Depoe Bay, 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
| Depoe Bay, Oregon News |
One of Two Curry County Proposals for Marine Reserve Makes State's List
There was a collective sigh of relief in many areas of Curry County this week after the Governor's Ocean Policy Advisory Council rejected two proposals for marine reserves in the Mack Reef area, Brookings ...
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Advisory Panel Recommends Two Marine Reserves
A By Brian Schiedel November 19, 2008 A Salem, Ore. -- Oregon's Ocean Policy Advisory Council recommended two "pilot" reserves, one near Port Orford and one near Depoe Bay.
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Just two of nine fishing-free reserves win endorsement
Gov. Ted Kulongoski's vision for fishing-free marine reserves off Oregon's coast could be downsized dramatically if he accepts recommendations made Tuesday by an ocean advisory panel.
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Salem group plans coastal outing
A Salem Audubon Society field trip to the coast, open to anyone, will be led by Audubon members Pat Gallagher and Wes Craven on Friday.
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'Twilight' could be state's first blockbuster
There have been plenty of movies made in Oregon in recent years, and there have been good, bad, terrible and even classic results.
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What They Miss About the Oregon Coast
It was the coast the way it once was. And there are plenty of folks who remember chunks of living history about the region, and its more rugged, even ruddy appearance and vibes before the last ten years' of ...
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2 seafood panels support 2 Ore. marine reserves
Just two of the 20 proposed marine reserves along the Oregon coast have found any support from seafood commodity commissions.
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State police report 15 DUII arrests for Halloween
The Oregon State Police made 15 arrests for drunken driving on Halloween after warning that alcohol was involved in all the traffic fatalities in the state for that night in the past decade.
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2 seafood panels support 2 Ore. marine reserves
Just two of the 20 proposed marine reserves along the Oregon coast have found any support from seafood commodity commissions.
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State parks offers whale watch training
A Pacific gray whale prepares to dive deep off Depoe Bay by raising its tail flukes to propel itself downward.
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Oregon Coast Winery Owner Expands Humanitarian Efforts in Cambodia
Ray Shackelford, owner of Nehalem Bay Winery and Depoe Bay Winery, is expanding his humanitarian efforts in a downtrodden region of Cambodia.
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Crime News
Woman arrested for animal neglect A Waldport woman was arrested Monday, Oct. 6, on a charge of first degree animal neglect.
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Silver Heron exhibit is a a Glass Act'
"Male Torso," fused glass, by Karen Ehart is on display at the Silver Heron Gallery.
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Family seeks community support
Tatum Boyer, 4, curls up in mom Laura's lap, while sisters Abigail, 5, plays with her stuffed dog and Sophia, 3, sits quietly next to dad Brian.
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The a Good Old Days'
The land was heavily timbered, and homesteaders had to cut trees to clear land for farming or to build a house.
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More of this story
Replica of the Vietnam Wall at Chinook Winds Casino Resort. U.S. Coast Guard Station Depoe Bay fires a volley of three at the Celebration of Honor ceremony in front of a replica of the Vietnam Wall at Chinook ...
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Agency awash with reserve proposals
State Rep. Jean Cowan, D-Newport, holds a kelp greenling hooked by James Peterson of the charter vessel Samson during a tour of the site of the proposed Depoe Bay Nearshore Action Team marine reserve pilot ...
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Group proposes nine marine reserves for Ore.
A coalition called Our Ocean proposes nine marine reserves. The group's director, Susan Allen, says they will increase fish populations and provide places for research.
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Upper Half of Oregon's Coast an Intoxicating Mix
Covering 180 miles of Oregon coast travel: Astoria, Seaside, Cannon Beach, Manzanita, Nehalem, Wheeler, Rockaway, Garibaldi, Tillamook, Oceanside, Pacific City, Lincoln City, Depoe Bay, Newport, Waldport, ...
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Coastal Notes
Kinney to perform in Lincoln City Maxie Kinney performs from 7 p.m. to 10 p.m. on Thursday, Sept.
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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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