Housing / Real Estate Questions

Re-finance mortgage?

Hi Terry – I attended your presentation last week at Uline. You mentioned we should look into refinancing our mortgages...

Nonrecourse Reverse Mortgages

For a widow who is 80 years old on Soc. Sec. with a $65,000 mortgage and similar amount in 401K,..

refinancing home

We have a $90,000 home mortgage and a $30,000 equity loan. Should we combine the loans into one às the..

Home equity loan or Reverse Mortgage?

Hi Terry, listen to you on WGN Business lunch.Always good advice. I have an equity loan and owe $39,000. Interest..

Refi mortgage – Guaranteedrate.com recommendation

What is the name of the GuaranteedRate.com loan officer you mentioned a few weeks ago – first name begins with..

Time to Sell in Suburbs?

I have a 2018 built house in the suburbs (Yorkville) and I need to move to Indianapolis eventually. Do I..

Which property to refinance?

Terry, I would like to take advantage of the existing mortgage rates and refinance. I have a home mortgage at..

Delaware Statutory Trust

I am selling a commercial property. In order to defer the capital gains taxes I’m looking at Delaware Statutory Trust...

House mortgage

Hi Terry! My husband is a fan of yours!!! We owe $45,000.00 of our house, I would like to know..

No-Cost refinance

In your August 23rd newsletter, you mentioned a no-cost refi. Is there really such a thing??? We have talked with..

Refinancing Company

Have you heard about this company ? Are you they reputable? Financing for Next Door Programs Simple Docs Refinance™ is..

Running Credit Checks on Tenants

Terry, Is there a reputable site for running credit and background checks on prospective tenants?

Using money from my 401k to pay off my mortgage

The mortgage on my condo has a balloon payment of $150,000 due in Jan 2021. What are the pros and..

B of A not crediting mortgage payment

Having a problem with BOA. They say they are updating/changing systems and can’t apply our payments to a mortgage we..

Real Estate and retirement

We have a 6 unit building that is almost/could be paid off that we have owned for 25 years. I..

Reverse Mortgage

We are both 78 years old. Own a home worth $600,000.00 and we ow $240,000.00. On unemployment, can’t afford to..

Mortgage

First time home buyer, been in my home for year question what is the best and the quickest way to..

10% or 20% down payment on a house

I’m purchasing a house right now. I have the 10% in my saving account, but I can put down the..

Refinancing Mortgage and/or Auto Loan

I wanted to ask, with the low rates we are currently seeing, if it makes sense to refinance my house..

Should we pay off our mortgage or refinance ?

Hi Terry! I’ll try to make this as simple as I can. Right now, we are in a ARM mortgage..

money

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