Housing / Real Estate Questions
Selling a House Now
Hi Terry, I just heard your segment on 720AM in Chicago and I have a question that I hope you...
Investment after sale of family farm
We sold our family farm, I received $216K. I paid off credit cards and bills, I put money into my...
REVERSE MORTGAGES
Approaching the age of 62 in May, and may be interested in applying for a reverse mortgage.I sent for information...
Pay Off Our Mortgage?
Hi Terry, My wife and I are both 30 and recently married. We have no debt other than a couple...
Reverse Mortgage
My husband is considering it. Is it a good idea or not? Terry Says: I'm a big fan of reverse...
As a single senior, rent or buy a residence?
I am a single young (67) senior who recently sold a home that I knew would require significant near-term upkeep...
Mortgage Documents
Where or how can I get a copy of your 5 Things to know about mortgage documents that I can...
bi-monthly and / or extra toward principle?
If I borrow, say $50,000 for 15 years at 4.74%, what makes for the quicker payoff? Paying monthly but adding...
borrowing from retirement plan for down payment?
Hi Terry I'm in the market of buying a house. I have been preapproved of a purchase price of 250,000....
Taxes on paying off mortgage
Terry, I am 67 want to pay off mortgage with a IRA Matured CD. Do I have to pay taxes...
Escrow
Refinanced in 2013. Ocwen Mortgage bought the contract. They raised my monthly payment by $160 a month.said I was behind...
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...
