Housing / Real Estate Questions
Home Equity Line of Credit
Hi Terry, I have a finance question I would like to run by you. My wife and I are shopping..
Taking out a Loan
My husband and I are taking out a home equity loan to buy out his sisters half of a house..
Refinance or equity loan
Hi Terry I listen to you on WGN radio I owe 32,000 on my house I have about five years..
Home Mortgage – interest rate lock
My daughter is purchasing a townhome with closing date the beginning of December. Should we lock in rate now, or..
Pay off home ?
I’m 74 still working leaving soon! Owe 50k on house, have 224k in 401k, all in Safe Fund 25k savings..
reverse mortgage
Hi, Terry- I would like a reverse mortgage, but my condo is not FHA eligible. I own a unit in..
Reverse mortgage to deal with student loans?
Is a reverse mortgage right for me? My husband and I are 66/65 respectively.. we owe $280k on our mortgage..
Children’s name on title of house
My name was on the title of my mothers house along with her name. When she died it was very..
Finances after a personal disaster
Our daughter had cancer. She had a hard time getting disability. When she finally did she had less than a..
reverse mortgages
I would like to discuss a reverse mortgage for the home of my wife and I. Several years ago I..
Pre-approved for a mortgage
My husband and I are starting to look for a New house. We were going to go to the bank..
Mortgage refinancing
I owe $112K at 4.5% interest. Am 66 y.o. still work full time. I add $300 to payment every month..
Refinancing ripoff?
I am 33 and purchased my first home September of 2018 for $173,000 FHA, interest rate 4.625% original loan amount..
home owners exemtion on a rental in cook county
is it legal to claim homeowners exemption on a rental in cook county A friend rents but taxes are so..
Income Stream and Home mortgages
Terry, My wife and I both carry $80k ROP that return in ten years. We also carry term policies 500k..
mortgage rates
I’m paying 8.5 %, on a 30 year fixed, because of some tax problems. I’ve recently cleared up the taxes,..
Home Refinancing for Kitchen and Bathroom Remodeling
My mortgage interest rate is 3.750. My FICA score is 731. I have less than $110.00 owed on one of..
Reverse mortgage considerations
Is it better to sell home after mortgage is paid off, or stay through old age and rely on a..
LLC for retirement property now rented?
Dear Terry , In 2015 my husband & I moved from Illinois to Tennessee. My mother back in Illinois needed..
mortgage refinance
Hi Terry, When does it make sense to refinance your mortgage? Is it a certain percentage lower, when you have..