Boardman, 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
| Boardman, Oregon News |
Pacific Ethanol, Inc. to Announce FY 2008 Third Quarter Results;...
Pacific Ethanol, Inc. today announced it will release its fiscal year 2008 third quarter results before market on Monday, November 10, 2008.
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Power line plan
The joint scoping meeting conducted by the Oregon Department of Energy and the United States Bureau of Land Management to solicit public comment on Idaho Power's proposed transmission line through southwest ...
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Carlton man charged in fatal crash
John Cole Carlgren of Carlton. Lodged in the Umatilla County Jail on four counts of manslaughter in the second degree and driving under the influence of intoxicants.
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For scientist, gorge lichens are canaries in the...
For Linda Geiser, lichens record levels of nitrogen and acid rain in the Columbia River Gorge.
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Eco Energy: Oregon power plant will breed algae to reduce carbon emissions
Eco Factor: A facility that produces power by burning coal in Oregon intends to turn the carbon emissions into bio-fuel with the help of algae.
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Algae could help PGE limit carbon emissions
Portland General Electric and Columbia Energy Partners are working together on a project that's doubly green, using algae to convert carbon oxide into clean oxygen.
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Emergency services
Kenneth Douglas Boardman, 21, of the 4900 block of Cherry Lane, Medford. Medford police Thursday arrested Boardman on charges of possession of methamphetamine, first-degree theft, a parole violation and failure ...
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Virus detected in Morrow County mosquitoes
Mosquitos in Irrigon have tested positive for West Nile virus, the first detected in Morrow County this year, officials reported today.
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CRIME: 2 men arrested in Oregon fire investigation
Two people have been arrested in the investigation of a grass fire after their vehicle became stuck on a dirt road near Boardman, the Morrow County Sheriff's Office reported.
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Proposal would cut pollution at PGE's coal-fired plant
The Oregon Department of Environmental Quality on Thursday issued a proposed emissions reduction program for Portland General Electric Co.
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Haunted Places: Ghost hunters to visit area libraries today
Northwest Paranormal Investigations may have the answer to unexplained noises or eerie bumps in the night.
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Olde Car Club
Car enthusiasts from across the valley head to Boardman today for the 30th annual Mahoning Valley Olde Car Club car show.
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Down syndrome walk in Boardman to raise funds, awareness
' Area residents are invited to grab a buddy and participate in the Down Syndrome Association of the Valley's fund-raising walk Aug.
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Hermison business to hold open house
Hermiston-based O So Kleen is having an open house from 4 to 7 p.m. Aug. 12 at 905 E. Diagonal.
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Help available for stimulus returns
Three area residents are available to help prepare economic stimulus package returns for free.
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Police chief discusses crime program
Hermiston Police Chief Dan Coulombe brought a crime prevention expert from Wisconsin to town in June to train police officers and residents.
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Walleye Circuit makes stop No. 2
The High Desert Marine Walleye Derby will take place Saturday and Sunday at the Boardman Marina.
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Traffic Fatal: Oregon motorcyclist dies in crash
An Irrigon man died when his motorcycle crashed into a flatbed pickup truck that had turned in front of him on Highway 730 near Boardman, Oregon State Police said.
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Oregon Highways Prove Deadly for Motorcyclists
An Irrigon, Oregon man died in a two vehicle crash on highway 730 near Boardman Friday afternoon.
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Man dies in motorcycle, truck collision
Police investigate the scene of a an accident involving a truck and a motorcycle on Highway 730 at its intersection with Interstate 84 near Boardman.
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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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