Housing / Real Estate Questions

Underwater home — can’t keep up with mortgage!

Hi terry.... My husband and I inherited a home about 2 yrs ago ... We've taken out personal loans to...

Purchase Retirement Home Before Retirement

My husband and I are in our mid 50's and both working but plan to retire in our mid 60's....

Should I pay off my mortgage?

Hi Terry, I have followed you for years -- ever since you spoke at our Merck event in Cancun, Mexico...

Reverse Mortgages

I am considering a reverse mortgage. In general, what do you think of them and do you have any thoughts...

Refinancing Home after Modification

Good Morning, I live in Wisconsin, my home is located in California, I Purchased through a FHA loan in 2010...

Real Estate Income Fund

Hi Terry, I've started looking at this fund "Secured Real Estate Income Fund" that was mentioned on WGN radio. So...

Can I sue the appraiser?

Ms.Savage, Is it possible to take an appraiser to small claims court based on the lies stated in the appraisal...

Reverse Loan Mortgage

What are the pros and cons of taking a reverse loan mortgage? Terry Says:  Here is a link to my...

Mortgages for Seniors

Terry: We are retired (63/60) with a healthy portfolio of assets ($2.7mm), but modest income ($30,000) of dividends and capital...

DOUBLE MONTHLY PAYMENT TO SHORTEN PAYOFF PERIOD

HOW SOON CAN I PAYOFF MY MORTGAGE IF I DOUBLE MY MONTHLY AMORTIZATION? WHAT ARRANGEMENT DO I HAVE TO MAKE...

refinance my home

listening to WGN morning news TV, was getting ready for work & caught part of your refinancing info. need more....

Gifting money for down payment

I would like to give a gift of cash for a down payment for a house to my son. Around...

refinance in retirement

I will be 63 this year and I still owe $157,820.22 for mortgage (not pay off amount) at 4.00% still...

Property tax exemptions while in rehab care outside the home

If my parent does not occupy the home due to disability or care need at this time or any time...

Include car payment into mortgage?

Hi Terry I was caught in the housing market crash of 2008 & had to file bankruptcy to save my...

Taxes and other financial implications of renting my condo in Chicago

Hi Terry! I'm thinking of renting out my condo in Chicago. I was wondering about the tax implications or any...

Refinance to 15 year?

We just refinanced our home with a 30 year 2.99% rate. We owe $227,000.00. Our payment is $1700, but I...

Reverse Mortgage

thinking of reverse mortgage am 66 years old owe 40;000 home worth 125;000 any red flags I need to know...

refinancing mortgage in your sixties

Hi! My parents are 61 and 66 y.o. & are wondering if refinancing their mortgage is a good idea. They...

Home refinancing

Hello Terry, I recently lost my job and my husband and I decided that the best thing to do is...

money

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