Winburne, 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
| Winburne, Pennsylvania News |
Daily Police Log
The investigation continues in a hit-and-run that occurred yesterday at 2:18 p.m. on state Route 53 in Decatur Township.
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Weekend Police Log
Delores J. Burton of Ramey was not injured Wednesday when she was driving too fast north on a slush-covered state Route 53 in Decatur Township and lost control of her sport utility vehicle.
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Winburne Residence Burglarized
The Clearfield-based State Police has reported that a 34-year-old Winburne man's residence was burglarized sometime between 6 p.m. Oct.
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Daily Police Log
Yesterday, Jossey Vargas of New York City was arrested following a traffic stop for a violation on Interstate 80 at mile marker 123 in Bradford Township during which the vehicle was searched and a small bag of ...
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Daily Police Log
Max A. Roussel of Grampian reported a .38-caliber chrome-plated Smith and Wesson revolver, valued at $400, was taken from his vehicle while it was parked at a towing business in Grampian Borough last week.
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Weekend Police Log
Someone spun their vehicle in the Madera Veterans of Foreign Wars John Branic Post No.
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Police Report
As of late Sunday evening, police declined to identify the man, pending notification of family. via Centre Daily Times
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House candidate in Pa. charged with burglary, other counts
A candidate for Congress in Pennsylvania has been charged with felony burglary and criminal trespass. via Baltimore Sun
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So who's opening a Hooters?
"Neither one has been granted the rights to build there yet, so I am very interested in the company that has been formed there" BARRE A Hooters official wants to know who is behind the effort to bring a restaurant to the city when there are no franchises available in the United States. via Times Leader
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Bill Clinton at Penn State Behrend
Former President Bill Clinton today made his second recent campaign stop in Erie County, just five days before the Pennsylvania primary. via WICU 12
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Clinton visits region
"I am so grateful for the chance to come to Pennsylvania and I hope you appreciate the enormous role you can play in determining who the nominee of the Democratic Party is" A sizeable crowd of area residents gathered around American Legion Post #103 on Center Street in St. via Ridgway Record
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Walker faces felony charges
Five days before the Pennsylvania primary, a U.S. House candidate who has touted his Eagle Scout background in TV ads was charged with felony burglary and criminal trespass stemming from an encounter last year ... via The Sentinel
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Two Communities Receive Pennvest Funding
"The $6 million project will help satisfy current and future water needs." State Rep. Camille "Bud" George, D-74 Houtzdale, announced that Pennvest - the Pennsylvania Infrastructure Investment Authority - approved two, low-interest loans totaling more than $5.2 million that will help ... via GantDaily.com
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Westmoreland County native earns state honor
"We'll enjoy this feeling for a while before we start thinking about defending our title." The late James Laudadio was known as "Mr. Conservation" during his time in the Pennsylvania House of Representatives. via PittsburghLIVE.com
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W-B eatery may add outside dining
"Outside dining is something we visualized for the downtown years ago." Council may permit Caf Toscana to put tables along West Market Street. WILKES-BARRE Outdoor dining may be coming to Public Square. via Times Leader
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Foreigner, Cinderella and Warrant Round Out Fair Lineup
The Clearfield Fair and Park Board is pleased to announce a star-studded lineup for the 2008 fair. via GantDaily.com
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SBA Community Loan Workshop
Central PA Community Action, Inc., will host a Community Express Workshop on April 15 at 5:00 p.m. at Founders Hall, Clearfield Campus of Lock Haven University. via GantDaily.com
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Community briefs April 7, 2008
"What fishing means to me; the importance of conservation; and why I want to attend the school." Pa. program geared toward young anglers Young anglers from across Pennsylvania are invited to register for the Bass Anglers Conservation School, July 13-17, on Lake Perez at Pennsylvania State University's ... via The Herald
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McCracken gets Union Endorsements
Mark B. McCracken. CLEARFIELD - Mark B. McCracken, Democratic candidate for United States House of Representatives in the Fifth Congressional District of Pennsylvania announced that he has received the ... via GantDaily.com
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Conservation events target pupils
"It will be open only to those registering" The Outdoor Heritage Education Event - an educational program for school pupils - will take place April 24 and 25 at Summer's Best Two Weeks off Route 601. via The Tribune-Democrat
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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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