Long Pond, 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
| Long Pond, Pennsylvania News |
Grim Anniversary for Monroe County Family
Police in Monroe County are asking for the public's help in solving a year-old murder case.
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Man arrested for reckless driving
A hankering for a hamburger put a stop to an alleged reckless driving spree, Saturday in Mount Pocono around 4 p.m. According to Pocono Mountain Regional Police, Wilfredo Vazquez, 45, of Tobyhanna was traveling ...
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Area Crime News
Jessy Aristizabael, 31, and Joseph Romagno, 49, both of Tobyhanna, are charged with retail theft after they were allegedly caught attempting to steal merchanise from Wal-Mart in Mount Pocono on Nov.
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Police Blotter: Thursday, Nov. 20
Ellen R. LaBella, 59, of Tobyhanna, was taken into custody and cited for retail theft and released on Nov.
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Pocono Friday: Man dead, man shot, ski before Thanksgiving, and a...
A bizarre death on Route 33 in Saylorsburg on Thursday left a witness wondering if the victim was trying to get himself killed.
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Monroe County Investigates Voter Fraud
A Monroe County voter says a poll worker reached into the voting booth and changed his choice on election day.
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Monroe crash victim identified
Police have identified a 66-year-old man who died in a Monroe County crash on Sunday.
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Passenger dead in Long Pond crash
An unnamed passenger died Sunday night after being tossed from a vehicle that tumbled off of Long Pond Road near Heller's Lane in Tunkhannock Township.
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AntiClimatic Wait on Election Day in Long Pond Pennsylvania
Blakeslee, Pennsylvania -- Election Day started at 7 a.m. in the small area of Tunkhannock Township, which happens to not be so small after all.
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Deeds Done for Sunday, Oct. 26
Guldane Kalar to Zekri H. and Rukie K. Paputchi, two tracts on PA Traffic Route 12 and Route 209, known as Monroe-Carbon Trail, $500,000 Tobyhanna Township Lancaster Reclamation LLC to Lennox Campbell, lot ...
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Police blotter for Wednesday, October 8
Brett M. Frace, 19, of Nazareth, and Cameron T. Letwinch, 19, of Easton, were cited for underage drinking on North Third Street, Stroudsburg.
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Police
Police find three little pigs chased from home Stormwater - not the big, bad wolf's dinner plans - chased three little piggies from their home Sunday.
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Highlights in the News: Week of Sept. 17-23
Editor's note: This column features some of the high and low spots in the recent news.
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Police blotter for Wednesday, Sept. 24
Zachary J. Mitchell, 34, of Kunkletown, was cited for having an open container in a vehicle.
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Man facing charges in pants-dropping incident
A Long Pond man who allegedly pulled down his pants in the middle of the street in Tobyhanna Township Saturday is facing indecent exposure charges, Pocono Mountain Regional Police said.
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Long Pond Residents Voting at New Location
Election Day is right around the corner on November 4th, 2008. Long Pond, Pennsylvania, residents and other resident's of Tunkhannock Township will no longer be voting in the normal voting location.
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Traffic stops net fake ID cards, heroin and brass knuckles -
Traffic stops between Sept. 12 and Thursday led to the arrests of Miguel Cisneros, 20, of Mount Pocono, Michael Leach, 23, of Long Pond, and Robert Conde Jr., 18, of Tobyhanna, Pocono Mountain Regional Police ...
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Lt. Gov. Proclaims Sept. 11 as American Red Cross Blood Donor Day
In order to encourage Pennsylvanians to donate blood this week in remembrance of the victims of 9/11/2001, and to assist in highlighting the need for preparedness for disaster, Pennsylvania Lieutenant Gov.
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Gates firefighters battle house fire
The Gates Fire Department is battling a house fire on Long Pond Road this morning, dispatchers said.
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Police Blotter
A 17-year-old employee was charged Sept. 5 with retail theft at the Mount Pocono Kmart.
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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 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.
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