Can You Sell a House with a Mortgage?
Posted by Pinpoint Listings Marketing Group on
Can You Sell a House with a Mortgage?
Yes, it is possible to sell a house with a mortgage. When you sell a house with a mortgage, you are responsible for paying off the remaining balance on the mortgage before the sale can be completed.
Here is a general overview of the process for selling a house with a mortgage:
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Determine the sale price: The first step in selling a house with a mortgage is to determine the sale price. This will depend on the value of the home, as well as any upgrades or improvements you have made.
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Determine the remaining mortgage balance: To determine the remaining mortgage balance, you will need to contact your lender and request a payoff statement. This statement will show the total amount you owe on the…
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