Housing / Real Estate Questions
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...
Mortgage foreclosure
Terry, My home is in the early stage of foreclosure, just because we were short on one payment. The company...
reverse mortgages
Please advise on the best source for reverse mortgages. What is your opinion of AAG? Thank you. SAVAGE SAYS: Well,...
Home mortgage — pay off?
I am retired and my wife is still working we have a small home mortgage ($76000) my interest rate is...
Should I pay off my mortgage?
Hi Terry, I am questioning on whether I should pay off my mortgage ($32,000). Currently my monthly mortgage payment is...
Can second mortgage lender foreclose?
Hi Terry. Our 2nd mortgage holder is threatening to start foreclosure proceedings on us. My ? is can they do...
Rent in Senior Housing or buy a Condo under $50,000.00 as first time buyer?
Hi,Terry how are you doing? I am living in a apt.,with a bad smell inside and neighbors who are very...
Home equity guarantee taxable?
Was able to collect 39,563 under the southwest home equity assurance plan. They told me it was tax free because...
