Blodgett, 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.
Return to divorce buyout in the state of OR
| Blodgett, Oregon News |
(School) night at the museum
Andy Cripe/Gazette-Times Philomath Middle School teacher Mark Dorr shows his students an erector set on display at the museum, explaining that the toy was invented by Oregonian A.C. Gilbert in 1911.
|
Spotlight: Beauty and the Beast
The "Beauty and the Beast" spaghetti dinner Saturday met and surpassed the fundraising goal to raise enough money to purchase a spotlight.
|
Rural residents tackle an ugly kind of 'falla
There is a change in the air out in the Coast Range. Vine maples are sporting their autumn colors, and their leaves are starting to blow across the highways.
|
Thespian Group Breathes New Life Into Old Theater
The almost 100 thespians and their supporters are counting down the days to the opening performance of Disney's "Beauty and the Beast" scheduled for 7:30 p.m. Friday, Nov.
|
Pumpkin Contest Now Open to All Ages
October is the month of pumpkins, ghosts, goblins and goodies! Children's activities Dori Blodgett, children's librarian, announces the following schedule for children's programs.
|
Truck Driver Arrested, Was On Meth in Fatal Summit Accident
Join us for a special hour newscast from 5 - 6pm, followed by the presidential debate at 6pm.
|
At Our Best
Group names new officers, members Kappa Chapter of The Delta Kappa Gamma Society International, an organization of women educators, recently installed officers for the 2008-10 biennium.
|
Column: 4-H group celebrating fair awards
As school starts up again, the dog days of summer are rapidly fading from memory.
|
Taste Interview: Build Your Own Earth Oven
At last night's preview of Slow Food Nation's Taste event, a scent of smoke wafted through the outdoor Hall of Bread.
|
At Our Best
Each week ''At Our Best'' highlights the achievements of those in our community.
|
At Our Best
At Our Best College graduates University of Oregon, Eugene - Corvallis residents Robin Leslie Albrecht, B.A. sociology; Joshua James Barr, B.A. business administration and Spanish, certificate in global ...
|
Festival of the Arts Today
Grants Pass artisans Jerry and Shirley Huft set up their handmade, functional pottery in their booth Friday in preparation for the weekend festival.
|
Greet new mail carrier; see splendid quilt
Columnist There's a new face in the neighborhood! He's been around since April 1, and he is a very important person in the lives of all who live along the Blodgett-Summit Highway in Summit, Nashville or ...
|
Student artists create mural
Two mid-valley schools gain personalized art Two Benton County schools have gained personalized murals, thanks to a dedicated art teacher, a team of student artists and financial support from several local ...
|
Action-Packed Melodrama Opens Friday in Harbor
Click this picture to view a larger image. Marion Moneylender is protected by Iram B. Goodfellow when he and Smedley Chetum duke it out. via Curry Coastal Pilot
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|