Housing / Real Estate Questions

Capital gains

Hi Terry. All HR Block offices are temporarily closed by me. Tried asking Realtor Attorneys but they won’t answer a..

mortgage

Hello, my husband and I just recently purchased a home, is there something that we need to keep focused on..

Taking out a Reverse Mortgage

Hi Terry, I’m considering a Reverse Mortgage. I’ve been doing my reading and evaluating. I’ll be meeting with an agent..

Heloc at age 55

I’m curious the best time to consider a HELOC. I’m 55 years old and bought my home in 2015 due..

Reverse Mortgage

I’m an 80 year old widow. I’ve been thinking about taking out a Reverse Mortgage. The house is paid for...

Mortgage title

My wife and I jointly own a condo with 4 years left on mortgage. She passed away last year. Should..

Home Equity Loan

Is a home equity loan a good idea?

Borrow from 401K for condo purchase

On your WGN segment this morning, you stated that it was a very bad idea to borrow from a 401K..

Sell house or rent it?

Should my wife and I sell the house we are downsizing out of and invest the money in the stock..

House taxes

Good Morning! Husband and I bought a house in the south suburban area 3yrs ago and we have noticed that..

Purchase Manufactured Home?

Dear Terry: We live in the Pacific Northwest (Columbia Gorge) where housing prices are above national average. The mobile home..

Tax rate on 401K withdrawals to buy7 house

If I take out $150,000 dollars from my 401K to put a down payment on a house and I’m only..

identity theft and property

Hi Mrs Savage, you have helped me before , my house is paid for and i keep hearing that someone..

Early IRA Withdrawal

Hi Terry, In order to avoid having a sale contingency on my new home purchase, I would like to withdraw..

Paying off our mortgage before retirement

Hi Terry, I’m retired and my wife is still in the work force. We only have about $14,000 or less..

Capital Gains on sale of a house

A friend in Seattle, working for Walgreens, take a new position with Walgreens in late 2020 that causes her to..

Withdraw from IRA to pay mortgage

I’m 74 & a widow, have teacher’s pension (106,000.), 400,000 in IRA with TRowe, mortgage balance is 202,000. Should I..

Large payment on mortgage vs saving account

I have a balance of $184k on my mortgage, with an interest rate of 2.75%. I’m wondering if it would..

Buying home at 70 years old

Hi Terry I am 70 years old, want to relocate to warmer climate have approx 1M liquid, would it be..

co-signing for a mortgage

Hi Terry My niece, Jenna, recently ask me to be a co-signor for a home mortgage. She will not qualify..

money

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