Quantcast
Home / Columnists (page 43)

Columnists

Feed Subscription

Not greener over the septic tank (access required)

When we sold our home in Wisconsin the septic system inspector noted the "septic drain field mottling" was too close to the top of the ground. In his report, he noted the septic system was operating properly but probably would not pass inspection. The buyer wanted us to replace the field with an engineered system.

Read More »

Stuck in a reverse-mortgage mess (access required)

My husband took out a reverse mortgage in 2005. I was 58 and he was 62 at the time. I had to give him a quitclaim deed, and later I was put back on the deed. We have contacted our lender and asked if I could be put on the reverse mortgage or refinance it. They said no to both. We have tried to refinance with other companies, but were told we would have to come up with at least $30,000 to do this!

Read More »

Seek annuity assurances, or sock cash into stocks (access required)

I'm a 74-year-old widow with an $87,000 certificate of deposit coming due next week. I visited two brokers. Each wants me to buy a variable annuity, and both sounded very good. I've enclosed my notes and the pamphlets and prospectuses in this envelope. What do you think? If you don't care for them, please recommend five or six stocks paying at least 5 percent that a gal like me could comfortably live with. I can afford moderate risks.

Read More »

Say “Hello” to HELOC (access required)

I have about $40,000 left on my 15-year fixed mortgage at 4 percent interest. I owe about $13,000 on a home equity line that is 2.99 percent variable rate. I have a $100,000 equity line open. I have no other debt. I am considering paying off my remaining mortgage with the lower-interest home equity line. Do you think that is a good idea since I am giving up a fixed rate for a variable rate?

Read More »
Scroll To Top