Youngsville, 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
| Youngsville, Pennsylvania News |
YEMS road
Come on Warren County School District, how about trying a little creative thinking? A recent article in the Times Observer reports that in response to traffic congestion at the YEMS campus, the school board is ...
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New roadway aimed at clearing YEMS .....
Traffic congestion problems have prompted the building and grounds services of the Warren County School District to consider building an exit road at Youngsville Middle/Elementary School.
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Judge sentences 4 to state prison
Four defendants received state prison sentences during Warren County sentencing court Friday morning.
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Grant will boost trail for Y'ville
Youngsville will soon have its own hike and bike trail thanks to a recent $103,600 grant awarded by the Community Conservation Partnership Program to the Revitalization of Youngsville.
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Computers For Everyone
A committee of the Warren County School Board got a peek at a multi-million-dollar initiative Monday that could ultimately put a laptop computer in the hands of every student in the district.
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Catherine Kane
Catherine Kane, 90, of 211 Frank Street, Warren, died Friday evening, November 21, 2008 at the Warren General Hospital after an illness since September, 2008.
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Harrietta Voty
Harrietta M. Voty, 82, of 9 Werner Dr., Russell, Pa., died peacefully, on Thursday, November 20, 2008, at her residence.
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Adding Force To The Drug Task Force
Whatcha gonna do? Whatcha gonna do when they come for you? If the Warren County Drug Task Force comes calling, giving up would probably be a really good choice.
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Ruth Baker
Ruth Ursula Baker, born May 15, 1930, wife, mother of three boys, and friend to the many who needed a friend, died November 12, 2008, at the age of 78 at the Rouse Home, Youngsville, from complications of ...
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Attend state horse show
The 49th Annual Pennsylvania State 4-H Horse Show was held Oct. 24-26 at the Farm Show Complex in Harrisburg.
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On The Record
Persons with information that can assist police may call local police agencies directly or, if confidentiality is desired, may call Crime Stoppers at 1-800-83-CRIME Tidioute Criminal mischief.
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Bald Eagle Back into the Wilds of Warren County
Pennsylvania Game Commission officials proudly released a rehabilitated bald eagle back into the wilds of State Game Land 143 in Warren County, under the watchful eye of many individuals responsible for the ...
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Church celebrates 100 years
The Youngsville Evangelical United Methodist Church will be commemorating its 100th Anniversary this weekend with two days full of events.
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On The Record
Persons with information that can assist police may call local police agencies directly or, if confidentiality is desired, may call Crime Stoppers at 1-800-83-CRIME Warren Parole violation.
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Cutting torches light up railroad yard
Robert Peate, owner of M&A Service of Youngsville, operates a magnetic crane to load scrap into a large metal bin.
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The IRS may have some money for you.....
The Internal Revenue Service may be looking for you, for a good reason. The IRS is looking for 7,442 people in Pennsylvania who are missing economic stimulus checks totaling nearly $4.3 million.
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Youngsville News
Jean Ann Brown has taken over the Youngsville Correspondent position. If you have an event you want cover or community information that you would like in the newspaper please contact me at ...
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On The Record
Persons with information that can assist police may call local police agencies directly or, if confidentiality is desired, may call Crime Stoppers at 1-800-83-CRIME Youngsville Harassment.
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Program to honor victims of violenc.....
Ninety-five victims of horrifying, hateful, unspeakable violence. Ninety-five victims from Pennsylvania alone.
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Foundation funds boost reading in e.....
The Community Foundation of Warren County recently invested in the education of local grade school children.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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