can I still sell my house, even if the refinacing loan is not paid off yet?

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can I still sell my house, even if the refinacing loan is not paid off yet?

2007-05-13 06:13:40 · 2 answers · asked by uditnarayan11 2 in Business & Finance ➔ Renting & Real Estate

2 answers

Yes. at closing the amounts you owe to others will be deducted from your proceeds.
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2007-05-13 06:18:36 · answer #1 · answered by Robert L 7 · 0⤊ 0⤋

yes. You can arrange for the loan to be paid off from the proceeds of the sale. In fact, the loan company will probably insist that their loan be paid off from the buyer's money before you receive your share at the closing. It happens all the time because nearly every homeowner has a mortgage.

2007-05-13 13:19:01 · answer #2 · answered by hottotrot1_usa 7 · 0⤊ 0⤋