Housing / Real Estate Questions
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...
MORTGAGES AT RETIREMENT
Terry: I plan on retiring in 6 years and think that I should pay off my mortgage, but my husband...
REIT in rising interest / tapering QE3 environment
I own a currently publicly traded REIT which was originally a private, non-traded REIT that went public in 2013. I...
Foreclose or not to foreclose
I am going to try and make this short. My mortgage is at 6.5%. I cannot refinance because I am...
Buy or Rent in Retirement?
My wife and I will both be 65 when we plan to retire in June, 2014. My job of 43...
Can I afford to buy a home?
Terry,, I met you recently during your Allstate Book Tour stop in King of Prussia, PA. I am 26 years,...
Pay Down HELOC or Start Saving
Hi Terry, my husband and I are both 51 and have been married for 20 years. We have a 530k...
Underwater Investment Property
I purchased a rental house 10 years ago that has never been profitable. Over the last 10 years I have...
mortgage help
i had jp chase for my loan on my house I applyed for a modifcation and was denied the federal...
Using home equity to purchase an investment property
Hello Terry, My husband and I have about $175k of equity in our home. We would like to purchase an...
JP Morgan/Chase settlement with the government
In reading about the record penalty assessed against JP Morgan/Chase for its part in the 2008 economic meltdown, articles said,...
401k or Pay Down Mortgage?
I have approximately $300,00 in 401k and I'm 58 years old. I owe $120,00 on mortgage, and contribute 25% of...
A mortgage with 5% down?
Hi Terry, I am thinking about relocating to the Southwest Michigan area but I have some issues: 1) I filed...