What Happens to Your Mortgage When You Sell Your House?

by Redfin Blog

A white two-story house with a swimming pool, illustrating what happens to your mortgage when you sell your house.

When you sell your house, your mortgage is paid off at closing from the sale proceeds. Here's how the payoff works, where your money goes, and when a buyer can take over your loan.

The post What Happens to Your Mortgage When You Sell Your House? appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

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