|
|
Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
|
|
|
Dairy, 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
| Dairy, Oregon News |
ODFW biologist to present Upper Klamath salmon plan
An Oregon Department of Fish and Wildlife biologist has drafted a proposal to reintroduce Chinook salmon to the Upper Klamath Lake and its tributaries. via KAJO-AM Grants Pass
|
PacifiCorp to limit Klamath turbines to help fish
PacifiCorp has agreed to shut down hydroelectric turbines at Upper Klamath Lake during the summer so they won't kill endangered fish. via Medford Mail Tribune
|
Salmon, plus deer and elk on the agenda
After a light agenda on Thursday, the Oregon Fish and Wildlife Commission will take on salmon and deer and elk ranching when it meets Friday in Salem. via Statesman Journal
|
Oregon community helps dog with broken front legs
The story of a dog whose front legs were broken by boys with a baseball bat near Klamath Falls may have a happy ending. via KGW-TV Portland
|
Making the connection
"It takes so long to get these projects through" Looking to the future, Medford is taking the lead in accelerating an extension of South Stage Road to North Phoenix Road that could start off as an overpass and turn into another Interstate 5 interchange. via Medford Mail Tribune
|
Klamath DA says cuts might lead to focus on Measure 11 cases
District Attorney Ed Caleb of Klamath County says budget cuts might force him to scale back the prosecution of smaller crimes to save money for the major ones, such as rape and murder. via KGW-TV Portland
|
Plan expands Oregon Caves, protects Rogue tributaries
"Unfortunately, that hasn't always been how they have been managed." More than 142 miles of tributaries would be protected by the Lower Rogue Wild and Scenic River designation under a proposal announced Monday by Oregon U.S. Reps. via Medford Mail Tribune
|
Curry Officials: Any Limit on Fishing Will Hurt Economy
"We also support proposals for a 10,000 limit Coho fishery for ocean recreational fishing and 'bubble' fisheries at the mouths of some rivers, such as the Chetco" Curry County fishermen and officials went to Coos Bay Monday night, most to say whatever limited fishing the Pacific Fishery Management Council allows will still be an economic disaster for coastal Oregon. via Curry Coastal Pilot
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
|
|
|
|
|
|
© 2006 Somerset Investors Corp. All rights reserved. |