Brothers, 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
| Brothers, Oregon News |
Great Pumpkin Chuck Goes Off With a Bang
Stanbery Park's Third Annual Pumpkin Chuck went off with a bang Saturday, with hundreds of pumpkins meeting their demise the day after Halloween.
|
Rock the Vote, Jailbait Style: Kids under 18 want a change, monster UGB, and "W"
Anyone remember tearing through the latest Scholastic News during grade school? Or maybe being forced to read it by a merciless second-grade teacher with frizzy hair? Either way, every four years, this youthful ...
|
Cutting junipers can bring back water supply
When John and Lynne Breese moved back to his family's ranch outside of Prineville in the late 1980s, they heard stories of old springs on the property that had all dried up.
|
Band of Brothers to Unveil Display
The Bend Band of Brothers, a 53-member veterans group will unveil a new display honoring "Oregon Most Honorable"- the 109 veterans who have been killed during the wars in Iraq and Afghanistan.
|
Pals of Palin; Central Oregon's smallest precinct is rural and conservative
Editor's Note: This is the first in a series of profiles of voter precincts throughout Central Oregon.
|
Star Struck: Dream cones true for MW girl as she meets the Jonas Brothers
Shepherdsville looking for partners for $1 million park expansion plan The announcement that the city was moving forward with the next phase of its First Street park came as no surprise.
|
Of Beers and Brotherhood: Beating the heat at Bend's annual beer bash
Cold beer and cool toes. Hot! It wasn't just hot at the Fifth Annual Bend Brew Fest last Friday and Saturday, it was Discovery Channel Serengeti hot.
|
21 at last
The Oregon Brewers Festival is the largest outdoor beer festival on the continent -- a sprawling, family-friendly behemoth that draws brewers and beer tourists from around the world, pumps millions into ...
|
Voyage to the East
The town of Brothers, Oregon. Population... six or seven? not sure. I only met two, and they were sisters -- the owners of this place.
|
Man badly injured when run over by ATV
' A man riding a mini bike was badly injured and flown by helicopter to the hospital after he was run over and trapped under the ATV his eight-year-old son was riding south of Brothers, Oregon on Sunday ...
|
Man Injured In ATV Collision With Mini-bike
A 36-year-old Brothers man was injured late Sunday afternoon in a collision between an ATV and a dirt bike.
|
- Looking for creative solutions' now that gas is at $4 and rising
"'Looking for creative solutions' now that gas is at $4 and rising" more photos order photo Bend-La Pine Schools bus driver Don Hamblin lifts the nozzle and hose over his head Thursday to rewind it around the ...
|
Elderly rancher killed in tragic tractor accident
' A 78-year old rancher from Brothers, Oregon, was killed Friday afternoon when he became pinned between his tractor and an attachment he was attempting to hook up, deputies reported.
|
in the Mix
Farmers market offers great opportunities for grazing If you haven't ventured over to the Saturday Portland Farmers Market since it reopened last month, this weekend offers the perfect excuse.
|
Vote 2008 Coverage Tuesday
A bend teen was arrested for robbing the Pretty Pussycat novelty store in Bend earlier this month. via KOHD
|
CODE Bust Seizes Thousands of Dollars in Drugs
Two men arrested, and thousands of dollars worth of drugs seized. Central Oregon Drug Enforcement Team, Prineville Police Department, Crook County Sheriff's Department, and Prineville Drug Team Canine "Bo" ... via KOHD
|
Driving tourism to Central Oregon
Responding to the economic downturn, Central Oregon's tourism officials plan to refocus their marketing efforts toward an audience that can reach the region by car. via Bend Bulletin
|
Counties prepare for loss of timber payments
"As we look at other counties who have already experienced this on the west side, Curry County, Josephine County, Coos County, they've already faced that, and it's not somewhere that we're willing to go in Klamath County" With the loss of federal timber payments, counties across Southern Oregon could be seeing a decrease in their law enforcement numbers. via KDRV
|
Volume 12 Issue 16
Not So Neighborly: ADA flap renews simmering civic sibling rivalry It's no secret that its neighbor to the south overshadows Central Oregon's second largest city. via The Source Weekly
|
Senior substitute teacher still in classroom after 59 years
"I ran film strips and bluffed my way through it, basically." In Ray Swee's first year as a teacher, his students listened to the music of Bing Crosby and watched Abbott and Costello films. via The Ashland Daily Tidings
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"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
|
|