Acme, PA Divorce Buyout in Pennsylvania
Since 1979 Somerset Mortgage Lenders 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.
Return to divorce buyout in the state of PA
| Acme, Pennsylvania News |
Man arrested on felony check forgery charges
A Philadelphia man was arrested on felony forgery charges on Friday after he allegedly attempted to cash a check for over $700 at the Citizens Bank last Wednesday.
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Gospel Sing at Calvary UM Church
Calvary United Methodist Church, 328 Calvary Church Road, Acme, will hold a Gospel Sing from noon to 7 p.m. Saturday, featuring six groups.
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Westmoreland County man missing
A Westmoreland County man has been reported missing after he argued with relatives at a camp site yesterday and stormed off, state police said.
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Rotary Club holds rose sale
Rotary Club of Connellsville will conduct its annual rose sale during the upcoming Timber Day event on Saturday at the following locations in Connellsville: 9 a.m. to noon at Scottdale Bank & Trust drive-up ...
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Peach Festival on Saturday in Acme
The Calvary United Methodist Church will hold its annual Peach Festival from 4 to 7 p.m. Saturday at the church located at 328 Calvary Church Road in Acme.
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Chestnut Ridge Historical Society meets Tuesday
The Chestnut Ridge Historical Society will hold its monthly meeting 7 p.m. Tuesday at the Cook Township Community Center in Stahlstown.
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Briefly... CITY/REGION
Man shot dead in N. Phila. A 23-year-old man was shot dead at 24th Street and Ridge Avenue in North Philly yesterday.
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Connellsville drivers dominate Motordrome Super Late Model race
Connellsville's Rick Miller celebrates with his family in victory lane after winning last Friday's Super Late Model feature at Motordrome.
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Acme Community Day is Saturday
Acme Community Day will be held 8 a.m. to 3 p.m. Saturday at the Acme Community Church.
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Library to offer writing program
From 2 to 4 p.m. Aug. 9, the Mt. Pleasant Library will host the Ligonier Valley Writers, which will be presenting a free workshop titled "Historical Writing for Children." Although geared toward children, the ...
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Decisions of the Westmoreland County judges
The following is a list of defendants charged with a first offense of driving under the influence in Westmoreland County criminal court.
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Bamboo Bags keep bread fresh and safe
Whether you've moved away from conventional grocery bags or not, bagging bread usually requires some extra thought -- unless you like yours smashed.
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Indiana district court docket
Several defendants have been named in charges filed in the Indiana district court before Magisterial District Judge Guy B. Haberl.
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Breakneck church plans strawberry festival
Breakneck Church of God will hold a strawberry festival in its fellowship building from 4 to 7 p.m. May 17. via Connellsville and Fayette County News
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Local Wineries Have Lots To Offer
"We grow about 15 percent of the grapes we use to make wine" While Pittsburgh residents have enjoyed warm weather and sunshine, a blast of cold air in California might have put your summer wine selection on ice. via WTAE-TV Pittsburgh
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ATV rider injured in collision with truck in Fayette County
A Fayette County man riding an all-terrain vehicle was injured late Saturday when he collided with a pickup truck, Uniontown state police said. via Pittsburgh Tribune
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Rock Garden Society sale tomorrow at Soergel's
The Allegheny chapter of the North American Rock Garden Society will have its annual plant show and sale from 9 a.m. to 3 p.m. Sunday at Soergel's Orchard & Garden Center, Franklin Park. via Pittsburgh Tribune-Review
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Westmoreland County Park Police warn of vehicle break-ins
"People go to the park and leave their purses, wallets or credit cards laying out where people can see them. These thieves are just breaking through the windows to gain access and steal the items" Westmoreland County Park Police are warning visitors to county parks to safely store valuables when they leave their vehicles. via PittsburghLIVE.com
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6abc/Girl Scouts Baby Bundles
Channel 6 and area Girl Scouts are teaming up with WIC of Philadelphia , Wyeth , and ACME Markets for a collection drive benefiting local moms and babies in need. via WPVI-TV Philadelphia
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Westmoreland County lawmaker seeks Vietnam vets for honors
State Rep. Jess Stairs, R-Acme, is seeking Vietnam War veterans for a ceremony to be held in conjunction with the observance of Memorial Day on May 26. via PittsburghLIVE.com
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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