Housing / Real Estate Questions
Home sale/equity/divorce/fafsa
Hi Terry, I’ve been divorced for 2 years and in our agreement we are to sell our home (we have..
Home Equity
Hello Terry , Looking to tap into our home equity for home improvement and clean up about 15,000 in unsecured..
Pay off Mortgage, Leave in Money Market or IRA?
Hi Terry, I recently bought a townhome and have a 30 year fixed mortgage. Normally I also put money into..
Capital Gains on Home in Wife’s Trust
Hi Terry. I submitted a question about a week ago but haven’t seen your response. It had to do with..
Home title fraud
If your deed is in a trust will that protect your home title?
Getting a HELOC to protect our home title?
Hello Terry, My wife and I are 73 years old, own our home in Elmhurst, and have no debt. I..
Snowbird home
Hi Terry, Love you on the radio. Question, my home is almost paid off and have about $9M in savings/investments...
L-T rate mort rate help
Dear Terry the climate has changed…what do you expect for Mortgages help om the basis of (used to be LIBOR)..
Capital Gains Tax
How do I figure out how much I might be charged for Capital Gains tax? I sold property in MI..
Cashing in your 401k
My 73 year old husband wants to buy another home that will be our primary residence and later selling our..
Mortgage Intrest Refi
Hello, Does the rule still stand to only pursue refiancing your mortgage if there’s at least 1 % less in..
Home purchase
Hi Terry,….I’m planning on buying a home that is family owned and I am part owner. I won’t need a..
Finishing a basement
Which is better HELOC or mortgage to finance this project?
Long term Interest rates and my mortage
Everyone talks about the fed rate cuts but my mortgage is/was based on Libor which is now something else. HUGE..
mortgage
Is it better to carry a mortgage for tax advantages, or better to pay it off if I have the..
mortgage paydown?
We have a 15 year mortgage on our home at a 2.45 interest and have about 10 years left. Is..
Mortgage Payoff?
Im 74 years old and work part time, collect social security and RMD’s. I have $150k chicken money (it’s currently..
Section 42 Rent
They ask for sources of income. On my 1040, I have Social Security, tax-exempt interest, taxable interest and ordinary dividends...
home equity loan
We need to remodel our bathroom, should we take out a home equity loan or borrow against my husbands 401K...
Mortgage vs HELOC
I may purchase a home downstate (Indiana). My present home is owned with no mortgage. My bank (Chase) said they..