Cascade Locks, 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
| Cascade Locks, Oregon News |
Cascade Locks, Damascus Voters Say: Ask Us B4 You Raise Our Taxes
With the passage of Measure 14-33, the City of Cascade Locks will now have to get voter permission for new taxes or fee increases.
|
Deputies seize drugs, stolen property
The Hood River County Sheriff's Office recently recovered stolen property and a cache of illegal drugs from a Cascade Locks home.
|
If you go
Portland, Ore., which is served by all the major airlines, is the nearest airport to the Columbia River Gorge.
|
Hood River DA anxious to try robbery suspect
Hood River County District Attorney John Sewell wants to get a case moving that involves a roadside robbery just east of Cascade Locks.
|
Cascade Locks accused of violating state election law
She contends the municipality unlawfully used resources and staff time to sway voters in the mid-October issue of the newsletter.
|
Pickup towing travel trailer rolls in construction zone
The single biggest factor in crashes is driver inattention, and that's why orange cones, variable message signs and other tools are used to alert motorists.
|
Editor's Mailbag
No on the Extension tax My home is on an 80-acre tree farm that I own in Linn County.
|
Portland man dies in fall in gorge
A Portland man died after falling off a precipice, and members of a North Portland family were injured in a small landslide in two incidents about a half-mile apart in the Columbia River Gorge on Friday, Oct.
|
5 hurt in Columbia Gorge rock slide
Five people, including three children, were hurt in a rock slide on a Columbia Gorge hiking trail Friday.
|
Hikers injured in rockslide at Horsetail Falls
Police and first responders are racing to Horsetail Falls in the Columbia River Gorge after a group of hikers were caught in a rockfall.
|
Police arrest two for car break-ins
A traffic stop resulted in the arrest of two men suspected of breaking into tourists' cars in the Columbia River Gorge.
|
Pacific Crest Trail: Cascade Locks to Eagle Creek
Your subscription includes the FREE CLASSIC TRAILS , a digital booklet that takes you through the 36 top hikes along the Appalachian, Pacific Crest, and Continental Divide Trails.
|
Cindy Mitchell named CL Judge
Judge Roberta 'Robbie' Lee handed over the Justice of the Peace robe on Tuesday to Cindy Mitchell, who has taken her seat on the bench.
|
'Wild Beauty,' the book by Terry Toedtemeier and John Laursen
The photography of Carleton Watkins looms large in "Wild Beauty" In 1867 Carleton Watkins took an Oregon Steam Navigation Company steamboat up the Columbia River and began photographing the Columbia River ...
|
Arrests made in string of Columbia gorge car break-ins
Two men suspected in several vehicle break-ins at trailheads throughout the Columbia River Gorge -- including the recent theft of a $4,000 wedding ring -- have been arrested, police announced Tuesday.
|
Casino draws fire at hearing
Too many cars and too few affordable housing options were the prevailing themes in Monday's hearing before Hood River City Council.
|
Steaming into Keizer
A piece of Oregon's history has come to Keizer. A paddlewheel from the Jean, the last original paddlewheel steamboat to operate regularly on the Willamette River, arrived on the back of a flat-bed semi truck on ...
|
Officials: Fire Threatens Structures Near Hood River
A wildfire is burning in trees, grass and brush on both sides of Interstate 84 near Hood River.
|
Great Weekend: Maryhill Museum And Multnomah Falls Hike
Boston cream pie for a birthday cake. Breakfast at Charburger in Cascade Locks .
|
The struggles of rural Oregon
It is rough out there: Family wage jobs are scarce, and often government seems to do more harm than good Saturday, August 23, 2008 We weren't too surprised this week to hear leaders of rural Oregon talking ...
|
|
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
|
|