Deer Island, 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
| Deer Island, Oregon News |
Police raid fortified compound in rural Columbia County
Edward Eugene Clinefelter, 34, of Deer Island was arrest last week during a police raid on a remote compound in rural Columbia County Contributed photo St.
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Gathering remembers Independence High School
Harry Truman was president when the last bell rang at Independence High School nearly six decades ago.
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Ida M. Barber Ida M. Barber of Vancouver, Wash., died Sept. 11, 2008. ...
Ida M. Barber of Vancouver, Wash., died Sept. 11, 2008. She was 93. Ida M. Roberts was born May 5, 1915, in Paola, Kan.
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Rainier man's murder stuns neighbors
"Nice, polite and reclusive" is how Vern McCullough's neighbors describe the 62-year-old Vietnam veteran who was found murdered at his home off Highland Road about four miles north of St.
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Rainier man person of interest in neighbor's murder
ST. HELENS, Ore. -- State police detectives named a person of interest in a murder in rural Northwestern Oregon.
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News Digest:
GOOD AFTERNOON OREGON Oregon soldier killed in Afghanistan PORTLAND - Military officials say a 20-year-old soldier from Beaverton was killed in Afghanistan after his patrol took on small-arms and rocket ...
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The body of 62 year old Vernon McCullough was found on his property Monday.
Detectives from the Oregon State Police, working in conjunction with the Columbia County Major Crimes Team, are investigating a homicide following the discovery of a man who died at his property Monday evening ...
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Firefighters ask for help in solving mystery of Dibblee Beach
OK, who's starting fires at Dibblee Beach? Rainier firefighters would like to get their hands on the arsonist.
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They're called CSAs, and they support local farms
Jim Works of Many Friends Farm displays the farm's produce at the Scappoose Farmers Market.
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Brush fire leads to closure of Hwy 30
Crews on Monday were attacking a 20-acre brush fire west of Columbia City that led to the closure of Highway 30 in both directions.
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New shooting range really starts with a bang
Michelle D'Rovencourt receives instruction from an FBI firearms instructor on firing a .40 Glock handgun.
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Brush fire leads to closure of Hwy 30
Crews on Monday were attacking a 20-acre brush fire west of Columbia City that led to the closure of Highway 30 in both directions.
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Brush fire leads to closure of Hwy 30
Crews on Monday were attacking a 20-acre brush fire west of Columbia City that led to the closure of Highway 30 in both directions.
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Brush fire leads to closure of Hwy 30
Crews on Monday were attacking a 20-acre brush fire west of Columbia City that led to the closure of Highway 30 in both directions.
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Brush fire leads to closure of Hwy 30
Crews on Monday were attacking a 20-acre brush fire west of Columbia City that led to the closure of Highway 30 in both directions.
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Brush fire leads to closure of Hwy 30
Crews on Monday were attacking a 20-acre brush fire west of Columbia City that led to the closure of Highway 30 in both directions.
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Brush fire leads to closure of Hwy 30
Crews on Monday were attacking a 20-acre brush fire west of Columbia City that led to the closure of Highway 30 in both directions.
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News Advisory on 100th Anniversary Celebration
For Immediate Release Beth Anne Steele 552-5238 DATE: 07/21/2008 Celebration! On Friday, July 25, 2008, the FBI will mark its 100th anniversary of service in conjunction with the FBI/Columbia County Sheriff's ...
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News Advisory on 100th Anniversary Celebration
For Immediate Release Beth Anne Steele 552-5238 DATE: 07/21/2008 Celebration! On Friday, July 25, 2008, the FBI will mark its 100th anniversary of service in conjunction with the FBI/Columbia County Sheriff's ...
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Naturalist to lead walk on Deer Island Preserve
County naturalist David Herlocker will lead a nature walk on Deer Island Preserve from 6 to 9 p.m. July 20.
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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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