OK, Thank you for the advice, I plan to pay off all my credit card debt with proceeds from the house sale. I also plan on rolling over my 401k into an IRA for at least a year (until I purchase another home, at that point I will probably roll it into my new employers plan). Am I correct in thinking that at that point I will be able to withdraw from the plan towards the purchase of a home without paying any type of penalty? Am I being foolish??? Thanks in advance...