Coquille, 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
| Coquille, Oregon News |
State-rail squabble may slow some Ore. drivers
The tussle between the state of Oregon and a railroad company over a Coast Range line could be on the minds of Douglas County drivers down the road - while their cars are idling at rail crossings.
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List of Coos County Sex Offenders police say are "out of compliance"
Seven registered sex offenders were located and cited for Failure to Register as a Sex Offender, 17 others are now being sought for being out of compliance.
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Sharing the old ways
Kelly LaChance presents a program for Cobb Street and home-schooled students in collaboration with a traveling exhibit titled, 'Oregon is Indian Country' at the Douglas County Library.
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Coquille change on board's agenda
If you fish or boat the South Fork Coquille River, you might want to attend one of these two meetings or make your feelings known about a proposed rule change.
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Freeman, Hanna, Krieger, Kruse win statehouse races
Oegon State Representative elect Tim Freeman looks over election numbers with his wife Angelia, daughter Ashley, 16, son Kenny, 12, and his campaign manager Mel Cheney, left, during election night on Tuesday ...
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G-P lays off nearly 1/3 of workforce at Coos Bay mill
Georgia-Pacific says it laid off almost a third of its workforce at its Coos Bay mill last week.
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Farmers worry cattle at risk from river gauges
Farmer in low-lying sections near the Coquille River are worried their cattle could be at risk from flooding this winter because electronic river gauges aren't working correctly.
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The police report is compiled daily from the public record log of the Bandon Police Department and Sheriff's Office.
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Police arrest Bandon man in stabbing incident
Bandon police arrested a 28-year-old man Thursday after a fight on U.S. Highway 101 that sent a Bandon man to the hospital with a stab wound to his shoulder.
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Life experience
Students and faculty at Southern Oregon University say a new academic plan focusing on hands-on research and internships will help open doors for jobs and graduate schools.
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Candidates forum packs the house
The League of Women Voters held its Candidate Forum last Tuesday to a standing room only crowd at Gold Beach City Hall.
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Goche Challenges Krieger for State Job
Richard Goche, a Coquille commercial fisherman, is the Democratic candidate for State House of Representative District 1 in the Nov.
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Kruse faces Democratic challenge
Coquille resident Eldon Rollins, left, faces incumbent Sen. Jeff Kruse in the District 1 race for the Oregon Senate.
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A Fair to remember in Coquille
Health Fair's are not just a great way to spread the word about what is available in your area, but, for many, it may also be the only time they get their health checked.
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Coquille School District assures buses are safe, after fight leads to arrest
After a fight on a school bus leads to the arrest of a Coquille High School student last week, the school district looks at what they could have done differently and assures parents their kids are safe.
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The police report is compiled daily from the public record log of the Bandon Police Department.
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Sawdust Theater hold special performance to close the season
Kicking up their heels one last time before closing till next season, the Sawdust Theater in Coquille opens for one night only on Saturday for the Sawdust Jazz Revue.
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Coquille fisherman challenge...
Four-term Rep. Wayne Krieger faces a challenge from Coquille fisherman Rick Goche for the District 1 seat in the Oregon House of Representatives.
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The Coquille community meets new Chief of Police
New Chief of Police, new vision for the City of Coquille. That was the theme of Monday night's first public meet and greet with Chief Mark Dannels.
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Coquille Fire Department celebrates centennial
A huge milestone for the Coquille Fire Department this week, celebrating 100 years of service.
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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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