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Adell, 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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Adell, Wisconsin News
2008 Trick-Or-Treating Schedule

Adell 3 to 5 p.m. There is also a party for children sponsored by Eberhardt's Plumbing and Heating on Oct.


Carol A. Herman

Carol A. Herman, 59, of Glenbeulah, formerly of Adell, passed away on Saturday, October 4, 2008, at the Sharon S. Richardson Community Hospice Center in Sheboygan Falls.


Dorothy L. Luebke

Dorothy L. Luebke, age 83, of Winneconne, died Monday, September 29, 2008 at Care Partners Assisted Living in Winneconne.


Adell man arrested for car theft

A 30-year-old Adell man was arrested Sunday morning after a witness said the man stole his car and waved at him while driving away, according to the Sheboygan County Sheriff's Department.


Engagement: VanderPloeg-Casper

Stacy VanderPloeg of Denver and Zachary Casper of Adell are engaged to be married.


Scanner reports: Advanced Cast Stone fire extinguished

Firefighters are on the scene of a fire this morning at Advanced Cast Stone in the Town of Sherman, according to scanner reports.


Edna G. Wilke

Edna G. Wilke, 92, of the town of Scott, passed away on Saturday, August 23, 2008, at the Plymouth Care Center in Plymouth.


Large amount of cash stolen from car

More than $1,000 was taken from an unlocked car in the Village of Adell earlier this week, according to the Sheboygan County Sheriff's Department.


Adell mans hand injured in grinder

A 26-year-old Adell man was hospitalized Monday after his hand was caught in a whey grinder, according to the Sheboygan County Sheriff's Department.


Anniversary: Robert and Carol Navis

Robert and Carol Navis of 211 Osius St., Adell, celebrated their 50th wedding anniversary on June 29, 2008 at the Five Pillars Restaurant with a family dinner that followed.


Adell woman accused of prostitution

A 28-year-old Adell woman has been arrested for allegedly soliciting prostitution through advertisements on the Web site Craigslist, police said.


Hingham Fastpitch: Adell edges past Pizza Ranch

Josh Wilterdink went 3-for-4 and Nate Rhode hit a two-run home run in the fifth inning, leading Adell Co-op to an 8-6 win over Pizza Ranch in a winner's bracket game at the Hingham Fastpitch Tournament on ...


Local softball: Hingham tourney games rained out

The opening day of the Hingham Fastpitch Softball Tournament was rained out on Monday.


16 Departments Battle Sheboygan County Fire

Fire crews from 16 fire departments in three counties battled a large fire at the Advance Cast Stone Company on Highway 144 in Random Lake.


Adell woman hurt in ATV accident

A 42-year-old woman from the Village of Adell sustained leg injuries Monday morning in the rollover of an all-terrain vehicle she was driving on private property in the Town of Scott.


Community Notes

The SCARTA Summer Luncheon will be held at Rangeline Inn, Sheboygan Falls, on Thursday, June 26.


Isabel M. McMullen

Isabel M. McMullen, 100, formerly of Sheboygan Falls and the Town of Holland, died on Sunday morning, June 8, 2008 at the Plymouth Care center where she had resided for the past six months.


Robert L. Zywicke

Mr. Robert Zywicke, of Highway SS in Adell, passed away in the early morning hours Wednesday, June 4, 2008, at Cedar Grove Gardens in Cedar Grove.


Matthew M. Harris

Matthew M. Harris, age 27, Of N 2875 Dusty Lane, Cascade, WI, passed away following a one car accident in the Town of Lyndon on June 7th, 2008.


One Dead, One Injured in Cascade Crash

Alcohol and speed appear to be factors in a fatal crash near Cascade. Investigators say a 1997 Chevrolet Cavalier was eastbound on County Highway F early Saturday morning.


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