Housing / Real Estate Questions
Borrow from 401K for condo purchase
On your WGN segment this morning, you stated that it was a very bad idea to borrow from a 401K..
Sell house or rent it?
Should my wife and I sell the house we are downsizing out of and invest the money in the stock..
House taxes
Good Morning! Husband and I bought a house in the south suburban area 3yrs ago and we have noticed that..
Purchase Manufactured Home?
Dear Terry: We live in the Pacific Northwest (Columbia Gorge) where housing prices are above national average. The mobile home..
Tax rate on 401K withdrawals to buy7 house
If I take out $150,000 dollars from my 401K to put a down payment on a house and I’m only..
identity theft and property
Hi Mrs Savage, you have helped me before , my house is paid for and i keep hearing that someone..
Early IRA Withdrawal
Hi Terry, In order to avoid having a sale contingency on my new home purchase, I would like to withdraw..
Paying off our mortgage before retirement
Hi Terry, I’m retired and my wife is still in the work force. We only have about $14,000 or less..
Capital Gains on sale of a house
A friend in Seattle, working for Walgreens, take a new position with Walgreens in late 2020 that causes her to..
Withdraw from IRA to pay mortgage
I’m 74 & a widow, have teacher’s pension (106,000.), 400,000 in IRA with TRowe, mortgage balance is 202,000. Should I..
Large payment on mortgage vs saving account
I have a balance of $184k on my mortgage, with an interest rate of 2.75%. I’m wondering if it would..
Buying home at 70 years old
Hi Terry I am 70 years old, want to relocate to warmer climate have approx 1M liquid, would it be..
co-signing for a mortgage
Hi Terry My niece, Jenna, recently ask me to be a co-signor for a home mortgage. She will not qualify..
Capital gains on home at beach not rented out
Just sold vacation home at beach after husband died (3 yrs) but capital gains very high. Have lymphedemia from cancer..
Sold home that family member lived in
Terry, I love seeing you on WGN morning news. You always have great info. I can’t find exactly what I..
First time home buyer
Hi Terry, Love listening to you on WGN! My husband and I are first time home buyers in the northwest..
Extra retirement income
Hi Terry I am 1-1/2 years from retiring and for extra money in northern wisconsin I have a new cottage..
Mortgage payment
I am 84 yo. I have a 55,000 mortgage at 2.70 interest rate. I have $300,000 in savings…. Should I..
Family member gifting from abroad
My parents are still alive and live in Ireland. We are currently looking for a house. My parents are gifting..
VA loan for new construction
Hey Terry, I just spoke with you on WGN radio about a new build and trying to lock in a..