Housing / Real Estate Questions

VA loans &PMI

Read article on VA loans in local paper. If i read this correctly you wont have to pay pmi with...

VA mortgage.

I read your comments on VA loans today. I am a vet, with an honorable discharge, and live with my...

buying a first home

My husband & i are trying to buy a home.Both our credits are not good, b/c we dont have any.What...

mortgage

We bought our house at the top of the market, put 50000 into it by finishing the basement and adding...

Refinance for lowere interest rate

I have a rental property that is underwater(worth 122,00 and owe 133,00) I would like to refinance to a lower...

getting a mortgage from my paid off house to invest

Hi Terry I paid cash for my house and I have a financial planner,he told me to take out a...

selling rental property

My husband and I are retired and have a rental condo unit that we would like to unload. It has...

Gift giving for child’s home purchase

We want to give 10 thousand dollars to our daughter to purchase a home. Is a gift tax free and...

Mortgage Rates For Older Veterans

Hi Terry, I am an older Veteran who served in the military in the late 60's, Do I qualify for...

2nd mortgage for vet.

My son has a home. He is a desert storm vet. He has been able to get his main motgage...

first time homebuyers – mortgage ?

My daughter is getting married and they want to buy a house - first time home buyers - what mortgages...

Selling my house

I am thinking of selling my house. My son replaced all the kitchen appliances with stainless steel ones. .. not...

Recession: Renting out my house. Sell in 2015 or wait ?

Hi Terry, Due to job loss, income & medical issues I have been renting out my house for 2 years....

How to convince my mom to sign a promissory note?

Hi Terry, How do I convince my mom to sign a promissory note? I'm buying her part of the share...

home mortgage pay off

Hi - What is the best way to pay off my mortgage early? I currently have a 30 year fixed...

Financing for Mobile Home

Can you please give me advice on how to get financing for a mobile home that will be in an...

Commercial Mortgage Bridge Loans

I heard a financial planner on WGN talk about the above bridge loan which returns 6% on a one year...

home equity enough for refi?

HI Terry. I owe 30000 on home equity. My mtg. Is 230000. The bank wont let me refinance mtg. And...

2nd property paid for but want to invest in rehab

A second property is fully paid for. We can't borrow against our primary residence to pay for $75,000 rehab. Should...

Reverse Mortgages — how to get counseling

I read your article in Sunday's Tribune about Reverse Mortgages, good article. The article says that the government requires you...

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