What Really Happens When You Sell Your House for More Than You Owe on a Loan
What happens if you sell your house for more than you owe on your loan?
Sometimes, even if a home’s sales price is higher than the mortgage amount owed, a seller may not see a dime—or may even owe money at the closing table instead! Here’s how to figure out if you’re going to make or lose money when you sell your house.
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