Housing / Real Estate Questions
Trying to pay off reverse morgage
Hi Terry I look forward to hearing you every Wed. on WGN. Ihave had a everse mortage for many years..
Is refinancing or paying the escrow shortage a good idea?
Hi Should I refinance or pay the escrow? I was just notified of a escrow shortage of $3043.25 due to..
Real estate
Terry I own a few multi-unit income properties (6 & 12 units) in suburban Illinois and I’m looking to purchase..
Short Term Loss Selling Condo
I live in Colorado and just bought a condo in Florida the end of Sept. After being there, I..
Paying off home loan
Recently my mother passed and her ira account was split between myself and my brother … I was thinking of..
Home equity
I am a landlord of a rental property that I live in. I have excellent credit ranges from 750 to..
Improving FICO Scores Prior To Applying for a Mortgage – Credit Coaching?
Hi Terry – I listen to you on WGN and respect your advice. My son and his fiance are trying..
Heloc
Hi I have a $98,000 balance on a $100000 Heloc. Can I turn that into a fixed rate mortgage? Or..
second home mortgage
I want to purchase a second home in Florida (yes I know the market is very crazy down there). I..
American rescue plan act — Foreclosure Looms!
If you go to IHDA.org and search for 2021 homeowners assistance fund (HAF) you will find a vague stmt. saying..
Home buying assistance program.
Hello. I saw a while back your discussing a program to assist with buying a home. I can’t find information..
student loans and purchasing a home
1. I have close to $200,000 in student loans. They’re in good standing, deferment, with $0 monthly payments (IDR), and..
Loan refinance
Hi — Thank you for answering my recent question about refinancing a home equity loan. My other question is this:..
Loan refinance
Hi — I have often heard discussions of refinancing home mortgages — but I have never heard anyone talk about..
regarding proceeds from land sale in Wisconsin for Illinois residents
Dear Ms. Savage, I’ve appreciated your appearances on WGN and your way of communicating financial advice. My husband and I..
Mortgage
Hi, Terry! I’m 54 years old, divorced with four boys living with me. I’m self-employed as a landscaper. I lost..
Home Equity Line of Credit Vs. Cash Out Refinance
Terry, Which would be the better choice, a home equity line of credit or refinancing and taking cash out. Townhomes..
IHDA Program
Hi Terry, is this new IHDA program for new home owners only?
Mortgage refinance
When refinancing, is it best to use a broker or go straight to a lender? Is there a no cost..
Sale of income property
As owners of a 2 flat for almost 50 years, we are finally getting ready to sell it. It has..