Chiloquin, 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
| Chiloquin, Oregon News |
Janitor Finds School Bomb Threat
The Klamath Sheriff's office is looking for the person or persons responsible for making a bomb threat at Chiloquin high school.
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Cable show films 100-ton snow plow's move from Chiloquin
KLAMATH FALLS - The Discovery Channel has documented the removal of a 100-ton Southern Pacific rotary snow plow.
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Cable company collects fees,...
The city of Glendale is suspicious of the private cable company that serves its area.
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Ore. woman says ex held her captive 3 days
Officers say a Klamath Falls woman told them her former boyfriend smoked methamphetamine for three days while holding her captive at a home in Chiloquin, repeatedly kicking and hitting her.
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Fatal Wreck Shuts Down Highway 97 South of Chiloquin
Oregon State Police report that Highway 97 near milepost 230 south of Chiloquin was blocked in both directions for an unknown period due to a fatal wreck.
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Civil War re-enactors give students a blast from the past as they muster forces for today's skirmish.
Clad in gray wool uniforms, the men of Hardaway's Alabama Battery sat, singing, next to a massive wrought iron ordnance rifle, a cannon that can propel a shell a mile across the valley.
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Ore. town may get first bank since 1980s
The Klamath County town of Chiloquin may be getting it first bank since the last one closed in the 1980s, a development that civic leaders say may be pivotal to the town's future.
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Biomass Site Proposed
The Klamath Tribes say a proposed biomass energy plant would cost about $8 million to $12 million to build.
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Klamaths eye French Prarie
A Southern Oregon tribe and a landowner in the rich Willamette Valley farm region called French Prairie are talking about a deal that could make a large tract part of tribal territory - but both sides insist a ...
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The Wilsonville Non-Casino
All of Oregon's tribes have a casino. For the Klamath Tribes , it's the Kla-Mo-Ya Casino , which is 22 miles north of Klamath Falls.
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Is there a big casino in French Prairie's future?
A megacasino just south of the Willamette River on Oregon's historic French Prairie is either in the works or completely off the table, depending on who is doing the talking.
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Vehicle rolls, kills driver
A California man died and his wife was seriously injured Thursday afternoon in a single vehicle rollover crash on Highway 97 near Chiloquin, according to Oregon State Police.
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Crash on U.S. 97 near Chiloquin kills California man
Edward J. Miller, 76, of Bass Lake, Calif., died about 2:45 p.m. today when his sport utility vehicle slid and rolled on U.S. 97 near Chiloquin, the Oregon State Police reported.
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America's hired help in Iraq
The U.S. military's presence in the theater is matched by an army of private contractors Thursday, August 14, 2008 A report published this week by the Congressional Budget Office spells out just how much the ...
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Lake County Public Use Restrictions
" Effective Friday, August 1, Public Use Restrictions will be implemented on lands managed by the Lakeview District Bureau of Land Management and the Bly, Lakeview, Paisley and Silver Lake Ranger Districts on ...
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Oregon teen arrested here for desertion
A weekend traffic stop in Bossier City resulted in the arrest of an Oregon teen on Army desertion charges.
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Oregon teen arrested here for desertion
A weekend traffic stop in Bossier City resulted in the arrest of an Oregon teen on Army desertion charges.
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Oregon teen arrested here for desertion
A weekend traffic stop in Bossier City resulted in the arrest of an Oregon teen on Army desertion charges.
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Oregon teen arrested here for desertion
A weekend traffic stop in Bossier City resulted in the arrest of an Oregon teen on Army desertion charges.
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Oregon teen arrested here for desertion
A weekend traffic stop in Bossier City resulted in the arrest of an Oregon teen on Army desertion charges.
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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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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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