Housing / Real Estate Questions
Will reits go away anytime soon?
Will reits go away anytime soon? And if so, why? Thank you. Terry Says: REITS are Real Estate Investment Trusts...
Retirement with mortgage, and home upgrades?
I am over 60 and ready to retire. I have a 150,000 mortgage and 250,000 in a 401(k). I am...
Upside Down Mortgage Refi
Any suggestions for assistance on refi of upside down mortgage with a revolving loan at 14.49%. Mortgage bal 185,000, revolving...
Condo vs. returning to family home
Currently my mortgage and assessment exceed 60% of my income. Would it be wise to sell the condo and move...
REFINANCING small mortgage balance
Hi Terry, Is there any option,or can you suggest a strategy when the mortgage owed amount is only around 29,000.00...
Senior Citizen Assessment Freeze Exemption
My mother is 80 years old and has owned and occupied her home for 41 years. Twice we have applied...
Paying Down Mortgage before Retirement
We have approx. 160,000 left on our mortgage, we have about 600,000 in investments. My wife and I also have...
Underwater mortgage
I owe $40,000 more than my home is worth. I do not qualify for harp as my mortgage is not...
joint tenancy in an unmarried situation
I live in a new townhome for the last 9 years with my boyfriend...our intentions were to marry and build...
Cook county real estate tax exemptions
My mother age 70 is now living in my condo. She cant afford rent elsewhere, so i cannot sell this...
Cook County Taxes on late father’s house
Hi Terry, I have been searching the Cook County website for this question and did not find anything. My father...
Wisconsin property gifted by parents, shared with sister
Terry, Do you suggest having living trust done for my 1/2 of Wisconsin property that my sister and I were...
Timeshares
Thank you for taking the time to read this. Seeking information/advice for a reputable, secure & permanent solution to getting...
put money into 403B (pre-tax) or pay down mortgage
I am 69 years old and although I have no plans to retire in the the next few years, I...
Real estate taxes too high- -can I object?
Hi Terry, I own two houses in Franklin Park IL. One is a typical ranch style type which is very...
Buying 2 Condos for investment
How to buy 2 condos for investment in my IRA account, How to use IRA funds to purchase /pAY FOR...
10-Year Call Notice on 30-year refinance
In December 2012, my application for a 30-year, 3.125% home loan at Lisle Savings Bank was accepted. My credit score...
Paying mortgage off early
I'm 55 years old I want to pay my mortgage off by age 60. My mortgage company's aids I have...
Mortgages
What is the waiting period for getting a mortgage after you have done a short sale? Thank you. Terry Says: ...
Buying Home despite IRS payment plan
We are on a payment plan with the IRS, will that stop us from buying a home?I was already approved...
