Thinking of Selling Your House to Pay off Debt? Read This First
DISCLAIMER: This article is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. HomeLight always encourages you to reach out to a qualified advisor regarding your own situation.
You’re living in your dream home but struggling to make your mortgage payments every month. Your credit cards are maxed, and you don’t even know the meaning of the phrase “disposable income.” However, your home is your most valuable asset, leaving you to ask, “Should I sell my house to pay off debt?”
Selling your house to pay off debt is more common than you might think, but putting your home on the market is difficult.
Before deciding if 2024 is the year you sell your home to pay off debt, read this advice from top financial advisors and real estate agents.