Keizer, 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
| Keizer, Oregon News |
'Spotlight' shines on younster
A lifesaving award was presented to a Keizer Elementary School second-grader at the Nov.12 Salem-Keizer School Board meeting.
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Outdoor art enhances Keizer
Outdoor art installed this week will help deep-six the winter blahs in Keizer. A public works crew and two artists placed three outdoor sculptures Wednesday in Keizer.
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Keizer Art Association offers holiday arts, crafts classes
Keizer - Keizer Art Association is offering holiday woodcarving, arts and crafts classes in November and December.
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Keizer church welcomes new pastor Sunday
Robert Arnold will address his flock at 10 a.m. at the church, 6945 Wheatland Road NE.
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In the Ring: Does SMTD have the right spot?
A new feature at Keizertimes.com, In the Ring asks the questions. Our panelists, a mish-mosh of former elected and apppointed officials, community leaders and activists, and generally engaged citizens.
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Benefit concert Nov. 21 for local boy stricken by cancer
Community support can provide Brian Steiner and his family with the gift of time.
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A Wild Christmas 'Binge'
If you're looking for a nice, heart-warming Christmas tale ... then "Mrs. Bob Cratchit's Wild Christmas Binge" might not be your cup of tea.
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Keizer Way begets amphitheatre
The amphitheatre at Keizer Rapids Park is nearing completion. It did not come into existence by itself.
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Salem and Keizer will lose Saturday bus servi...
Cherriots buses will stop rolling on Saturdays early next year, leaving thousands of patrons in Salem and Keizer without weekend bus transportation.
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in the Ring
The format is simple: Once a week or so we pose a question to our assembled panel.
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Council leases cop cars, fixes police bike
Keizer Police will lease three unmarked vehicles rather than purchase them, the Keizer City Council decided on Monday, Nov.
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Schools succeed at polls
A $242 million construction bond from Salem-Keizer Public Schools easily won approval of voters in Marion and Polk counties.
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Voters are saying yes to $242 million Salem-Keizer school bond
Salem-Keizer's school bond was passing by a strong margin Tuesday, according to late voting results.
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Fleming: 'They definitely had a jihad mindset'
It was not how Jess Fleming intended to spend last Christmas. Instead of spending the holiday with family and friends, the Keizer resident was thousands of miles from home, with the last leg of his journey ...
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At Kennedy, reading is a priority for students, staff
Students attending Kennedy Elementary School know exactly how each day will begin ... with 90 minutes of reading.
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Transit center on Planning Commission agenda
A public hearing on a text amendment allowing a transit center across Bailey Drive from Keizer City Hall is at the Planning Commission next week.
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Key Bank is coming to Keizer Station
Key Bank is coming to Keizer Station. The bank opens on Monday, Nov. 10, with a grand opening scheduled for Saturday, Nov.
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Failure of Salem-Keizer's transit levy a blow to those who rely on the bus
Symptoms include a prolonged cough for weeks or months, sharp chest pain, unexplained shortness of breath, severe headache, fever, night sweats and unintended weight loss.
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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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