Littlestown, 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
| Littlestown, Pennsylvania News |
Public record for Tuesday, Dec. 2, 2008
Brittany Myers and Matthew Frank, Hanover, a daughter, Nov. 26, 2008, at Hanover Hospital.
|
Water ordinance dropped
Littlestown borough -- which is owed more than $40,000 in delinquent water and sewer bills -- passed an ordinance in October that would provide more leverage in collecting some of that money.
|
Hanover district names principal
Andrew Samuelsen will soon go from a Thunderbolt to a Nighthawk. Upon release from his role as the assistant principal of Littlestown Area Senior High School, Samuelsen will be the new principal of Hanover High ...
|
Pet cat recovering after being shot
Local humane officials are searching for the person who shot a domestic cat near Littlestown last week.
|
Littlestown parking issue tabled
Residents of Littlestown can still park at 10 S. Queen St. for at least two more weeks.
|
Make more cuts in Littlestown
This current round of budget projections has been both uplifting and depressing depending on the municipality involved, and mindset of their elected representatives.
|
2008 All-Area Boys Cross Country Team
Jr.: A schedule of invitationals paid off. Beegle earned the best time in the Hanover area when he ran 15:59 at the Gettysburg Invitational's Varsity Group 1 race.
|
Signs of bigotry
The quote is often attributed to the great 18th century French writer and philosopher Voltaire.
|
Littlestown hires new assistant principal
Littlestown school board approved hiring a new assistant principal for Rolling Acres Elementary School at its Monday night meeting.
|
Local Authors: Hanover man writes about good ol' days
Ah, the good ol' days. Walking both ways, uphill, in the snow, to a one-room schoolhouse.
|
Littlestown students told about dangers of smoking
Friday morning in Littlestown, BT Smoke was seen lurking around Maple Avenue Middle School.
|
Public record for Wednesday, Nov. 12, 2008
Neftalie Lua and Antonio Sandoval, New Oxford, a daughter, Nov. 6, 2008, at Hanover Hospital.
|
Chief: No action to be taken on controversial sign
A sign posted by Littlestown resident Kenneth Frock has prompted some complaints.
|
Public record for Tuesday, Nov. 4, 2008
Mr. and Mrs. Nicholas Gross , New Oxford, a daughter, Oct. 26, 2008, at Hanover Hospital.
|
Littlestown band holds fall concert
The Littlestown Area Municipal Band, under the direction of Ben Messinger, will present a fall concert at 3 p.m. Sunday, Nov.
|
Littlestown adopts budget, taxes going up
Littlestown Borough Council tentatively adopted its 2009 budget on Oct. 28 and residents can expect a tax increase.
|
Littlestown to make decision on new cell tower
AT&T is building a new cellular tower off Kindig Road in Littlestown. Mark Jones, representative for AT&T, last week presented the Borough Council with a lease.
|
Rendell Says Agriculture, Tourism Businesses in 12 Counties...
A tourist attraction and a dozen farm operations in rural communities throughout the commonwealth will be able to acquire new land, buy new equipment and build and renovate buildings with the support of new ...
|
Littlestown students elect McCain, but Obama takes win
Zachery Logsdon gets help from his teacher Tracy Willet while voting in the Alloway Creek Intermediate School Mock Election on Monday morning.
|
Public record for Tuesday, Oct. 28, 2008
Mr. and Mrs. Chad Warner , Spring Grove, a son, Oct. 20, 2008, at Hanover Hospital.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
|
|