Colton, 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
| Colton, Oregon News |
Wordstock bucks the downtrend
Steve Perry, co-author of "Star Wars: Death Star," signs his books after his reading, supported by Cloud City Garrison members, Portland/Vancouver chapter of the 501st Vaders Fist.
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10/24 Dayton wrestling spaghetti feed
24, in the high school commons, prior to the Homecoming game between Dayton and Colton.
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Colton man, 18, admits role in fatal shooting
The second of three suspects accused of murdering a Mulino man pleaded guilty today.
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Program pairs classroom wish list with donors
Most of the back-to-school shopping is done for students in their first week back from summer vacation.
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Seventh-graders in Colton start school earlier
Today, seventh-graders of the Colton Joint Unified School District will attend their first day of middle school.
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Back to School: PTA dads grow in number
Two years ago, David Phillips joined the Colton Elementary School PTA to get more involved in his daughter's education.
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Oregon Junior Bull Riders tour hits Sublimity
The 2008 Santiam Stampede started July 26 with a visit by the Oregon Junior Bull Riders tour.
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High school students donate blood in record numbers
High school students in Oregon and Southwest Washington donated blood in record numbers last school year, enabling the American Red Cross to hit its donation goals for the first time in more than five years.
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Cloth diaper delivery service starts in Clackamas County
Divine Petite has expanded its online retail business to offer a cloth diaper delivery and pickup service serving Molalla, Canby, Oregon City, Colton, Mulino and Beavercreek.
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Cloth diaper delivery service starts in Clackamas County
Divine Petite has expanded its online retail business to offer a cloth diaper delivery and pickup service serving Molalla, Canby, Oregon City, Colton, Mulino and Beavercreek.
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Police Have Lead In Colton Hit-And-Run Case
Evidence at the scene of a deadly hit-and-run near Colton has generated a lead on the vehicle involved, state police said Thursday.
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Vehicle in hit-run death narrowed to Ford pickup or Bronco
Investigators have determined that the vehicle involved in the hit-and-run death of a Molalla man last month was a 1992 to 1996 Ford F-series pickup or Bronco of unknown color.
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Appliance installers help save Colton house from fire
An appliance installer was treated for smoke inhalation today after he and two crew members successfully fought a house fire caused by faulty wiring.
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3 plead not guilty in Oregon shooting death
Two young men and a teenage girl have been charged with murder in the shooting death of a 19-year-old Mulino man.
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The thieves escaped, but police hope to catch them based on the clues they let slip
A 23 year old man in the Colton area woke up Tuesday, to find robbers in his house.
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Deputies seek Clackamas home invasion suspects
This is a press release courtesy of the Clackamas County Sheriff's Office On Tuesday, June 03, 2008, at approximately 2:00 a.m., Victor Ryan Proffitt, 23-years of age, who resides in Colton, was robbed at ...
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Disabled Colton man robbed at gunpoint
A disabled man was robbed at gunpoint Tuesday after three masked men forced their way into his home.
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Molalla man killed along Highway 211
A Molalla man was killed Friday in what appears to have been a hit-and-run accident on Highway 211, south of Colton, police said.
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Artist's fresh new take on recycling wins contest
"It was fun to see people's reaction to my artwork." FORUMS MULTIMEDIA VIDEO Artist's fresh new take on recycling wins contest Metro - Seventh-grader Kate Kobielsky's Earth Day billboard takes first place for her grade level KRISTINE THOMAS COLTON -- ... via The Oregonian
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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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