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Amity, OR Divorce Buyout in Oregon

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 Oregon, 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.

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Amity, Oregon News
150 years of heritage in Hopewell

The Rev. Gordon McCann of the Hopewell Evangelical Church stands in the main chapel, in a portion of the church dedicated in 1915.


Authorities search for possible plane crash near Amity

Yamhill and Polk County sheriff's deputies are searching for a plane that may have crashed near Amity earlier today, authorities said.


Voters asked to OK bonds in Amity, Willamina and Yamhill-Carlton

Three major bond issues dominate the election menu in rural Yamhill County. The Willamina School District is trying to pass an $8.5 million bond issue following three defeats at higher figures.


State meets take place Saturday in Eugene

The state cross country meets take place Saturday at Eugene's Lane Community College.


10/25 Local fish, game and wine at Coelho Winery

Amity, 97101 Phone: 503-835-9305 Contact name: Coelho Winery Local fish and game will be paired with Coelho Wine from 11 a.m. to 5 p.m. Saturday, Oct.


10/16 Water workshop

Amity, Phone: 503-474-1047 Water workshop: A workshop on caring for wells and septic systems will be held from 7 to 10 p.m. Thursday, Oct.


Amity man critically hurt in wreck

An Amity man was injured Friday afternoon in a two-vehicle crash in Polk County at the intersection of Highway 22 and Perrydale Road.


pinot noir

Approximately 1-2 tons. Located near Amity, OR in the Willamette Valley. $2500 per ton but may consider offers.


Four injured in crash by Dallas

Four people were injured in this crash north of Dallas Friday afternoon. A 92-year-old man was critically injured Friday when he attempted to drive across Highway 22 north of Dallas and was struck by an ...


We're Going Wine Tasting: Dobbes Family Estate

Dobbes Family Estate is in Dundee, about 50 miles from downtown Salem. It features three varietals grown in the Willamette Valley, and viognier and syrah from the Rogue Valley.


Home raid nets 121 pot plants

Pickups are loaded with marijuana plants, growing equipment and other drug paraphernalia seized in the raid of a large-scale growing operation at 431 N.W. 21st St., McMinnville.


Chocolate, red wine star at Amity's Coelho Winery

Some of life's best things will be combined at Coelho Winery's "Pinot, Ports and Chocolate" event.


Barn and brush fire goes five alarms

The shell of a boat is all that remains after it was destroyed along with a barn Monday afternoon northwest of Yamhill on Turner Creek Road.


A store's story

The Nash family came to the Hopewell area in 1888 and founded the little settlement of that name.


Cozine Creek is declared unsafe

Nate Brown pats down the dirt around one of eight new signs along Cozine Creek that warn of stream pollution.


Church takes an untraditional approach

Dwayne Hilty is the classic caffeine addict. He talks fast, thinks faster and never seems to run out of energy.


Taking stock of Trade

Members of the Cosmotinis biking club take a break at Ashes Cafe on Trade Street in Amity.


Cows graze as the barn filled with organic hay behind them burns. Chrissy Ragulsky NewsRegister.com

Firefighters were on the scene until about 5:30 this morning, following a two-alarm fire Monday afternoon east of Amity that destroyed a barn containing about 150 tons of organic hay.


09/06 Epicurean dinner Coelho Winery

Amity, 97101 Phone: 503-835-9305 Epicurean dinner: A meal with appetizers, salad, and a main dish of cornish game hen with side dishes and dessert is planned for 6:30 p.m. Saturday, Sept.


Editorial: Willamina, Y-C and Amity vote on school, fire facilities

This fall, voters in Willamina will go to the polls a fourth time to weigh in on a 20-year, $8.5 million school bond measure, while Yamhill-Carlton will seek a 20-year, $21 million bond for their next round of ...


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