Corbett, 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
| Corbett, Oregon News |
The throngs of local teen girls sure to flock to this weekenda s...
This set, part of the climactic prom scene filmed at the Inn, played center stage to a Twilight-themed event at the inn this week in honor of the movie's release.
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Twilight At The Viewpoint Inn
The movie Twilight debuts nationwide this week and Joe V is getting an inside look at one of the scenes.
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Gorgeous! Columbia River waterfalls top a list of sights to savor
ORTLAND, Ore. -- As Lewis and Clark followed the Columbia River on their quest to reach the Pacific, Lewis marveled at "several beautifull cascades" that fell from "stupendious rocks." Several was an ...
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VanOrman defeating Lindland in District 52
Democrat Suzanne VanOrman was still winning Thursday in her race against Republican challenger Matt Lindland to take House District 52, according to district-wide vote tallies reported Thursday by the Secretary ...
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Diesel fumes from vessels pour into Portland Harbor; amid health...
The Hyundai No. 202 prepares to leave Terminal 6 after a shove off from Shaver Transportation Co.
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Procedure: Work begins before court arguments
By RODGER NICHOLS of The Chronicle "Ladies and Gentlemen, the justices of the Supreme Court of the State of Oregon.
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Crews fighting brush fire near Corbett
Firefighters on Sunday were battling a roughly 10-acre brush fire in the Corbett area that prompted the evacuation of one home as a precaution.
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State park ranger helps police nab Columbia Gorge car clout suspects
Photo of Misty M. Ward courtesy of the Oregon State Police. Photo of Donald Allen West courtesy of the Multnomah County Sheriff's Office.
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Sheriffa s deputy assigned to patrol Corbett area
The new assignment for Multnomah County Sheriff's Deputy "Rocky" Joe Graziano takes him back to a place he knows pretty well.
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Hikers injured in rockslide at Horsetail Falls
Police and first responders are racing to Horsetail Falls in the Columbia River Gorge after a group of hikers were caught in a rockfall.
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Dems Seek Super-Majority In Oregon House
Soaring Democratic voter registration and retiring Republican office holders are boosting Democratic hopes that November will give them the needed five-seat gain in the Oregon House to raise taxes without ...
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Democrats hope to add numbers in Oregon House
Oregon Democrats are ecstatic over the possibility of widening their lead in the state House this fall, buoyed by soaring registration and retiring Republicans in the Portland suburbs.
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The up side of downtown
Troutdale Mayor Paul Thalhofer stands in Mayors Square on Monday, Sept. 8, in downtown Troutdale and discusses the future of the city.
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Corbett youth theater marks first decade
Jenny Layton, 16 , sings the role of Maureen and Elizabeth Johnson sings the roll of Ida while performing "The Joy of Motherhood" from the musical "Honk" during a rehearsal Tuesday, Aug.
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Local briefs for August 30
Sign up for Teddy Bear Parade Fans of Gresham's Teddy Bear parade - Saturday, Sept.
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Man Arrested In NW Portland Rape Case
Police said they arrested a man in connection with a burglary and rape in northwest Portland Thursday.
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Suspected rapist arrested in Corbett, Ore.
Police arrested a 47-year-old man suspected of raping a Prineville woman two days after he allegedly attacked a Portland woman.
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City manager responds to concerns expressed by local citizens
Gresham Police Chief Carla Piluso, a candidate for Multnomah County commissioner, will have to change her future campaign literature now that the city of Gresham has banned the use of city uniforms for non-work ...
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Rooms with a gorge view
Visitors come here to feast on views of the Columbia River Gorge. Worth savoring long after as well are the dishes being served at The View Point Inn, the 84-year-old icon that reopened a year ago after a ...
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Invasion: Garlic mustard raises a stink in the Tualatin basin
A little-known plant in Oregon is making its ascension as the new scourge in the kingdom of noxious weeds.
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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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