Kintnersville, 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
| Kintnersville, Pennsylvania News |
Homes with history: Part 1
Canal House, located off Route 611 in Kintnersville, was once a post office and general store.
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Overturned gas truck sparks evacuations
Home delivery came at a high price Monday morning. A propane delivery truck slipped into a ditch and fell onto its right side when the driver tried to reverse down a narrow, stone gravel driveway.
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She's riding high: Teen who overcame personal issues talks to students about horses.
Lee Gentner was set to present her senior graduation project Friday morning to Palisades High School classmates, but things were not going well.
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Voting was a new experience for some
Anthony Zortea of Plumsteadville turned 18 on Monday. On Tuesday, he celebrated legal adulthood by heading to Tohickon Middle School to vote for the first time.
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Dan Hartzell: Rumble caused grumble in Raubsville
Rumble strips were removed from a part of Route 611 because of noise complaints.
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Father says murder victim was a fighter
In the same church where his daughter Rhonda was shot to death three weeks prior, Francis Smith stood in the back of a dining room after services in February and accepted condolences from Mary Jane Fonder.
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Shopping Scout - October 22, 2008
LOOKING FOR Harley-Davidson seat: Marty of Kintnersville is looking for a double seat, foot pegs and back rest for a 2004 Harley Sportster 883 XL.
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Expert links defendant, gun in murder case
A ballistics expert testified yesterday that the fatal bullet recovered from the body of a receptionist killed inside a Bucks County church came from a gun owned by Mary Jane Fonder, a fellow congregant on ...
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Suspect's fingerprints, DNA were not found at murder scene
Experts over the church office where Rhonda Smith was gunned down found no DNA or fingerprints to link accused murderer Mary Jane Fonder to the crime.
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Defense: Fonder accused because she's 'different'
Chatty, opinioned and clingy, Mary Jane Fonder was never accepted into the social scene within Trinity Evangelical Lutheran Church.
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Prosecution: Jealous 'fuse' sparked murder
Rhonda Smith was getting a lot of attention. The 42-year-old Hellertown woman, who struggled with bipolar disorder, was welcomed with open arms by the Trinity Evangelical Lutheran Church congregation last year ...
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Fresh alternative runs into sour patch
A few baskets of baby pumpkins, gourds and late-season tomatoes didn't inspire too many customers to stop by the Springtown Farmers Market this week.
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Musical brings Dr. Seuss to life
Favorite characters from half a dozen Dr. Seuss books share the stage in a colorful spectacle opening Sept.
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Shopping Scout: September 5, 2008
LOOKING FOR Metal tulip lawn chair: Ron of Northampton is looking for a metal tulip lawn chair.
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Hatzai on the Fringe with play
The world premiere production of the one-act play, "Waiting for the Ship from Delos: The Last Days of Socrates," by former Allentown resident Steve Hatzai, will be held Sunday at the American Philosophical ...
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Palisades Schools Keeping district files safe
As computer hackers grow increasingly savvy in the age of identity theft, Palisades officials are taking steps to keep the school district safe.
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Lawyer says Fonder can't get fair trial
Citing media accounts and Internet comments that paint his client as a "deranged ... mean, jealous psycho," attorney Michael Applebaum tried Monday to have Mary Jane Fonder's murder trial moved out of Bucks ...
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Anniversary a chance to honor vets
On July 27, 1953, Staff Sgt. Eddie Papaycik had a front-row seat at the signing of the armistice that would end the Korean War.
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Farming in their roots
Most girls wouldn't envy Rachael Kressman's life, and that suits her just fine. On a sticky, sunny afternoon Kressman's hands are scuffed with dirt, her sun-streaked hair pulled up into a messy ponytail and her ...
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In Your Town: Quakertown Area
PERKASIE HISTORICAL SOCIETY is seeking old photos, slides or film footage from the moving of the South Perkasie Covered Bridge in August 1958.
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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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