York Haven, 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
| York Haven, Pennsylvania News |
York Haven's public water question
Tommy Snelbaker never doubted he'd help extinguish another fire in York Haven. The longtime chief of the volunteer fire department said it always is a matter of when, not if.
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The generosity of a community
A fire in York Haven displaced 16 people, including the Warta family, gathered in the living room of a relative's house where they've been staying.
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Lacie puts her feet down at dog show
Lacie, a 7-month-old Shih Tzu owned by Margaret David of Harrisburg, won Best of Breed at the National Dog Show on Saturday.
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Fire hurts, and you can help
The aftermath of last Saturday's devastating fire in York Haven was bittersweet for 91-year-old Pauline Householder.
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Agencies, York's people, band together in wake of fire
Even before firefighters extinguished the massive blaze on East King Street that left more than four dozen people homeless, workers from both the Red Cross and the Salvation Army were on scene, doing what they ...
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York Haven fire victims cope
Standing outside her home Monday morning, Jennifer Ness stared at the charred wood, furniture and scraps that were once the homes of 16 people.
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York County Fire Displaces 16
York County, Pa. - A fire in York County this weekend left 16 people with no place to live - and ten of them are children.
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Fire log: Cause of blaze that displaced 17 people is undetermined
Piles of twisted metal, charred wood and broken glass are all that remain of four homes that burned early Saturday in York Haven.
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Seventeen displaced after three-alarm fire
More than a dozen people in York County are without a home this morning after a three-alarm fire destroyed a group of row homes.
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Route 30 bridge week's big project
Perhaps the biggest road project this week will involve fixing the damaged concrete on the Route 30 bridge over the Codorus Creek.
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Seniors struggling to move on
As seniors took part in a sing-a-long in a partitioned section of the Northeastern Senior Community Center, Deb Davis said life is beginning to get back to normal after the center was broken into.
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Cleaning supplies and gift cards are popular dollar store buys.
Shoppers at the Dollar Express in York said they most often picked up detergent, greeting cards and wrapping paper at the store because it's cheaper than they can find it anywhere else.
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GO: Experience a night of fright in York Haven
Halloween is creeping around the corner. Get your fill of seasonal spooks at Halloween Park, 100 Hykes Mill Road in York Haven.
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Health care industry still thriving
Travis Peters of James Craft Son in York Haven works on a $678,000 plumbing and HVAC project at Memorial Hospital's renovated emergency room.
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Barrett Awarded the Victory in the 3rd Annual Cumberland Truck...
Barrett Awarded the Victory in the 3rd Annual Cumberland Truck Equipment Susquehanna Showdown After Post Race Tech Inspection at SSP on Sunday Night Newberrytown, PA - " Ashley Barrett of Shippensburg was ...
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Business Owner's Son Spots Men Taking Car Parts
Two men were caught stealing car parts from a York County business Tuesday night, state police said.
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CONTRACT: Local company lands project
Messiah College in Grantham, has awarded James Craft & Son Inc. in York Haven a $286,000 contract for the renovation of its heating, ventilation and air- conditioning system in its Oakes Museum.
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15th District Senate race
Republican State Sen. Jeff Piccola is seeking re-election for a fourth full term in the 15th Senate District, having served in the seat since 1995.
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SSP Results from Saturday, Sept. 20
Jason Goodling Wins Demo Derby at SSP's Smashfest '08 on Saturday Night; $5,000-to-Win Next Year's Small Car Demo Derby NEWBERRYTOWN , PA - ' On Saturday, September 20, the Susquehanna Speedway Park hosted the ...
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Graves, Alleman, Zeigler and Buckwalter Find the Way to Victory Lane at SSP on Saturday Night
' The final round of the Fab Four Series Racing and the track championships for the Late Models, Street Stocks and Xtreme Stocks at the Susquehanna Speedway Park for Saturday on September 13 found Carl Graves ...
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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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