Report--Aug. 20
Joseph E. Wagner, 25, Cameron, was charged with disorderly conduct Aug. 8. Gina L. McFarland, 36, Rice Lake, was charged with disorderly conduct Aug.
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High school students prepare for disasters at camp
In a summer rife with flooding and a week featuring two bomb scares Downtown, this week's youth disaster preparedness camp seems particularly timely.
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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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"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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