vilchudo Posted May 8, 2007 Report Share Posted May 8, 2007 Hello everybody!, I am new in this forum and I would like to take the opportunity to thank you in advance for any advise you might be given me.I am planning to sell my home in the medium term (around 4 months from now) however, I have unpaid debt in my Credit report, so of them I am working now to settle. The amount is around $20KI would like to know if this matter affects me in any way to sell my home?Thank you so much for your comments! Link to comment Share on other sites More sharing options...
willingtocope Posted May 8, 2007 Report Share Posted May 8, 2007 Welcome...Having unpaid debt won't affect selling your home in any way....unless your creditors have liens against it.However, if you make a profit, and your creditors find out...they're going to want some of it.... Link to comment Share on other sites More sharing options...
boomer Posted May 9, 2007 Report Share Posted May 9, 2007 Be aware as I sold my home almost a year ago (decent profit) but I am still repairing to purchase another. If your credit is that damaged you may not be able to re-purchase right away. If you are not prepared to rent you may want to stay and repair first. Link to comment Share on other sites More sharing options...
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