Veneta, 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
| Veneta, Oregon News |
Eugene man sets up contest to give away home
Three bedrooms, two bathrooms, a hot tub and a beautiful view - this Veneta area home is ready for someone to move in.
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Affordable multifamily housing rising in Veneta
A new affordable housing development in Veneta is currently being constructed by general contractor Meili Construction, and could be ready for families by spring 2009.
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Coburg sticks with its police force of 2
Maybe this sleepy Willamette Valley town of 1,000 residents north of Eugene doesn't even need its own police force.
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Wedding: Wilson - Lyons
Haley Wilson and Greg Lyons were married Sept. 6 at the Berean Baptist Church in Eugene.
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Ciao, baby
Location: 915 N.W. Wall St., Bend Hours: Open 5 p.m. to close every day Price range: Appetizers $8.25 to $13.75, pastas $12.25 to $19.75, other entrees $11.25 to $28.75 Credit cards: American Express, Diners, ...
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Home Giveaway Organizer Refutes Illegal Lottery Accusations
By Brandi Smith November 10, 2008 A VENETA, Ore. -- A Eugene man who is trying to give away his Veneta investment home is reacting to the Oregon Attorney General's Office suggesting the giveaway is illegal ...
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Fences make good neighbors -- and political signs
Duane Taddei is known for his Halloween and Christmas decorations at the corner of Main and R street.
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Masquerade ball will aid SMART
Night of mystery, finery, food and music will aid reading program ALBANY - Tickets are on sale now for the first Masquerade Ball benefit for the reading program known as SMART.
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Drug Arrests
A On October 20th, 2008 at approximately 2:51PM; patrol units from the Oregon State Police and the Prineville Police Department arrested 20 year oldA Max Milton Worsham of Veneta, 27 year old Jesse Lee Furgason ...
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Ballot Measure 20-141
The City of Creswell has proposed an ordinance that would impose a tax on motor vehicle fuel dealers of 3 cents per gallon.
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Art Openings, Events and Museums
Admission is free unless otherwise noted. events Artist Talk With Henk Pander: Pander will discuss his work on display at the gallery through Sept.
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8 may have gotten shigella after Oregon Country Fair
Health officials now say as many as eight people may have contracted the bacterial illness shigella at the Oregon Country Fair near Veneta.
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Neuter Scooter coming to town Aug. 16 assembly line will alterations at low cost
If the words "Neuter Scooter" conjure up images of a gender-neutral motorcycle, you are far removed from the problems of pet overpopulation.
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Hunter who shot, paralyzed UO student sentenced
A hunter who paralyzed a University of Oregon student in an accidental shooting pleaded guilty to felony assault with a firearm, but will not have to spend any time in prison.
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Probation for hunter who paralyzed Oregon student
A hunter who paralyzed a University of Oregon student in an accidental shooting pleaded guilty to felony assault with a firearm, but will not have to spend any time in prison.
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Fair, but not square
A dragon made out of sticks and branches offers shade and relaxation for fair-goers. Shade was an important part of the mid-July Oregon Country Fair as temperatures exceeded 90-degrees. Media Credit: Dave ...
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Country Fair means big buck for local businesses
Local merchants say their business this time of year is comparable to a major holiday.
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Ditto: Little Venetian, Betty's Pies
The popularity of pasta and pie recently spawned two restaurant spinoffs. The Little Venetian in Oakdale offers the same red-sauce classics that are served at its Little Canada location.
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Search and Rescue Scams Expand to Other Western Oregon Counties
By Brandi Smith July 11, 2008 EUGENE, Ore. -- The Lane County Sheriff's Office first reported the scam, but now it's expanded to affect Douglas and Linn counties.
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Coos Bay Police Arrest Railroad Metal Theft Suspects
By Kaitlyn Bolduc July 11, 2008 COOS BAY, Ore. -- Investigators say thieves are targeting the Central Oregon and Pacific Railroad because no trains are running on the line and no one is monitoring the property.
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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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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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