How hard is it to sell your home while in a 13?

[tm0101]

I know the proceeds will be used to pay the debt, besides that. Are there any other issues that could make it difficult? I owe a little over 20k left to creditors, there should be over 35k net from a sale.

[justbroke]

Actually selling and closing on a home is more difficult than obtaining Trustee/court approval.

[tm0101]

Ok, you maybe right, but I have to try.

[justbroke]

I meant that in the most positive manner. I mean, there's more paperwork, listing, showing, worrying with selling a home, than filling out the motion for permission to sell.

[tm0101]

I understand, it can be difficult to sell a home and I really hate showing and dealing with all that comes with it. But if I can get close to what I’m asking, I can discharge this chapter 13 early and move on.

[BrokeinCA]

I've thought about this very thing should I be forced into chapter 13. I assume this will only work if you are in a 100% payback plan correct?

[tm0101]

Yes, that’s correct.

[tm0101]

Got an offer of 5k over asking, which will totally payoff the chapter 13(100%). Waiting on the trustee to approve.

[sophieanne]

Congrats and good luck!

[justbroke]

Yes, congratulations on a fast contract and I wish you the best with the Trustee and closing.