Clatskanie, 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
| Clatskanie, Oregon News |
Voters OK Mayo measure
General contractor Wayne Mayo of Scappoose wrote two anti-illegal immigrant ballot measures.
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Hate crime arrest outside Longview casino
Police are investigating a reported assault outside a Longview casino as a hate crime.
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A blight on your town?
The waterfront district in historic Olde Towne St. Helens is one of the areas city councilors are considering for an urban renewal district.
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World Zombie Day leaves bloody trail
Evil clowns were among the hundreds of zombies that marched through downtown Portland during World Zombie Day.
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Zombies strike the heart of Portland -- while raising money
Jerusha Costello, wearing long black gloves, and Christy Yeoumans, dressed as a bride, perform the dance from "Thriller" next to hundreds of other zombies in Pioneer Courthouse Square in downtown Portland.
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Snow, wind, rain, who knows what Oregon winter will bring?
Last winter in Oregon was one for the record books. It started in December with the worst coastal storm the region has seen in a dozen years, which brought 70-foot ocean waves, wind gusts in excess of 130 miles ...
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Candidates play nice at high school forum
Scappoose School Board member Sarah Havlik and volunteer Karen Kessi talk to voters about the school bond at the Oct.
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Workers' comp rule needs Rx
Doctors' fees - After a House hearing, it's clear the state will have to fix a contentious dispute about provider payments Monday, September 22, 2008 ANNE SAKER The Oregonian Staff SALEM -- By the end of the ...
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Merkley stumps in Scappoose, St. Helens
Speaker Jeff Merkley and Rep. Brad Witt visit with Scappoose Farmers Market manager, Bill Blank of Scappoose.
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The real heat of summer
I got a late start on summer because I did not make my annual batch of barbecue sauce until this week.
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Public will get to speak on disputed workers' comp rule
Rising unhappiness over a change in a workers' compensation rule that governs how much doctors are paid for treating injured workers has prompted state officials to schedule not one but two public hearings on ...
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Geologists team up with the Civil Air Patrol to study unstable slopes
State geologists teamed with the Civil Air Patrol over the weekend on reconnaissance flights around Mount Hood, a dual mission to study landslides on the volcano's unstable slopes and train for possible future ...
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Construction Delayed at Beaver Boat Launch
AN EXCAVATOR WAS TRAPPED IN MUD at the Beaver Boat Launch in Clatskanie during the construction of the boat launch improvements on Tuesday, Aug. 12. With the tide out, crew members of the RC Landworks, Inc. of Damascas, were digging in a mud hole when the excavator suddenly started to sink. As the tide came in, the piece of machinery became stuck in the mud. A replacement excavator was coming from Portland and a tow truck was scheduled to pull out the damaged excavator at low tide around 7 p.m. Tuesday.
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Meeting with Other Property Owners Promised...Downtown Property...
About a dozen downtown Clatskanie property owners, plus several other interested persons met Monday evening, Aug. 4, with Louise Solliday, director of the Oregon Department of State Lands (DSL); State Senator Betsy Johnson, State Representative Brad Witt, and Columbia County Commission Chair Tony Hyde. Discussion at the meeting was on the topic of the DSL's demands that the owners of six downtown properties - plus the city of Clatskanie - pay leases on property that is part of the Isaac Waggoner and E.S. Bryant Donation Land Claims (DLC).
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They're called CSAs, and they support local farms
Jim Works of Many Friends Farm displays the farm's produce at the Scappoose Farmers Market.
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What's ahead
Wednesday Seeing the shore Explore the Shore will visit the tideflats near Charleston from 10 a.m. to noon Wednesday.
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Last weekend of Steam-Up rolling 'round the bend
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Wildfires close down Highway 30
A wildfire closed down Highway 30 Monday. Fires Monday along Highway 30 near the small community of Goble were started by sparks from a flatbed truck driving on a rear wheel rim after a blow-out. The truck ...
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Fire Closes Highway
A fire over an approximate one mile stretch of Highway 30 about seven miles west of St.
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Fire Closes Highway
A fire over an approximate one mile stretch of Highway 30 about seven miles west of St.
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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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"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
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