vilchudo

Selling my home with unpaid debt

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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 $20K

I would like to know if this matter affects me in any way to sell my home?

Thank you so much for your comments!:p

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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....

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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.

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