Housing / Real Estate

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..

money

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