Cave Junction, 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
| Cave Junction, Oregon News |
CJ Council to Hold Public Hearings, Discuss Kerby Water District
The Cave Junction City Council is scheduled to meet at seven o'clock Monday night.
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Number of Southern Oregonians in need rises
The number of Southern Oregon residents seeking help from the state to make ends meet jumped in October.
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Gunky air still sitting in valley; burning limited
The stagnant, polluted air that crept into the Rogue Valley late last week isn't going away just yet.
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Chateau group leads event
In celebration of the recently completed tourist season, Oregon Caves Outfitters is hosting a reception of work by nine artists who are represented at the Oregon Caves Chateau gift shop.
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All for fun & fun for all
The cast from Madagascar is back for more fun in "Madagascar 2: Escape to Africa" November 15, 2008 MOVIE: Madagascar 2 Alex, the lion, returns home to Africa and meets his parents in this humorous follow-up to ...
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Co-Pilot of Crashed Carson Helicopter Faces Long Recovery
A survivor of the helicopter crash that killed nine firefighters last August still faces months of recovery.
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Helicopter survivor recovering
Bill Coultas said the nurses pleaded with his doctor to give them a few more days to scrape on his burned skin, hoping it would regenerate and spare him disfiguring grafts to his face.
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Police Seek Info on Home Invasion Suspect
The residents of a home on Westside Road in Cave Junction returned home at about 9:30 p.m. Wednesday night to find an unknown person hiding in a closet.
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Fifth CJ Assault Suspect Arrested
A fifth suspect has been arrested for the May 26 assault that occurred at Art's Red Garter Saloon in Cave Junction.
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S. Oregon timber industry hit hard by economic slump
By Andrea Pettes A October 29, 2008 A NEAR CAVE JUNCTION, Ore. -- The economic crisis has pushed the timber industry into all time lows, and timber experts say the downturn has been worse for the industry than ...
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Church Welcomes New Pastor
Members and friends of the Christian Family Fellowship Church will be celebrating Sunday, Oct.
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Speak Up and Sing Out! and Chocolate Sunday Event Sunday in CJ
On Sunday, the Illinois Valley Safe House Alliance will present Speak Up and Sing Out! and Chocolate Sunday.
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Realm of the Snake Monster
Local historians propose new name for larger Squaw Lake in the Applegate in push to cut 'squaw' from place names Loading... The larger of the two Squaw Lakes may be renamed 'Snake Monster Lake' under a proposal ...
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North Valley, Hidden Valley wins again
Two Trevor Woodruff field goals were the difference as 8th ranked North Valley defeated Henley Friday night.
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Fire district measures popular on November ballot
Practically all voters in Josephine County will be voting on fire district measures on the November ballot.
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SF Gate: Multimedia
Canola oil powers gasless race winners to Vegas Jack McCornack and Sharon Westcott, of Cave Junction, Ore., back their canola oil-powered Lotus Seven roadster on Saturday, October 11, 2008 into the yard at ...
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Indictments Filed in CJ Assault Case
On September 29, the Josephine County Sheriff's Office concluded a lengthy investigation of the May 26 incident that occurred at Art's Red Garter Saloon in Cave Junction.
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Mustangs crush Henley in Skyline tilt
Hidden Valley used a bruising ground attack and some opportune passing as the formula to a key Skyline Conference football victory Friday.
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Cave Junction art walk Friday features glass artist
Dave Kendall uses hot glass blowing techniques to make each of his colorful vases unique.
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Commissioner Candidates to Appear at CJ Forum Tonight
Josephine County Commissioner candidates Sandi Cassanelli, Dwight Ellis, Harry Mackin and Jack Brown are all scheduled to participate in a forum from 7 to 8:30 tonight in the Josephine County Building, located ...
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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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