Zelienople, 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
| Zelienople, Pennsylvania News |
eBay Lady Turns Old Items Into Cash
Nov 25, 2008 9:24 pm US/Eastern Reporting Kristine Sorensen EDGEWORTH BORO With the holidays coming and the economy in a recession, almost everyone could use a little extra money in their pockets.
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Robert Warren Barnes
Robert Warren Barnes, 65, of Cloverdale, Indiana, formerly of the Ellwood City area, died Monday, November 17, 2008, at his home.
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Boil Water Advisory Issued In Zelienople
A boil water advisory is in effect for some residents in Zelienople, Butler County.
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Man Demands OxyContin During Zelienople Pharmacy Robbery
Police in Butler County are searching for a man who robbed a Walgreens Pharmacy at knife point and made off with $850 worth of prescription drugs.
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Robber hits Zelienople Walgreens
Zelienople police are searching for a man who robbed a Walgreens pharmacist at knifepoint and left the store with prescription medication worth $850. He was wearing a black ski mask when he entered the Main ...
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One era ends, another begins for landmark store
Betty Sabo, manager of Baldinger's Market, stands at the store's old-fashioned cash register in Baldinger's new location in Zelienople.
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Related Story
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St. Peter's in Zelienople marks 150th birthday
When Darla and Harold Herr's entire extended family goes to church, they number 17.
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Turnpike plaza closing
The Pennsylvania Turnpike Commission will permanently close the turnpike's Zelienople Service Plaza in New Sewickley Township on Saturday.
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Pa. Turnpike Commission To Close Zelienople Service Plaza
The Pennsylvania Turnpike Commission is advising drivers that the Zelienople service plaza will be closing permanently at midnight on Saturday.
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Deer mating season can be hazardous to drivers
A pair of white tail deer nuzzle each other in the woods outside Zelienople last year.
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Repairman saves old speakers from landfill fate
Other men's wives are Steve Hostetter's best friends. The 53-year-old former seminarian explains: "Most women, they make their husbands get rid of all their stuff.
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Fleming family tradition
Will Fleming, a 10th-grader at Seneca Valley High School, is playing Jesus in the Calvin Presbyterian Church production of "Godspell." Fleming was confident when he went to the auditions because he knew what he ...
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Does It Really Do That: Peticure & Pedipaws
Oct 30, 2008 9:13 pm US/Eastern Reporting Yvonne Zanos PITTSBURGH Petcure and Pedipaws claim to do away with bleeding pet claws.
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Beaver County Marriage Licenses
The following marriage licenses were granted recently in Beaver County Court: Paul D. Suchy of Aliquippa and Gina R. Kulish of Sewickley.
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Shaler businessman was fascinated by airplanes
Businessman Howard Nesbit's enthusiasm over building and flying radio-controlled airplanes began when he was a boy in Sharpsburg.
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Town topics - Oct. 8
NORTH SEWICKLEY twp. First-place band The Riverside Marching Band took first place in all categories for Group 1 at the Steel Valley Band Competition on Saturday.
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Notebook: State seeks additional Erie access
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Conservancy dedicating five canoe-launch sites
On a straight-line measure, about 9 miles separate Zelienople from Ellwood City.
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County Health Dept. Lists Deer Processors on Web Site
The Allegheny County Health Department has compiled a list of inspected and permitted facilities that offer deer processing services for hunters.
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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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