Question by Ski_magoo: Can you use a personal loan to pay realtor fees?
Our family has been transferred, but we owe more on the house than it is worth. If we get an offer for what it is worth, can we get a personal loan for the cost associated with selling, ie Realtor fees. We can not sell it ourselves, because we are not living in the same state now.
I should add, we are currently renting and can not do short sale because we are not in trouble and do not want our credit score to go done, so that we can get another house.
Answer by jlf
Whether you can get a personal loan depends on your income and credit record.
What do you think? Answer below!