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Warrens, 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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Warrens, Wisconsin News
Jury selection for McKinley Warren child abuse trial to start Wednesday

Eight years ago this week, Jessica Bock, 2, of East Stroudsburg died of a head injury after being flown to a Philadelphia hospital.


Water park company files for bankruptcy

The owners of a central Wisconsin water park and campground have filed for bankruptcy two months after closing the recreational property.


Savor the season: State's B&Bs put new spins on old favorite - cranberry

Gotta love those Thanksgiving leftovers. Turkey soups, pot pies and casseroles stretch one bird into many meals.


'Giving back to the community'

Thanksgiving dinner. Spending time with family. Watching the Detroit Lions football game.


DA drops homicide charge

A vehicular homicide charge filed against a man accused of driving drunk when he struck and killed a woman riding on an all-terrain vehicle has been dropped because evidence indicates the crash would have ...


Charge against intoxicated driver in fatal crash amended to misdemeanor

A homicide charge has been amended to a misdemeanor for a Warrens man accused in a collision that killed a woman on an all-terrain vehicle and injured a toddler in Jackson County.


The Bog will close this weekend

Closing of Three Bears Resort hurt Warrens restaurant The Bog restaurant will close this weekend, after business has gone down dramatically since the Three Bears Lodge closed in September.


Homicide charge amended in fatal ATV crash

A homicide charge has been amended to a misdemeanor for a Warrens man accused in a collision that killed a woman on an all-terrain vehicle and injured a toddler in Jackson County.


'Cooking with Cranberries' program offered

The Wisconsin Cranberry Discovery Center is holding "Cooking with Cranberries" from 10 a.m. to 11:30 a.m. Saturday.


Cranberry workers harvest their crop in Monroe County east of Warrens in this file photo.

In a declining economy, free trade often becomes a scapegoat for lost jobs and falling sales.


Letter: Communities gave boost to film production

Thanks in large part to the central Wisconsin area, we've recently wrapped up our principle photography for the film "NONAMES." A huge thank you to the Wisconsin Rapids, Port Edwards, Babcock, Dexterville, ...


Modernizing A Cranberry Farm

A Cranberry farm near Warrens thata s been around since 1905, has been making some huge changes this year to bring harvesting into the 21st century.


Married to the marsh

Warrens - When Jim Van Wychen proposed marriage to Nodji Olson 35 years ago, she said yes - but with one condition: Cranberries Photo/ William J. Lizdas Jim Van Wychen checks the cranberries rushing by on a ...


Cranberry crop looks bountiful

Wisconsina s cranberry harvest will be the second-largest in history this year if U.S. Department of Agriculture projections are correct.


Possible Expansion Will Bring in Tourism Dollars

Just a few weeks ago Three Bears Resort in Warrens closed, leaving tourists with one less place to stay.


No. 1 cranberry grower Wis. wants more

Until this fall, workers at Nodji Van Wychen's cranberry farm sorted fruit with the wooden Bailey mills used by her grandfather.


Woman Dies in Crash on I-94

An area woman is dead after the car she was driving went off I-94. It happened just after 3am Friday morning near Warrens.


Final day of Warrens Cranberry Fest

The 36th annual Warrens Cranberry Festival ends today. Highlights of the event include: Farm market with more than 100 vendors; Antique & Flea Market with more than 350 antique and flea market booths; Art ...


Things to do this weekend

The annual event features crafts, art, antiques, food, and, of course, lots of cranberries.


Black River Falls Police Department

September 15 2:10 p.m.: Police responded to a two-vehicle accident at Leeson Electric Corporation, 1 E. Leeson Way.


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