Need advice

[/u/Miserable-Mention-84]

My wife and I are wanting to sell our home and buy a new home. We have about 120k in equity. We also have some debt that has hurt my credit and hers so some degree. My Fico is a 530 and hers is in the mid 600s. The equity in our house will be used to pay off all debt we have. The rest will be saved or put towards a down payment on a new house. My question is will my Fico prevent us from being able to buy a house, especially if we are going to pay off all the debt with the equity? What is the best way to go about selling ours and buying a new one and starting fresh? Also for those wondering my wife graduated dental hygiene school (she was out of work for a while hence the debt) so we are in a better place financially now, we just want to start fresh and also need a bigger place with 3 kids.

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Need advice
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