thoughts/ideas? selling home

Discussion in 'Credit Talk' started by monmarabs, Aug 9, 2004.

  1. monmarabs

    monmarabs Active Member

    hubby and I have tossed around selling the house to pay off most of our debts and allow us to get a bigger home.
    Any thoughts on this? I know I need to talk to a lender and see what we qualify for, but if I am correct, selling our home would allow us to pay off three of our debts. The homes we are looking at will be financed through the builder and we will be bringing in enough money after the sale, to increase our house payment but get out of debt except for my student loans. Figuring up what I have, it will be easy for me to pay my student loans back because this will be the only bill besides necessities like electric, gas...
    Thoughts? concerns?

    I have no idea what a lender will say. I am waiting to discuss with one our options, but we will likely do VA again.
     
  2. bottomline

    bottomline Member


    For help with your student loans and credit card debt check out this site.

    newleafassociates.com
     
  3. monmarabs

    monmarabs Active Member

    I will check them out.

    I just wanted to add that we are in a good market right now and stand to make a good deal of money off our home, which would allow the paying off and financing more for a new home.

    didn't want it to seem like we were being random with our thoughts.

    All the builder asks is that we get pre-qualification with a mortgage company.
     
  4. monmarabs

    monmarabs Active Member

    I will check them out.

    I just wanted to add that we are in a good market right now and stand to make a good deal of money off our home, which would allow the paying off and financing more for a new home.

    didn't want it to seem like we were being random with our thoughts.

    All the builder asks is that we get pre-qualification with a mortgage company.
     
  5. Lovely

    Lovely Member

     

Share This Page