Housing / Real Estate Questions

Mortgage refinance

In 07-08 I was fighting stage 4 cancer. Thank God survived. Went back to a great job but they then...

HELOC and death of husband

My husband recently died at age 54. We have a HELOC with Chase Bank that became due just before his...

Upside down property… What to follow?

I lost my job in 2013 and my husband took on my debt. Our home was once worth $315,000 but...

Heloc

I have $30,000 HELOC I have no other debt I make $90,000 a year I am 55 years old I...

FHA removal notification

I just received a letter advising that I could remove the FHA mortgage insurance. The letter says my house is...

Pmi

I still have pmi insurance on my mortgage however since I purchased my home as a foreclosure and the market...

Kudos Terry ” 5 things to know about mortgage documents”

You start out the article stating "Your home is likely the most expensive purchase you will ever make". GREAT JOB!!...

Mortgage payoff?

Hello, Terry. First, I ALWAYS enjoy your segments on WGN. Thank you for volunteering your advice. I have often heard...

Special Assessment on Rental Condo

Hi Terry- I have a condo that I rent out in Florida and there was a $10K special assessment passed...

Sell my townhome?

I am single and 10-15 years from retirement. My townhome will be paid off next month. Should I sell it,...

Refinancing

Terry, I have approx $75,000 Remaining on my mortgage at 5.5 per cent; however I also have about $40000 in...

Mortgage — adjustable rate

My ARM is at 3.50% and is due May 2020. I plan on selling my house by then . Should I...

reverse mortgage on death of a spouse

we have a reverse mortgage...I am 65 plus...wife is under 65, If I pass does she get to keep the...

Helping kids out with down payment on first house.

We would like to lend out kids $20,000.00 as a down payment on their first home so that they can...

Refinancing

Terry, my wife and I have a mortgage at 8% and we've tried to refinance. We were wondering if you...

Lower Mortgage Payment

Terry, I closed on my new home in 8/2008 and refinanced in 7/2010 to lower my interest rate from 6%...

mortgage modification – stop making payments to qualify for HARP?

I'm 69 in September. owned my house 31 years. Husband died 2008, daughter 2013 leaving me 11 year old grandson...

Use the money for a down payment?

I had a little over four thousand sitting Charles Schwab account earning 00.1percent so I decided to take those funds...

Refinancing an interest only mortgage

What is your advice in finding out the best avenue for refinancing an Interest only mortgage? (Yes Variable Rate) Terry...

MORGAGE RATE

HELLO I AM NEW HOME OWNER FOR A YEAR NOW AND MY ENTREST RATE WAS 3.75 WAS THAT A GOOD...

money

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