Blue River, 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
| Blue River, Oregon News |
Can you see town's future?
FINN ROCK: People with forward looking minds are being invited to a planning session at McKenzie High School. The meeting, sponsored by the Blue River Community Development Committee (CDC) and the Community and Economic Development Program of Lane County, will focus on ways area residents see the future of the Blue River area. A number of discussion topics have been proposed. Part of the planning will deal with impacts to the natural environment. Some people have suggested taking a "green" approach to a sustainable community that has been promoted by the state of Oregon. Organizers are asking what a greener, more sustainable Blue River community should look like?
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Find out how to cut your own Christmas tree for $5
Christmas tree permits are, or soon will be, available at Willamette National Forest Ranger District offices in Detroit, Sweet Home, McKenzie Bridge, and Westfir, as well as several businesses.
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Crash victim dies from injuries
A Bend-area man died Saturday afternoon at a Eugene hospital from injuries sustained Friday night in a car crash near Blue River, Ore.
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Search resumes for lost Oregon math professor
BLUE RIVER, Ore. - A Lane County search team will make another, and probably final, attempt to find Damaing Xu, a University of Oregon math professor missing in the Three Sisters wilderness since failing to ...
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River Walk plans moving forward
BLUE RIVER: The McKenzie River Ranger District is asking for public input on the portion of Blue River's proposed River Walk project that occurs on Forest Service lands. The proposal would define and maintain existing user trails on National Forest lands between Hwy. 126, and Blue River Drive, parallel to River Avenue. The location is at T. 16 5., R. 4 E., or county tax lot 700. According to district Ranger Mary Allison, the project proposes a short segment (approximately 1,000') of trail construction, as well as the installation of park benches and interpretive signs on Forest Service lands. Other activities include the removal of noxious and invasive weeds in the area and restoration work where resource damage has previously occurred. All improvements proposed that are located off National Forest lands will be approved by the appropriate landowner.
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Delays expected on Aufderheide Drive
BLUE RIVER: People driving through the Willamette National may encounter traffic delays due to two projects occurring along the scenic Aufderheide Memorial Drive. On Monday through Friday, travelers along the southern portion of the road (from Westfir to the crest) should be aware that over the next three months road construction may cause delays in their travels. Roadwork is occurring on Forest Road 19 between roads #1926 and #1940. Crews are stabilizing the roadbed, installing new culverts, and paving several sections of road. The work began Monday August 11th, and will be completed by the end of October.
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Ninth McKenzie Home & Garden Tour
Once every two years, the McKenzie Home and Garden Tour offers area residents an opportunity to see some of the McKenzie River Valley's most interesting and unique properties. Join friends and neighbors on Saturday, July 19, 2008, from 10 a.m. until 5 p.m. for this self-guided tour. Featuring beautiful homes and gardens from Leaburg to McKenzie Bridge, this event benefits the McKenzie River Medical Clinic. Tickets are $15 (children under 12 free) and are available at Walterville Feed & Tackle, Vida Community Market, McKenzie River Clinic, Harbick's Country Store, Meyers General Store and Spirit Shop, Ironwood Nursery, Down to Earth, Gray's Garden Centers, Shamrock Flowers & Gifts, Little Red Farm Nursery, or on the website www.McKenzieHomeandGardenTour.com
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Saanichton company to start sealcoating in Blue River and Avola
It appears that nearly all the roads in Avola and Blue River will be sealcoated this summer.
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Fire destroys Blue River home
BLUE RIVER: A structure fire in Blue River last Tuesday drew a response from nine fire departments. According to Blue River Fire Chief Gene Flint, "Responding crews totaled about 40 people and were from the Blue River Fire Dept. - 1 engine, Upper McKenzie RFPD - 1 engine and tender, McKenzie Fire and Rescue - 3 engines and a tender, additional personnel from McKenzie Fire and Rescue, Lowell FD, Pleasant Hill FD, Dexter FD, Santa Clara FD, Goshen FD, and Coburg FD." The fire was reported by the neighbor Monty Wilson at about 11:30 a.m., when smoke was showing from the roof of the manufactured home at 51211 McKenzie Highway. The home, owned by Brandon and Cindy Rux, was a total loss although some personal items were saved, according to Flint.
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Homestead Campground considered for closure
BLUE RIVER: Homestead Campground could be decom-missioned soon. Severe winter storms downed a number of large trees and left several hazard trees in and around the site last winter. In addition, camping facilities were damaged and access through the recreation area was blocked. Since April of 2007, the campground on Aufderheide Memorial Drive was gated and closed due to the hazards. During the Willamette National Forest's review of developed recreation sites Homestead Campground had been placed on a list for possible permanent closure. The evaluators based their rankings on factors such as the amount of use, location, and costs to operate. They determined Homestead receives low use and is located near several other recreation sites offering similar recreation experiences. The Red Diamond, Frissell Crossing, French Pete, and Roaring River campgrounds (all within a few miles of Homestead on Forest Road 19) are seldom used to capacity. Two dispersed camping areas are also located nearby providing a similar setting along the South Fork McKenzie River.
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Willamette Rafting Trip Turns Fatal
By Amy Phillips May 22, 2008 Blue RIver, Ore. -- A man is missing, and presumed dead, after attempting to float the Willamette River from Eugene to Portland.
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The people in Obama's army of small donors
"Anybody that contributes, we immediately call them and ask them if they would like to be part of our organization" Kriss Riggs isn't one to spend her money on politicians. "Even the place you can donate a dollar on your taxes, I refuse to do it," says the 60-year-old photographer from Blue River, Ore. via SignOnSanDiego.com
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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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