Housing / Real Estate Questions
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...
Reverse mortgage for Mom?
My mom is 76, and she is running out of money. She feels like she needs to sell her house....
Home Equity Line of Credit or Mortgage — pay which first?
Hi Terry, We owe 100,000 on our home. We just took a variable rate {4.24%}Home equity line of credit for...
Reverse mortgage impact on senior med program?
We own our home. Have no debts. Payoff our charge cards monthly. Our only income is Social Security. My husband...
Heloc — wait to repay or now?
My heloc matures in February 2020 and I have a balance of $10,200.00. I understand rates are going up and...
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...
