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Hydes, MD Divorce Buyout in Maryland

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 Maryland, 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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Hydes, Maryland News
Church community copes with Brady family tragedy

The community at St. John the Evangelist Roman Catholic Church is struggling to cope with the sudden loss of two of its members, a mother and her son - and praying for the injured father and another son - after ...


Driver in Deadly Belair Crash Struck Twice

Witnesses say 37-year old Christopher Lentz of Glen Arm swerved into the oncoming lane and hit a Perry Hall familya s minivan head on, but Maryland State Police now say this proved to be his second accident in ...


Prayer Service for Accident Victim

A prayer service was held this evening for a 10-year-old killed in car crash in Harford County yesterday.


Students develop a passion for pumpkin picking

Kindergartners from St. John the Evangelist School in Hydes were pumped for pumpkin-picking. The day before their field trip to Roha Farms in Hydes, Kim Brannon's and Christine Zorn's classes were up to their ...


Spinal cord injury an obstacle? Not for her

"Gutsy" is a term that many women might not choose to describe themselves. But to Vickie Rosellini, formerly of Kingsville, the word sounds just fine.


St. John school marks 150th anniversary

St. John the Evangelist School in Hydes is celebrating its 150th anniversary during the 2008-2009 school year.


Former lobbyist planting Maryland's biggest vineyard

Richard Seibert moved his family last year from Annapolis to Clear Spring to plant 60 acres of grapes on the 175-acre farm that has been in his family for generations.


Baltimore Priest Defrocked

Monday, May 19, 2008 WBAL Radio as reported by Anne Kramer The Archdiocese of Baltimore says that a Baltimore priest has been defrocked by Pope Benedict.


A model of patience

"Reading and technology is key to education today"

Teacher Barbara Garber said that she has not heard Teresa Baker raise her voice once in the 13 years that the principal has been at St. via Baltimore Sun


Staying PowerBiill and Miriam Hyde celebrate their enduring relationship -- with a 1958 Chevrolet

"In 1958, how could I have anticipated this day?"

Bill and Miriam Hyde paid $2,557.50 for this 1958 Chevrolet Bisayne, when it was new. via North County News


Harris raises, spends more in 1st District

Andy Harris is confident his unrivaled fundraising translates into unrivaled support. via North County News


Kevin Cowherd: One car, 50 years, 450,000 miles

"What caught my eye was just the physical design, how easy it was to get into the back seat and trunk"

If you ever feel like bragging about the old car in your driveway that has 200,000 miles on the odometer, still runs great, doesn't have a dent and blah, blah, blah, make sure not to do it around Bill and ... via Baltimore Sun


Former candidate files $2.8 million defamation suit

Jack Sturgill, in the suit filed in August in Baltimore County Circuit Court, charges that the group Democrats for Responsive Government used an image of him without permission and produced campaign literature ... via North County News


Md. Catholics join in exuberant liturgy

"Our Mass today brings the church in the United States to its roots in nearby Maryland"

Jack Rosenthal awoke yesterday in a panic. The 16-year-old had overslept, missing the bus to Washington for an event with great historical and spiritual significance to him - Pope Benedict XVI's first Mass in the U.S. as pontiff.

The teen's father rushed him from their Harford County home to Greenbelt to ride the Metro to Nationals Park. The lanky Calvert Hall College student hurried through the security checkpoints and joined tens of thousands of other Catholics gathered in prayer.

That's when he felt the anxiety ebb and a sense of the sacred wash over him. Read more


Marylanders head to D.C. for papal Mass

"It's a once in a lifetime opportunity."

Their breaths visible in the cold air before dawn, teenagers shuffled onto a bus at a park and ride in Harford County. Behind them, a few wide-eyed children peppered their parents with questions about the day that lay before them.

The group of about 40 parishioners from St. John the Evangelist Roman Catholic Church in Hydes and several nearby churches was headed to Washington this morning to join about 46,000 people for a Mass celebrated by Pope Benedict XVI on his first visit to the U.S. after becoming pontiff. Read more


Area Catholics eager to meet visit's challenge

"They're just very excited about the chance to be this close and present to the Holy Father"

Christy Bissally bent over her desk in the quiet classroom, pressing her pencil into the center of a flower made of purple construction paper. via The Baltimore Sun


County to review plans for Loch Raven addition

Loch Raven serves students from Glen Arm, Hydes and Baldwin, in addition to Parkville, Carney and Towson. via North County News


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