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Withee, 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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Withee, Wisconsin News
Courts

* James J. Mattsen, 17, of W5424 26 Road, Greenwood; no contest plea; criminal damage to property and criminal trespassing to a dwelling; sentence withheld; 12 months probation on each to run concurrent, $272 ...


Neitzel 50th

Gordon and Zora Neitzel of Theresa have been married for 50 years. Neitzel of Theresa and the former Zora Stark of Owen-Withee, Wis., and later of Kewaskum, were united in marriage on Oct.


Courts

* John C. McKinney, 39, of W5581 Elm Ave., Stetsonville; initial appearance Nov.


Owen-Withee student production about Holocaust victims advances to state competition

Out of more than 15,000 children incarcerated in the Terezin ghetto near Prague during World War II, only about 100 survived.


Band director busy at state convention

Jim Scheuer, band director at Owen-Withee, joined more than 2,000 Wisconsin music educators participating in the annual Wisconsin State Music Conference in Madison last week.


Area performances strong at state

WISCONSIN RAPIDS -- The area's Division 3 girls meant business at the WIAA State Cross Country Championships on Saturday at The Ridges Golf Course.


Today's police reports

An 18-year-old Loyal woman was arrested on a Clark County probation hold at 9:32 p.m. Tuesday in the 100 Block of South Central Avenue.


WIAA volleyball regional results

Division 2 Medford 3, Lakeland 0 Altoona 3, Tomahawk 0 Division 3 Colby 3, Stanley-Boyd 0 Auburndale 3, Owen-Withee 0 Wausau Newman Catholic 3, Edgar 1 Marathon 3, Amherst 2 Division 4 Athens 3, Loyal 0 Rosholt ...


Owen-Withee bands, choirs prep concert choices

The Owen-Withee Junior and Senior High bands and choirs will present their first concert of the school year on Sunday.


Saturday news from Clark County

The Owen-Withee Junior and Senior High School bands and choirs kick off the concert season with a varied selection.


Go! Best bet: O-W musicians to present concert

OWEN -- The Owen-Withee Junior and Senior High Bands and choirs, directed by choir director Russ Hosler and band director Jim Scheuer, will present their annual Fall Concert on Sunday.


Courts

* Kristy S. Degenhardt, 27, of 110 N. Stafford St., Greenwood; no contest plea; disorderly conduct; $309 fine.


Homeroom

The Auburndale Area Youth Football and Cheerleading program will host an all-you-can-eat chili feed from 10 a.m. to 2 p.m. Sunday in the high school cafeteria.


Murder Update

Officials now confirm they are investigating the death of an Owen man, as a homicide.


Investigators Determine Cause of Death in Taylor County Homicide

Investigators now know how a Clark County man died 3 years ago but there are still several unanswered questions.


Swiggum's priority job security

Editor: I have served with Tim Swiggum since 2001 on the Owen City Council. He has shown very good instincts in helping the Owen-Withee community to move forward.


Prep cross country: Pittsville runners have found the groove

PITTSVILLE -- When Pittsville High School cross country co-coaches Casey and Renee John met with their girls team in August, they thought they might have a special group.


Today's police reports

A 25-year-old female was arrested for slashing eight car tires in the 100 block of South Central Avenue at 1:51 a.m. Wednesday.


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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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