What happens to my mortgage when I sell my house?

Unless your buyer “assumes” your mortgage (very unusual), your mortgage will be paid off when you sell your house, using the proceeds of the sale. Be sure to give your attorney your loan number and lender information so that he or she can handle the paperwork and make sure that the proper amount is paid off on the day of your closing. The same holds true for a home equity line of credit or second mortgages. 

Carol O'Connor Cadiz
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Attorney & Owner at O'Connor Cadiz Law: Injury & Accidents, Disability Insurance.