Housing / Real Estate Questions
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..
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..