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Gales Creek, 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
| Gales Creek, Oregon News |
Inquiry triggers closure of Gales Creek post office
The Gales Creek Post Office was closed last Tuesday following a preliminary investigation into operations at the small outpost, housed in the Gales Creek General Store.
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State report card shows school ratings slip
Six of 10 Forest Grove schools were rated "strong" on the 2007-08 report card issued by the Oregon Department of Education.
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10/15 Annual celebration for Yamhill Soil and Water Conservation District
McMinnville, 97128 josiereid@yamhillswcd.org The Yamhill Soil and Water Conservation District will hold its 55th annual celebration from 5:30 to 8 p.m. Wednesday, Oct.
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Crash near Gales Creek kills pickup driver
A pickup went off the road tonight near the town of Gales Creek, killing the driver, according to Forest Grove Fire & Rescue.
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Dedication ceremony set for new park
A land dedication ceremony for a future park in Forest Grove is set for 1 p.m. Thursday, July 17 at the old light and power building on B Street, across from the Waste Management transfer station.
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Invasion: Garlic mustard raises a stink in the Tualatin basin
A little-known plant in Oregon is making its ascension as the new scourge in the kingdom of noxious weeds.
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A lone TriMet bus wound its way up Bonnie Lane on Tuesday. But it...
A lone TriMet bus wound its way up Bonnie Lane on Tuesday. But it wasn't taking passengers.
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Couples say 'I do' to wedding insurance
"The owner of the facility is saying we've got wine on our couches, a door pulled off the hinges... or we've gone 8-9 months down the road someone says 'someone drank too much at your wedding and hurt someone so we'd like you to pay for that." Right now the biggest national trend in weddings has nothing to do with the bride's dress, and everything to do with protecting your investment. via KGW-TV Portland
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SOLV cleans up
From a SOLV press release... The wild winter-like forecast didn't deter 3,155 volunteers from participating in the 19th annual SOLV IT Earth Day Event held Saturday, April 19th. via KXL-AM Portland
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Presidential contender wants energy independence, blasts federal LNG plans for the state
"Part of the reason why I'm proud to be here in Oregon is because Oregon is already doing it. I can point to this state" Sen. Hillary Clinton told about 3,300 people in the Liberty High School gymnasium that her "green economy" initiatives would create millions of new jobs and boost the economy. via Portland Tribune
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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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