Housing / Real Estate Questions

HELOC

I have a $53,300.00 HELOC. I have no debt. My townhouse is worth about $250,000. I am 76 year old..

Mortgage refinance

Hi Terry, I’m looking to pull some money from the equity of my home to pay for repairs and credit..

Trust

Several years ago I set up my house in trust. However I have never been billed nor paid an annual..

HOA dictated deck replacement

Can an HOA demand money to replace our deck when replacement not needed. This has been done early December demanding..

How to get out of debt, sell my house?

I’m 73 years old. Own my own home with an approximate value of $300,000 with a remaining mortgage of $120,000..

Real estate

Hello Terry, I’m 53 years old and have never purchased a home. I’ve had an aversion to being tied to..

Foreclosure

Hi I was behind on my mortgage but was in contact with my lender and now I may be forced..

Reverse mortgages

Hello. My husband and I are 74 years old, and the balance on our mortgage is $165 thousand. With approximately..

Home loans — best deals

Is it better to use a credit union or a bank for a loan

Real estate & medicaid

My ex owns property (3/4), including the house he lives in with his sister. He took out a reverse mortgage..

Appeal Cook county reassessment?

Hi Terry! I live in Arlington Heights and my assessed value of my home went up from $274,000 to $380,000!..

Home Equity line of credit to buy another house

In order to be a cash buyer I would like to open a line of credit again my home It’s..

Amendments to remove home from a Revocable living trust.

I want to remove my home from my living trust so I can sell it . Do I need a..

Should I take a loan vs cash purchase for real estate

I am considering a purchase that is several hundred thousand dollars and am wondering if I should borrow the money..

whether renter should pay homeowner’s costs

Hi Terry, My adult daughter is renting part of a house that is owned by a friend, and the friend..

How to Find a Good Tax Preparer

Over the past 9 years, I have had 5 different CPAs/Registered Agents to prepare the tax returns for an irrevocable..

remortgage or refi or anything else?

Hi Terry Just watched your segment and my wife and I hoping you could help. We have a great 15..

Reverse Mortgage — loan is more than house is worth now

My wife’s mother is 89, living in a house with a reverse mortgage. The loan balance is way more than..

Capital gains

Hi Terry. All HR Block offices are temporarily closed by me. Tried asking Realtor Attorneys but they won’t answer a..

mortgage

Hello, my husband and I just recently purchased a home, is there something that we need to keep focused on..

money

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