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..