Housing / Real Estate Questions
Two houses, little cash!
I am retired and currently have 2 mortgages that I pay for. I do have a savings that would allow..
Reverse Mortgage for us?
How does reverse mortgage work? My husband turns 64 this month and we have a 30 year fixed. Our balance..
FUTURE MORTGAGE
TERRY, CURRENTLY NEARING RETIREMENT IN 6 YEARS, HOUSE WILL BE PAID OFF IN ONE YEAR. QUESTION IS DO I MOVE..
Real Estate Taxes
I live in Jefferson township in Cook County I have three exemptions but my home went from $300840 to 380070..
Elderly parent – Reverse Mortgage and Credit Card Debt
Hi Terry, My 86 year old mother took out a Reverse Mortgage, now held by Champion, 13 years ago. Her..
Selling my rental.
I lost my job in 2007 due to massive layoffs. I moved to Tulare Ca and within a year and..
Rental Property and taxes
On rental property when I due repairs on that rental house, how much do I actually get to deduct from..
Tax discount for people in SSI. Disability
We used to get a discount on our property taxes because I am on disability. Did this expire,or do I..
HELOC
I am a retired police officer who had a heloc with bank America and closed in a trust (CTLTC )paid..
Buying a condo
Hello Terry, I am considering purchasing a condo in Chicago. I am 1st time home buyer with a fair credit..
Paying off a home equity line of credit
I currently have a home equity line of credit I took out to buy a mobile home in Florida. I..
Late on Property taxes
Hi terry my husband and I own a home in Illinois we have no mortgage our house is paid off,..
Pay off Mortgage or invest?
This is a follow up for my question on 4-18 should a pay 50,000 from my savings on my mortgage..
Retroactive Exemption
Terry, My husband and I were not aware that we were eligible for a Tax Freeze for 2017, and have..
Property Tax Assessments Assessed Value went up a lot with no comps
Dear Ms. Savage, I hav seen your segments on WGN many mornings and I thought I would reach out with..
PAYING OFF PARENTS PLUS LOAN WITH SELLING A HOUSE
We have $50,000 in parent's plus loan (recently refi to SOFI) per you suggestion. We are selling our house and..
HELOC interest deductible?
Terry, I check your site every day and love your advice and guidance, but, I wanted to follow up on..
Home equity interest deductions
With the new tax changes, can I deduct my interest on my existing home equity line that was used for..
Divorce/property
Hi, I own a building with my husband for 10 years, we are still breaking even but our divorce is..
Capital Gains on Sale of Home
If I sold my house but wanted to buy a house much smailer and less expensive home for retirement do..