Housing / Real Estate Questions
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...
tax consequences of an ira withdrawl for a down payment on investment property
Terry, I am turning 70. My wife and I still work, and own our home. We would like to buy...
home sale proceeds
Hi Terry, we are in the process of selling our home of 38 yrs and moving to Florida, we've already...
When to apply/qualify for a mortgage for a retirement home?
I expect to retire within a year and relocate across the country (my retirement date is flexible, and I will...
Rent Subsidy
Terry, I've read that the surest route to bankruptcy is being a "single mom no child support. HUD rental assistance...
Is there a tax savings on a second home mortgage?
My son and I have a home in joint tenancy where the mortage is in his name and I pay...
refinance
I need to refinance my house but I owe more than my loan and my credit is not great. However...
Qualifying for a Mortgage After Retirement
Terry, I am confused regarding your answer to "Buy Or Rent In Retirement". You told the gentleman that he would...
Home refinance
I would like to refinance my home to get a lower rate. Is it a good idea to include my...
