Housing / Real Estate Questions

Pay off house

My husband and I are retired and living comfortably. We owe 87,000.00 on our home. My husband wants to pay..

Financial help for first time home buyer

How can the "athomeillinois program" be helpful to a first time home buyer having trouble coming up with a down..

Mortgage

A few months ago I heard you talking about a bank giving free money to home buyers because of something..

Using existing property as collateral for a second investment property

Hi Terry, I currently own an investment property that I rent out. It's a house in a nice western suburb..

Mortgages –How do I compare?

What questions should you ask a potential mortgage lender?

Reverse Mortgage

Have been advised to take out 'perverse' mortgage' to pay for 1/3 of house stuck in trust... have apprehension want..

Pay off mortgage with 401k withdrawal?

60 years old facing impending downsizing...over $600k in IRA/401k jointly. $100k mortgage...would it make sense to pay off mortgage with..

HARP or HAMP — please help!

I am confused on HAMP and HARP I would like to refinance my home mortgage, I have not missed any..

foreclosure on ex-wife impacts her son

My son gave his wife the house in their divorce but her credit was too awful so the mortgage stayed..

1st Purchase Home Mortgage

My 29 year old daughter is looking to buy her first house. She is wondering if she should pay off..

what to do with vacant land

I purchased some land outside of Tucson in the 60's and the taxes were nothing for many years however they..

Refinance mortgage at lower rate or pay down current loan?

We own a condo and owe about $100k on our current 30 year fixed mortgage (5.125% interest rate) and would..

Government Grant

Terry, what's the best official website where I can do research on acquiring a Federal Government grant for property devevelopment?

mortgage with low credit score?

We live in Brookfield and have our home paid off and would like to move. Our house is not worth..

senior property tax freeze in cook county

My neighbor's house was misclassified for 50 years as a two story with full basement when in reality her home..

Refinance Mortgage?

I am in the 8th year of a 30 year mortgage @ 4.5% with 85K remaining to be paid. Would..

irrevocable trust for home

What are the pros and cons of placing a personal residence in a trust? Terry Says:  You titled your question...

First Time Home Purchase With Settlement Money

I have a question on this. I have decided to take half of my divorce settlement 26k after a year..

Paying off equity line of credit (second Mortage),

Terry, I had a $50,000 (elc). I've paid it down to $11,000. The bank caught me at a bad time...

Closing Fees & Attorneys

I just received and accepted an offer on my single family home. I have 4 days to find an attorney...

money

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