Frenchglen, 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
| Frenchglen, Oregon News |
Ranchers organize vote on feedlot union issue
Ranchers for Country Natural Beef posted election notices Tuesday to settle a long-simmering dispute over whether workers at the feedlots that handle their cattle want to join the United Farmworkers Union.
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Oregon rancher trades boots with U.S. Fish and Wildlife Service senior leader
Stacy Davies, ranch manager of Roaring Springs Ranch in Frenchglen, Ore., spent a week during mid-August in Washington, D.C., working with the U.S. Fish and Wildlife Service as part of the "Walk a Mile in My ...
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Sara Perry writes about Frenchglen and Steens Mountain
Her motorcycle adventure takes her to the remote southeastern part of Oregon I t's time to trade a horse's saddle for the back of Pete's BMW 1100-GS motorcycle.
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On the road again, on two wheels to remote Oregon
I love Oregon in the summertime, especially on the back of my husband Pete's BMW 1100-GS motorcycle.
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On the road again, on two wheels to remote Oregon
I love Oregon in the summertime, especially on the back of my husband Pete's BMW 1100-GS motorcycle.
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Tough tax rules add new level of friction
"I was not able to sign the tax return" Six-year-old Ashlyn Ramsey, of Oregon City, peeks through a breathing hole to see the rooster chicks that she got during the Chick Days event at the Coastal Farm & Ranch store. via Oregonlive.com
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Casino at Cascade Locks
F or almost a decade, a debate has raged over whether state and federal governments should approve Oregon's first off-reservation casino, resort and parking lot in the Columbia River Gorge. via The Oregonian
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Oregon Catholics jazzed about pope's visit
"Something about him captures their imagination." Six-year-old Ashlyn Ramsey, of Oregon City, peeks through a breathing hole to see the rooster chicks that she got during the Chick Days event at the Coastal Farm & Ranch store. via Oregonlive.com
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Candidates square off at Ore. Senate debate
Few differences emerged among the three Oregon Democrats vying for their party's U.S. Senate nomination during their first debate to be televised statewide. via KCBY-TV Coos Bay
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Body found in Forest Park is missing tow truck driver
Six-year-old Ashlyn Ramsey, of Oregon City, peeks through a breathing hole to see the rooster chicks that she got during the Chick Days event at the Coastal Farm & Ranch store. via Oregonlive.com
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Industry Notes
GDC has leased 3,297 square feet of office space at 5000 Meadows Road, Lake Oswego, from OR-Meadows Lake Oswego. via The Oregonian
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Northwest salmon deal includes just $540 million for new projects
"This agreement does rebalance and broaden the federal agencies' commitment to all the fish and wildlife affected by the Federal Columbia River (Power) System, and we're very proud of that" A deal unveiled this week commits federal agencies to spend $900 million to help endangered Northwest salmon - but just $540 million would go to new projects. via KGW-TV Portland
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BPA, tribes reach $900 M deal to protect salmon
"The dams on the lower Snake River and mainstream Columbia have a significant impact on the fish and on our people" Settlements reached Monday with four Northwest Indian tribes would commit federal agencies to spend $900 million over the next decade on improving conditions for endangered salmon, but leave intact ... via The News-Review
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Tribes seal $900 million deal
"We are eager to leave behind the gridlock." For decades, as Columbia and Snake river dams helped push salmon, sturgeon and lamprey numbers down, Northwest tribes battled the federal government over its treatment of what the tribes see as sacred species. via Oregonlive.com
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Gorge yourself on spring's wildflowers
Posted by Terry Richard, The Oregonian April 03, 2008 06:00AM Terry Richard, The Oregonian Arrowleaf balsamroot blooms on the Washington side of the Columbia Gorge. via Oregonlive.com
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Families can gather 5 free baby chicks
ROSEBURG: Coastal Farm & Ranch is giving away 500 baby chicks on Saturday as part of the Northwest chain's celebration of spring. via The News-Review
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Oregon new darling for democratic candidates
First Barak, then Bill, then Hill. Oregon is suddenly in play again, the state which refused to budge its May primary much to the dismay of many political junkies who thought we'd be left out in the cold - ... via KINK-FM Portland
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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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