Fairview, 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
| Fairview, Oregon News |
Oregon officials bust movers for lacking permits
FAIRVIEW, Ore. - Fifteen companies have been busted in a sting operation aimed at illegal movers in Oregon.
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Warning about illegal movers
The Oregon Department of Transportation regularly does sting operations to catch illegal movers.
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Sting in Fairview busts unlicensed movers
The U-Haul arrived early. The movers backed into the garage, barely missing the "For Sale" sign.
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Weddings for Nov. 15
Jennifer Ann Grinnell and Timothy Shaun Spreadborough of Portland were married Oct.
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Oregon voters defeat most local money measures
In communities from Coos Bay to Umatilla, Oregon voters rejected the majority of local money measures put before them in last week's elections.
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Local briefs: Nov. 8
Eagles host winter bazaar The Fairview/Troutdale Fraternal Order of the Eagles No.
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Council challenger advocates for a cleaner, more...
Sandwiched between Fairview and Troutdale, the roughly one-square-mile city of Wood Village boasts a relatively low crime rate and, with East County's only Wal-Mart, a robust business tax base.
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Hispanic Christian leader dies suddenly in Guatemala
Jorge Osorio talks to a group of children in Mexico. The Portland resident was instrumental in founding Hispanic churches throughout the Americas, including Gresham.
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Damascus mayor position inspires three-way race
It's not too often these days that a city is born. But since Damascus incorporated as a city in 2004, its city council faces challenges ranging from shaping future growth and development to unraveling traffic ...
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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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Teen's party turns into drunken riot against police in Gresham
A drunken crowd turned violent on police Saturday night during a teenage girl's birthday party that turned into riot at a community center in Gresham, police said.
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Police arrest six at Gresham riot
Police arrested six men after putting down a fight involving more than 20 men at a Gresham community center.
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Weekend party turns violent as Gresham police attacked
Police today said 38 officers responded Saturday to a birthday party that turned into a riot, in what Gresham police are saying is the city's largest melee in almost 20 years.
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District 25 race attracts political newcomer
It's a race that seemingly came from out of nowhere, considering that no Republicans ran against the Democrat incumbent during the May primary election.
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Burglars Crash During Getaway, Police Say
Five people accused of taking part in a Gresham burglary were arrested after their car crashed during their alleged getaway, police said.
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Oct. 4 letters
I have lived in Oregon for 20 years, the past eight years in Wood Village and Gresham.
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E. County - Parks and Trees
Please note this meeting SATURDAY: East County Urban Parks & Trees Summit; October 4, 2008 Exploring the Links between Urban Parks, Trees, Public Safety, & Economic Vibrancy Sustainability and public safety ...
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Cable TV regulators to vote on Verizon franchise
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Veteran superintendent will lead Reynolds School District
The Reynolds School Board voted 7-0 Sept. 29 to appoint Robert J. Fisher, who worked as an assistant superintendent in Beaverton, the district's interim superintendent.
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Reynolds board plans vote on interim superintendent
The Reynolds School District Board will vote on a candidate for the position of interim superintendent during a public meeting at 6:30 p.m. Monday, 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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