Housing / Real Estate Questions
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..
Selling of condo
My wife and her sister are selling their late mother’s condo. After they split the proceeds what is the best..
CC real estate tax increase
My real estate tax market value ( per 2025 reassessment notice) has ballooned 290% for upcoming 2026. I have called..
Mortgage Refinancing
How can I go about refinancing my mortgage without a large expense?
Home Equity
I heard on WGN (Saturday morning program) a recommendation to secure a home equity to have “on Hand” in the..
Post Divorce home refi
Hello – Due to my recent divorce, I am forced to refinance my home loan. My current rate is 2.625%,..
Reverse mortgage vs line of credit
78 years old married good health. Still working. No Mortage, ranch house valued at 1.2 million. No outstanding bills. Approximate..
Reverse Mortgage
Would a reverse mortgage be a good way to eliminate a $40000 home mortgage so we wouldn’t have a monthly..
how long to keep home documents after the home sale is completed?
I recently sold a home. The funds from the buyer have been transferred to my account. The sale is completed...
heloc or home equity loan for home repairs. Which best avenue?
I own one of my homes . Value approximately $160K no liens. I have a mortgage on a recent home..
giving money to adult child/children
Hi, Terry. Just completed watching your webinar presented by the libraries. My question is, would it be a good idea..
Gifting a home? No contract!
My mom bought a home for 160k in 2012 rent to own for my sister upon her divorce. Now the..
House Stealing
Hi Terry. Several days ago, I received a promotion from Home Title Lock attempting to sell me on their title..
Housing / Real Estate
Dear Terry, My wife and I are selling our building in Bronzeville to relocate to the burbs, we built up..
mortgage pay-off
I own a rental property that makes $4550 per month in rent. Mortgage is $3000 per month (3.5% rate). I..
Sell or not
Dear Terry, My Big Sis Jan says you say not to sell our twenty acre forest land for about $88,800..
Real estate
I am purchasing a home in old bridge New Jersey can recommend real estate attorney thank you
Buying a Home
Hi Terry, My husband and I are retired and want to buy our last home. Our current home is paid..