Glenville, 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
| Glenville, Pennsylvania News |
Blum, Donsen capture Turkey Trot crowns
Runners among the largest field in race history leave the starting line at Thursday's New Oxford Community 5K Turkey Trot footrace.
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Police search for answers after muder-suicide in Spring Garden Twp.
Spring Garden Township's police chief said investigators are trying to determine why a township man murdered his wife and toddler, then committed suicide Sunday morning.
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Police: Man ran over, dragged injured motorcyclist
A warrant has been issued for the arrest of a Glenville man police allege ran over and dragged an injured motorcyclist who lay on Route 216 after being thrown from his bike in an earlier crash.
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Artist leaves lasting impression
Christopher Plummer is fascinated with patterns -- in nature, in ancient architecture, in everyday life.
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One injured in school bus accident
Southern York County School District students wait to be let off the school bus involved in a collision with a pickup Tuesday afternoon on Blooming Grove Road at Trump Road near Glenville.
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Beating, robbery victim says he played dead
Kipp O. Wentz, 27, is charged with robbery, aggravated assault, simple assault, theft by unlawful taking, receiving stolen property and harassment.
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Police: Victim played dead during beating
A New Oxford man played dead during a savage beating in which he was robbed after catching a ride with a man in Adams County earlier this month, police said.
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Recorder of deeds crashes car into train
Pennsylvania State Police are investigating a crash in Codorus Township that sent the county's recorder of deeds to York Hospital Thursday morning after her car was struck by a train.
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Train struck car; police checking if horn sounded
A state trooper looks over a car before it gets towed away following a collision with a train along Route 216 in Codorus Township on Thursday.
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Recorder of Deeds injured in crash with train
York County's recorder of deeds escaped serious injury when her car struck a moving train in Codorus Township Thursday morning, police said.
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Woman Hurt in Crash with Train
A York County woman sustained minor injuries this morning when she crashed into a freight train, according to state police.
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Hanover Money Saver site offers tips
These days almost everyone can feel the pressure from rising prices. That is why Diane Butler, of Glenville, has made it her mission to spread her money- saving savvy throughout the area.
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Hanover Money Saver site offers tips
These days almost everyone can feel the pressure from rising prices. That is why Diane Butler, of Glenville, has made it her mission to spread her money- saving savvy throughout the area.
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Police: Man made threats
State police said they arrested a man who made threats and brandished a hunting knife in a Codorus Township tavern early Sunday morning.
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Motorist remains in hospital
The man injured in a Saturday night crash in Codorus State Park remained in satisfactory condition Wednesday at York Hospital, according to a hospital spokeswoman.
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Penn Township landlords say regulations unfair
There was standing room only as more than 50 landlords showed up at a Penn Township meeting to voice their concerns with a rental-inspection ordinance passed by the commissioners.
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Public record for May 6, 2008
Mr. and Mrs. Troy Rang , York, a daughter, April 24, 2008, at Hanover Hospital. Mr. and Mrs. via Evening Sun
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GLENVILLE: Woman hurt in car crash
An 84-year-old woman on her way to vote in Tuesday's primary was injured in a two-vehicle crash, Southwestern Regional Police said. via The York Daily Record
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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