Housing / Real Estate Questions
Paying off my mortgage
We have eight years left on our mortgage we’re going to retire in two years. Should we take money out..
Best choice to finance a new home purchase without having to sell first
We would like to have funds available ($400K total) to purchase a more livable forever home. We are 62 and..
HELOC for Investment Properties
I am having a hard time finding a bank that will provide a HELOC for an Investment property. I want..
Home equity loan
We are wanting to get a home equity loan to buy a truck and remodel the kitchen, what is the..
Mortgage Pay Off
If I plan to stay in my condo for only the next 5-6 years, which I still owe approximately $166,000),..
Capital Gains on sale of farm
Thinking of selling a farm and wonder much my wife and I have to claim as capital gains?
ARM – LIBOR Index vs SOFR
I have a 5/1 adjustable mortgage interest rate, max 8% and I have had the loan for 7 years. My..
Best financial option for 2nd home purchase.
Curious about best options to purchase a second home out of state; home equity combined with cash, full 2nd mortgage..
Avoid getting clobbered with property gains taxes
I own a property, condo, since 1978, have rented it out since 1988, have depreciated it over the years. I’m..
HELOC
Got a heloc 10 yrs ago, current balance is 70.000 was thinking of redoing it, spoke to BOA and was..
Home purchase assistance for a son
Background: My sons (ages 25 and 29) bought a house together in 2019 and after refinancing currently have a less..
Reverse mortgage advice
Am 81yrs young. Been checking the viability of selling my house and renting. Max rent is $2000. Home is paid..
choosing a new investment firm
My current firm(Cetera) will not write a letter of intent to transfer retirement funds monthly into my checking account in..
HELOC Interest Rates
Hello Terry, Is there anything I can do regarding a HELOC with an interest rate that’s gone from4.5% to 7.33%..
Age 77, first time home owners-tax documents needed
My husband and I purchased our first home, age 77, it’s tax time very soon, what paperwork do we need..
Taxes on Mortgage Buy-out?
Hi Terry, My ex-boyfriend and I bought a house together in 2019. The mortgage was only in his name and..
Heloc
If I take out a Heloc for home improvements 4-5 prior to retirement can I still sell my home?
Remodel or Tear down
I am a new widow, live in a spot my kids and I love, Fontana, Wi. My house is 1890s..
Gifting money from an IRA or 401K
I would like to gift my son money from my IRA or 401K for the purchase of his new home...
how long to keep records of mortgage refinancing
We have refinanced our house several times over the years and every time we do we sign all new papers..