Here's my advice. Pay off your debt then get a Home Equity Loan to fix up your house. Rates are low for HELOC's everywhere plus you get a tremendous tax break. This way you can wait out the current downward real estate trend while building more equity into your house. Also once you pay off your debt, you will see a significant positive bounce in your credit score some 30-90 days afterwards which will help you get the best HELOC rate available to you.
While you never want to pay off your mortgage (for tax reasons), make paying off your debt the most important factor in your decision.
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Here's my advice. Pay off your debt then get a Home Equity Loan to fix up your house. Rates are low for HELOC's everywhere plus you get a tremendous tax break. This way you can wait out the current downward real estate trend while building more equity into your house. Also once you pay off your debt, you will see a significant positive bounce in your credit score some 30-90 days afterwards which will help you get the best HELOC rate available to you.
While you never want to pay off your mortgage (for tax reasons), make paying off your debt the most important factor in your decision.
Best,
MYN