Allenport, 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
| Allenport, Pennsylvania News |
Allenport man facing charges
An Allenport man has been charged with unlawful restraint, recklessly endangering another person, disorderly conduct, harassment and public drunkenness as a result of a series of incidents Sept.
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Neighborhood watch being planned
The concept is a noble idea that appears to make sense for small, close-knit communities - neighbors looking out for each other.
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The Russians are coming
Mum's the word Russia's TMK has been mum about its plans for the former IPSCO mills in Ambridge and Koppel.
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Former authority manager ordered to repay
The former office manager of the Washington Township Municipal Authority in Fayette County has been ordered by the State Ethics Commission to repay nearly $6,000 to the authority for receiving unauthorized ...
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Burglary suspect arrested
A Donora man is in jail for allegedly breaking into two homes in Stockdale and Allenport early Tuesday.
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Fallowfield should opt for regional force
Fallowfield Township is at a crossroads with its police department, and hopefully, it will follow a path to regional coverage.
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Fallowfield should opt for regional force
Fallowfield Township is at a crossroads with its police department, and hopefully, it will follow a path to regional coverage.
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Five-Town sets crime watch
The people of the Five-Town area have a message for anyone considering breaking the law in the communities of Roscoe, Elco, Stockdale, Allenport and Dunlevy.
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Tap-in fee assistance available
The township municipal authority board Tuesday authorized borrowing up to $4 million to help customers reduce tap-in fees linked to the construction of a storm water and waste water system.
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Esmark to decide stance on Severstal
Esmark Inc.'s top executive said the parent firm of Wheeling-Pittsburgh Corp. promised to decide by Friday whether to accept a Russian company's unsolicited bid to buy the domestic steelmaker.
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Roscoe considers crime watch
Criminals beware: Residents of this quiet, little town are watching. About 40 Roscoe residents attended a town meeting Tuesday at the borough building, where they all signed petitions to establish community ...
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Fraud investigator says $100,000 in overtime improper
A highly critical audit alleges the Washington Township Municipal Authority's haphazard oversight opened the way for two employees to misappropriate thousands of dollars in cash paid by customers and to pay ...
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Severstal bids $688 million for parent of Wheeling-Pitt
Russia's largest steelmaker today entered the battle to acquire Esmark Inc., the parent firm of Wheeling-Pittsburgh Steel, with a $688 million bid that essentially matches an earlier offer from Essar Steel ...
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Valley's economy bouncing back
The Mid-Mon Valley, as everyone knows, was left reeling by the demise of the domestic steel industry. via Http
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Daley posts big win
"I believe every election in which you have an opponent, you take seriously." After 26 years in the state House, Pete Daley takes nothing for granted, especially elections. via Http
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Don't waste time in filling Allenport plant
With the Cold War relegated to history -...at least we hope; with Vladimir Putin, who knows? - Valley residents should rally around a once-terrible cry: The Russians are coming. via Http
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Jobs, tax reform priorities in 49th
"She has no issues to run against me on" The sprawling 49th Legislative District faces many challenges, the three candidates seeking the Democratic nomination in the April 22 primary agree. via O-R Online
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California senior turns dump into nature trail
"I think Billy did a great job and learned so much through this project, such as time management skills, scheduling volunteers, staying within a budget and problem solving." An illegal dump site located along Allenport Hollow Creek is now a picturesque nature trail thanks to the hard work of a local Boy Scout. via Pittsburgh Tribune
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Steelworkers Trying To Save Washington County Mill
Steelworkers are meeting with Wheeling-Pittsburgh Steel to try to save a Washington County mill. via WPXI
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Esmark Settles Lawsuit with Metal Management
Esmark Inc. announced that it has settled a lawsuit that was filed by Metal management Inc. via Recycling Today
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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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