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Dayton, 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.

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Dayton, Oregon News
150 years of heritage in Hopewell

The Rev. Gordon McCann of the Hopewell Evangelical Church stands in the main chapel, in a portion of the church dedicated in 1915.


Kimara "Kim" Moser

Services for Kimara "Kim" Moser of McMinnville will be held at 5 p.m. Monday, Nov.


11/07 [R] Salud! pinot noir auction fundraiser

7, followed by a Big Board Auction of four individual cases from each winery at Domain Drouhin, 6750 Breyman Orchards Road, Dayton.


Stopping By: Desserts will help raise party funds

Chefs Brian Potts, left, student Cody Price and Joel Palmer House owner Chris Czarnecki, right, work in the restaurant's kitchen as they prepare for the SAFE fundraising auction.


11/01 Dayton Oddfellows Cemetery Association meeting

1, in the cemetery at the corner of Wallace Road and Thompson Lane, Dayton. For more information or to donate, call Vicki Sturgis at 503-864-3834, Ken Gould at 503-864-3685 or write the association at P.O. Box ...


Wine, dinner for a good cause

Pinot noir enthusiasts will have the opportunity to taste Oregon's top wines at this year's " Salud!: The Oregon Pinot Noir Auction" event from 3 to 6:30 p.m. Nov.


Life Flight dispatched to Dayton crash

A Life Flight helicopter was dispatched at about 2:45 p.m. Monday to a single-vehicle rollover crash southwest of Dayton on Lafayette Highway between Palmer Creek and Stockhoff roads.


10/26 Winery Halloween at Sokol Blosser

26, at Sokol Blosser Winery, 500 N.E. Sokol Blosser Lane, Dayton. Pumpkin carving, a costume contest and Halloween music are planned.


Fall fun

After being lost in Farmer John's corn maze for close to an hour, young Dakota Radcliffe takes charge by proclaiming to her cousin Lexton Catt and the rest of the family that they should turn right.


10/24 Dayton wrestling spaghetti feed

24, in the high school commons, prior to the Homecoming game between Dayton and Colton.


Pumpkin cannons fire fun at Heiser Farms

For Carol Mitchell, spending a Sunday at Heiser's Pumpkin Patch in Dayton was all about good weather and pie.


Let's Go Wine Tasting: Seufert Winery

Owner and winemaker Jim Seufert buys grapes from several premium growers in the northern Willamette Valley.


Oregon's Willamette Valley: the place for pinot

Blame the volcanoes of the Northwest that sent so much lava roaring through this valley about 16 million years ago and set the stage.


Oregon's Willamette Valley could be the next Napa

Lynn Van Horn pours samples at the Carlton Winemakers Studio in Carlton, Ore. Los Angeles Times photos by Christopher Reynolds Domaine Serene vineyards in Dayton was founded by Ken and Grace Evenstad, who ...


Afternoon honors goddess of wine

Celebrate Meditrinalia Day at 11:30 a.m. Saturday at Sokol Blosser Winery, 5000 Sokol Blosser Lane in Dayton.


Send to Friend

Dayton farmer Sam Sweeney was one of several tour guides Tuesday on a trip to local properties that one day may have a natural gas pipeline buried beneath them.


10/05 [R]Mac Trackers Pumpkin Patch walk and food drive

4 and 5, at 20900 Grand Island Loop, Dayton. It will offer 6K and 10K routes. For more information, call Barbara Wilson at 503-474-3450 or visit www.walkoregon.org . Go to Calendar Location Location Javascript ...


Envisioning Dayton's future

Bill and Cathy Stoller have purchased this 1886 Dayton First Baptist Church and the property next door as a part of their plan for commercial revitalization of the town's historic central district.


'Corpse!' will feature a lot of laughs, bodies

The laughs will be tinged with tension in Pentacle Theater's latest show, "Corpse!," which opens Friday.


Wine country, one sip at a time

Neil Svarverud bottles wine at Amity Vineyards, one of the Yamhill Valley's oldest wineries.


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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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