Adamstown, 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.
Return to divorce buyout in the state of PA
| Adamstown, Pennsylvania News |
Fundraiser honors Jan Roseboro
Her husband, funeral director Michael Roseboro, has been charged with the crime.
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Next UBW Beer Dinner, like a Dungeon Dragon
About as adventurous as I've seen the Rupps get with a beer dinner comes up on Tuesday December 9th, 2008 at Union Barrel Works in Adamstown, PA .
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Adamstown couple robbed by 4 in home
Masked robbers with guns forced their way into an Adamstown apartment, bound and gagged a young woman with duct tape, and robbed her boyfriend, East Cocalico Township police said.
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Local Police Reports for
On Oct. 27 Officer Young filed the following charges against April J. Henry, 44 of the 100 block of W. Main Street in Adamstown, as the result of a DUI accident that occurred on the 200 block of West Main ...
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HomeFront | Trends in home & garden
TOUR On the Pumpkin Path Seven homes will be featured on the annual Adamstown Area Women's Club Pumpkin Path House Tour, 1 to 5 p.m. Sunday, Nov.
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Feds: Man Sexually Exploited Kids
A Lancaster County man has been indicted on charges he sexually exploited children, according federal officials.
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County man accused of sexual exploitation
A federal grand jury indicted a Lancaster County man Wednesday for allegedly taking sexually explicit photographs of children.
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Top 21 for Sunday, October 12
TOP 21 FOR SUNDAY 10/12: 1. Pennsylvania Music Expo @ PA Jaycees Bingo Hall. 2460 New Holland Pike Lancaster, PA 17601 Lancaster County.
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'Oh, it is heaven' at Denver Fair
It's only once a year, so go ahead and splurge. The Denver Fair began its four-day run Tuesday evening with the crowning of a new Miss Denver Fair, the usual games and rides, and food that always includes some ...
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Dinosaur fun for families planned
Dinosaur enthusiasts of all ages will have a special opportunity to discuss their passion with a renowned expert in the field as part of a special demonstration on Saturday, Aug.
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East Cocalico officials urged to include horse-and-buggy parking in shopping center plans
The East Cocalico Township supervisors are being urged to require horse-and-buggy parking at the proposed 57-acre Cocalico Commons shopping center near Adamstown.
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East Cocalico officials urged to include horse-and-buggy parking in shopping center plans
The East Cocalico Township supervisors are being urged to require horse-and-buggy parking at the proposed 57-acre Cocalico Commons shopping center near Adamstown.
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Chip makers pinched
It's not the Great Irish Potato Famine of the 19th century, but the summer of 2008 has turned into a major test for potato-chip producers across the country.
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Lots of bots
Joe Knedlhans said he's not worried about a robot uprising - though maybe he should be.
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Stoudtburg Village wecomes new businesses and homes
Since taking over the building and development of Stoudtburg Village in Adamstown about two years ago, developer Doug Compher of Terence Douglas Corporation has welcomed 12 new businesses, including his own ...
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Teen Volunteer Guide 2008
We shall not be liable, under any circumstances, for any loss, injury, claim, liability, or damage of any kind resulting from participation in this program.
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2 nabbed in theft of copper wire
A report of suspicious activity led to Manheim Township police arresting two men who allegedly stole copper wire Wednesday at a long-time abandoned motel property in the township's north end.
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Work to start Tuesday for repairs, resurfacing on part of Route 222
Work is scheduled to begin Tuesday night on a $10.3 million project to repair and resurface a 7-mile stretch of Route 222 from Ephrata to Adamstown.
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Mary Young column,
"It's coming, and coming faster than anyone wants to admit. It's the result of delay, delay, delay." A few weeks ago my husband, Rob, and I went to Shupp's Grove flea market near Adamstown. via Reading Eagle/Reading Times
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Fire destroys park pavilion near Adamstown
About 60 northern Lancaster County firefighters battled an early-morning blaze today that destroyed a large pavilion at the Adamstown VFW Park in Brecknock Township. via LancasterOnline
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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