Apollo, 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
| Apollo, Pennsylvania News |
FLAG program seeks state revitalization money
All FLAG, the revitalization group serving Freeport, Leechburg and Apollo, needs now is to flag down some grant money from the state.
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Ex-workers look for help, new jobs
The union representing employees of shuttered Kensington Windows will petition federal bankruptcy court to get former workers severance and unused vacation pay to which they may be entitled.
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FLAG begins walk on road to revitalization
Freeport, Leechburg, Apollo Group -- wants to enhance the three business districts to attract companies, tourists and prosperity to the boroughs.
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Capitol plays host to rare dino exhibit
The Pennsylvania Capitol building is a historic structure that was dedicated in 1906 by Teddy Roosevelt and is loaded with beautiful architecture, statues and paintings.
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N. Apollo Neighborhood Watch gears up
Safe houses where children in danger can run to for sanctuary will be among the first initiatives launched by a new neighborhood watch program in North Apollo, Mayor Jack Horneman said.
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Attorney's death won't end contamination lawsuit
A federal lawsuit alleging contamination from nuclear fuel processing in Apollo will proceed in the wake of the death of the plaintiffs' lead attorney, Fred Baron.
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Veterans Day Holds Special Meaning In Apollo
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Teens enjoy raising, training animals for the fair
Training a dog to roll over on command is difficult for any pet owner. Cats? Don't even think about it.
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News to Use
An art exhibit painted by cancer patients that travels around the world, Oncology on Canvas, will be on display in the lobby of the Richard G. Laube Cancer Center at ACMH Hospital in East Franklin for two weeks ...
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Armstrong County Jail commitments
The following people were committed to the Armstrong County Jail on Tuesday, according to jail records: * Jeane Sixx, 48, of Pittsburgh, by the court on a bench warrant for failure to appear.
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County's lone Linens 'n Things location to close its doors
As part of the shuttering of its 377 remaining stores, the lone remaining Linens 'n Things in Chester County will close right after Christmas.
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Apollo Library celebrates anniversary with fashion show
Apollo Memorial Library is celebrating its centennial by going against the fashion-forward grain and looking back at the history of fashion.
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Religion in brief | Men's conference at BCK Ministries
BY JANICE RAINEY JRAINEY@TRIBDEM.COM Men's conference at BCK Ministries A men's conference will be held at 10 a.m. and 7 p.m. today at BCK Ministries, 1723 Scalp Ave., Johnstown.
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News to Use
The Kittanning Public Library is the recipient of The National Endowment for the Humanities new Picturing America initiative.
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Apollo-Ridge to pay more for gasoline
Over the objection of a single resident, the Apollo-Ridge School District board Tuesday approved paying its bus contractor up to $60,000 more to compensate for increased fuel prices.
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Brackenridge man arrested as suspect in string of burglaries
A Brackenridge man was arrested and arraigned Thursday for allegedly burglarizing businesses in Armstrong and Butler counties earlier this year.
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News to Use
Deadline extended for Gettysburg trip The deadline has been extended until Oct. 31 to make reservations for the two-day bus trip to Gettysburg sponsored by the Apollo Area Historical Society.
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Consider having a DIY Halloween
Many local communities will be observing Halloween traditions--parades, parties and trick-or-treating -- this coming weekend, while a few are waiting until the traditional date, a week from today.
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Navy ship's legacy docks at York museum
The ship's bell is one of the items from the USS York County going on display this week at the York County Heritage Trust's Historical Society Museum.
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Civil War Day brings out the curious in Apollo
The Drake Log Cabin might be one of Apollo's best-kept secrets. Alan Morgan wishes that weren't the case.
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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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