Housing / Real Estate

Housing / Real Estate Questions

Paying off mortgage vs. investing money

Good Morning Terry, We are both 65 years old and recently inherited some money. We are wondering if we should..

Reverse mortgage

Is a reverse mortgage safe and I need about 60,000 for a roof. I have money on the side that..

Options to avoid capital gains from 2nd home

My husband worked a few years in Colorado and moved back to Illinois where we have a townhome. We continue..

Heloc loan

If the feds lower the interest rate, will the HELOC loan go down?

Capital Gain

I am74 years old a widower. Thinking about selling my house and getting a nice Motorhome/toy hauler. My capital gains..


Hello – we have 7.2% 30-yr fixed mortgage. Rates are starting to drop. We would like to refinance ,put more..

I am 78 years old and in pretty good health. If I sell my house for 375K, would I be better off buying or renting . My property Taxes are $7000 a year .

Am I better off making a lateral move selling my house and purchasing a condo or should I be renting?

Follow-up on Question

Terry, I have a mortgage with 4.125% interest rate until 2027. There is 72,000 left on the note. I have..


I am 69 and have an adopted young grandson with a disability. I am moving my family from Washington to..


Terry, my husband I and I are both 70 , recently retired and recently married. My home, worth appx. $355,000,..

Taxes on a sale of family home

I am a 90 something widow who has owned the home since 1971. We paid $50,000 than and have added..

applying for mortgage at our age

I am 79 yrs old and my husband in 83. We own our single family home (no mortgage). I would..

home equity

I am about 21 months away from paying off my mortgage. I’d like advise on best option for using equity..

Second mortgage

We have a 30 year mortgage and have been holding a second mortgage for 20 of these 30 years. Can..

house payoff

have enough cash (approx 100,000) to pay off house, its all our savings 4 kids, college starts this year, mortage..

House Poor

Hi Terry, I will be to the point. I am 72 on social security and have an income of $20,000..

Taxes on inherited real estate

Hello. My mom passed in 2020 we have a trust and I recently sold a property that was in the..

inherited share of house – capital gains treatment

Hi, I am co-owner of house that is not my residence. My co-owner has passed and I am inheriting the..

cashing in my 403b to pay my mortgage

I sold my house with a land contract and must have it paid off by this September 2024. I owe..

Deed to property after lien is released.

Our mortgage was paid off in July 2023. We have received confirmation that the mortgage has been paid in full..



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finance question