Yeagertown, 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
| Yeagertown, Pennsylvania News |
Opening day set for MC?Babe Ruth
Gary Stimely, president of the Mifflin County Babe Ruth League, has announced the opening day schedule for the 2009 season.
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Developer hopes to open new busines.....
Derry Township supervisors approved a preliminary plan that would allow Pittsburgh developer Nick Moraitis to build a hotel, chain restaurant and a large movie theatre complex within the next couple of years.
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Police: Girl attempts to poison her.....
Mifflin County Regional Police report a 15-year-old Yeagertown girl attempted to poison her mother on Tuesday.
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15-Year-Old Charged In Poisoning Of Mother
A Mifflin County teen was charged with poisoning her mother. Caitlin Buchecker, 15, of Yeagertown, put a household cleaner in a container of milk, police said.
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Naomi R. - Ruth' Breon
Naomi R. "Ruth" Breon, 86, formerly of 173 Breon Lane, Milroy, died at 1:26 a.m. on Friday, Oct.
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Board fires Herkert
Chief William Herkert's employment was terminated by the Mifflin County Regional Police Board of Directors during a public meeting held Tuesday afternoon at Regional Police headquarters in Yeagertown.
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Pandel Stoichess
Pandel Stoichess, 63, formerly of 125 N. Derry Ave., Yeagertown, passed away Wednesday, Oct.
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Counsel, board respond to request
The documents requested by The Sentinel are: All meeting minutes for the last 10 years up to and including the board's most recent meeting on Sept.
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Letter is sent to board members
As a result of the town hall meeting held on Monday evening by community members, a letter was addressed to the Mifflin County Regional Police Board of Directors, requesting that three members of the community ...
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Herkert supporters get another foru.....
Support for Mifflin County Regional Police Chief William Herkert still is going strong, and area residents are trying to find a solution.
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Checking out this year's harvest
Alexis O'Brien, 2, of Yeagertown, sits among the pumpkins, gourds and mums on display on Friday at Harvestfest.
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Rights of the public move to the fo.....
The public's right to be heard became a focal point of discussion Thursday evening during a special meeting of the Mifflin County Regional Police Department Board of Directors regarding the department's chief, ...
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Suspended police chief gets support
Mifflin County Regional Police Chief William Herkert received a vote of support Monday evening from members of Lewistown Borough Council.
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Wednesday is United Way Day of Cari.....
The 11th annual United Way of Mifflin-Juniata Day of Caring will kick off its 2009 campaign at 7 a.m. on Wednesday in Mifflin and Juniata counties.
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Restaurant strives to know customer.....
What makes Tina's Place special is its staff's effort to know their customers, said Tina LeFevre, co-owner, and her daughter, Missy Dickson, manager, of Yeagertown.
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Joshua D. Shepherd
Joshua D. Shepherd, 25, of 834 Acklen St., Shreveport, La., died July 21, 2008, in the South Pacific Ocean as a result of an airplane crash.
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Teens arrested for trying to steal .....
An 18-year-old and a 16-year-old recently were arrested in connection to the attempted theft of a pickup truck and a four-wheel ATV, Mifflin County Regional Police report.
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Mahleigh Jean Imler
Mahleigh Jean Imler became another one of Heaven's tiniest angels on Monday, July 21, 2008.
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Mahleigh Jean Imler
Mahleigh Jean Imler became another one of Heaven's tiniest angels on Monday, July 21, 2008.
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Severe thunderstorm warning for Cen.....
A severe thunderstorm warning remains in effect until 5:45 p.m. for Central Mifflin and Central Juniata counties The severe thunderstorm is capable of producing penny-size hail and damaging winds in excess of ...
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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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