Bought our home for 230k in 2010. It will now sell for 390k. We are interested in buying our "dream home", which is 520k.
At this time we have $6k in owed taxes. Is it possible during the sale of our current house, or the purchase of the new house, to get out money to pay off the taxes?
I'm thinking this would be better than securing a personal loan since we will be applying for a mortgage.