Housing / Real Estate Questions

10-31 Exchange Services. Can you recommend a financial institution that will provide the Fiduciary services?

I have a condo in Chicago that I rent out. I would like to sell it and buy a condo..

401K withdrawal to help son purchase home?

I am considering taking money out of my 401k to assist my son in purchasing a home. Please advise if..

Refinancing home equity loan

I've recently been offered a opportunity to refinance my home equity loan from my Discover card at a locked rate..

Reverse mortgage to help son build house?

Greetings Terry, what are your thoughts concerning reverse mortgages? I am 65 years old and would like to purchase a..

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,..

money

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