Housing / Real Estate Questions
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..
Refi and add to savings?
We’re in our mid 60s and planning to refinance our mortgage and taking $30000 equity to pad our savings account..
Pay down mortgage
Hi Terry, I recently retired and we have a mortgage of $170,000. My wife is still working and makes an..
Mortgage forbearance
I applied for mortgage forbearance a couple of months ago and I know it’s ending in a month. So what’s..
HARP Loan I had until we moved on 07/7/2021
Hi Terry. Can we apply for another HARP Loan, that we had at our previous home, or is there another..
Taxes on home sale
I am seriously contemplating selling my home worth app 380 000, . Home is been paid in full a number..
Best way to pay for large condo special assessment
Hello, Love seeing you on WGN Morning Show! Unfortunately, my condo building is going through a number of improvements that..
Select Portfolio aka SPS
A few years back my husband and I had our mortgage through SPS. My husband got laid off and i..
Disclosing Bank Accounts to my Mortgage provider
Hello Terry, my forbearance plan will end soon and I’m looking to do a loan modification request as I am..
HOME EQUITY LINE OF CREDIT
My mom passed away Sept 2020. I am a “Grantor” on her Home Eq line of credit. Since I have..
Home Refinance
Hi Terry, we have $200,000 left on our mortgage at an interest rate of 4.5%. We are thinking of refinancing..
Forbearance/ Refinance
I am currently in the last stages of my forbearance program I currently am employed from my previous employer of..
Refinancing
I’m 77 & own a home for 14 years. We still owe $167,000 on our mortgage @ 3.67%. Home’s value..
Refinance –with three years til I sell?
Hi Terry, I am turning 64 this year and will likely sell my condo in the next three years and..