Housing / Real Estate

Housing / Real Estate Questions

Avoiding capitol gains tax from condo sale

I am under contract for a condo that was originally my primary residence . When I moved I rented it..

Motgage payoff

My current rate is 3.75 , i owe $118,000, should i take the money out of my IRA account which..

Mortgage payoff

I owe approximately $120,000 on my mortgage and i just recently retired at the age of 60 , i have..

Wondering if Ishould refinance with a New Mortgage

Hi Terry , I love listening to you ! I was wondering if it would be Ok to refinance and..

Capital gains

My parents who are in the upper 80’s who purchased a 3 flat in Illinois, they lived there for 10..

Paying off a mortgage

Hi. My husband and I always argue about if we should pay off our mortgage. We have a very low..

Line of credit loan vs selling investments to buy into continuing care

Buying into a CCRC (Continued Care Retirement Community). Closing within next six weeks, but have not sold my current home..

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?

money

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