You can sell your house to whoever you want to. HOWEVER, if it is going to end up being a Short Sale if you sell it at market value, you cannot sell it to your spouse. Your lender(s) will have you sign an Arms Length Affidavit stating the buyer is not a spouse, family member, etc.
I believe that you won't have any trouble purchasing a home, but there may be tax implications when you sell. You should speak with a CPA. I can send you a referral if you need one.
214 966-2100... more
Mommie, there is not enough information here (nor would I recommend you post such information here) regarding your credit, income and assets for anyone to make a plausible response. Contact a mortgage broker in your area and let them pull your credit to determine the possibility of obtaining a mortgage.
But keep in mind that the days of having no money, little credit and limited income, and still having a lender approve a loan are gone and won't be back anytime soon. Lenders understand that folks with poor credit have poor credit for a reason and are a much higher risk for mortgage default.... more
Good Morning, this is a great question; however, since Dallas is very large in size, it would be best if you could provide a specific zip code or neighborhood, so that you may be given an average price that is based on your particular needs.... more