Athens, PA Divorce Buyout in Pennsylvania
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 Pennsylvania, 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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| Athens, Pennsylvania News |
Nursing homes celebrate Veterans Day
In honor of Veterans Day, many nursing homes in the Valley held celebrations for their residents that are veterans, as a way to say 'thank you' for fighting to make America what it is today.
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Bradford County and the Valley
Endless Mountain Transportation Authority will provide transportation from several sites in the Valley to the afternoon performance of the Valley Chorus Christmas Concert at Athens High School on Dec.
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Athens residents voice opinions on water pumping
Around 75 people came out to an Athens Township meeting recently to voice their concerns about Chesapeake Appalachia, a gas company, setting up a water pumping station in East Athens.
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Deadly Crash in Bradford County
A woman was killed Sunday after losing control of her car in Bradford County. State police said Stephanie Mullen, 22, of Athens lost control of a curt on Springfield Road near Towanda.
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Two homes gutted in separate fires
BY TIFFANY PEDEN Staff Writer ATHENS TOWNSHIP - As the smoke cleared away from the mobile home in Athens Township that had been up in flames only a half-hour before, the only part of the home that was not ...
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Tuesdaya s poll hours provided for Pennsylvania and New York state
On Tuesday, Nov. 4, polls will be open from 7 a.m. to 8 p.m. in Pennsylvania, and from 6 a.m. to 9 p.m. in New York state.
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Update: High turnouts in evening hours
The Review High turnouts in evening hours By the Review Many of the polling places in Bradford County are reporting high turnouts going into the final hours of the election.
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Election Day in Athens Pennsylvania
Athens, Pennsylvania -- Tuesday many Americans voted for a new president, and many were first time voters here.
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1 p.m. update: Area poll workers in Pa., N.Y. busier than normal with steady stream of voters
Voting today in Bradford County has been steady to brisk, with many poll workers busier than normal, according to a random sampling of poling places, but only a scattering of short lines thus far.
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It's Election Day
Local elections officials are bracing for a heavy voter turnout for today's election.
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Athens kids hold mock-election
Though they might not all have been old enough to vote, and despite the fact that it was a day early, the high schoolers and faculty at Athens Area High School showed who they thought should win the 2008 ...
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Tax shift referendums to benefit some, not others
Should you vote to pass the referendum that would eliminate the school occupation tax? On Tuesday, voters in the Towanda, Troy, Athens, Sayre and Canton school districts in Bradford County will have a ...
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Board discusses concerns over water-pumping
The Athens Borough Council expressed concerns at Monday night's borough council meeting about two potential water-pumping projects that could cause streets in Athens to see heavy tractor-trailer traffic.
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Occupation tax elimination discussed
The Athens and Sayre Area School Districts held a press conference on Monday to discuss the upcoming ballot question of whether to eliminate the occupation tax.
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Death Benefits in Auto Insurance
Do you realize that most car insurance companies do not pay a death benefit in the case of a fatal automobile accident? One local family in Athens Pennsylvania learned the hard way in September when their ...
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Bradford County Court Cases
Bradford County District Attorney Daniel J. Barrett announced that the following persons entered guilty pleas in the Bradford County Court of Common Pleas: David L. Gilbert, 24, P.O. Box 76, Route 187, Lot 76, ...
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Pa. bridge to reopen today
The new bridge on Route 199 in the Athens Township is scheduled to open later today, while another bridge on the same road will change its traffic patterns.
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Bradford County Court Cases
Bradford County District Attorney Daniel J. Barrett announced that the following persons were sentenced in the Court of Common Pleas of Bradford County: Angel Hatfield, 28, 540 E. Chemung St., Waverly, N.Y., ...
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Keeffe fund entertains students
The Sayre Chapter UNICO entertained around 450 special needs students on Tuesday at the Athens Area High School with a performance by The Galumphas, a dance and acrobatic group that performs world-wide. The ...
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Bradford County Property Transactions
The following property transactions were recorded recently at the Bradford County Courthouse.
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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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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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