Can I Sell a House With a Mortgage?

Yes. Most sellers still owe on their loan when they sell. Your remaining balance is simply paid off from the sale proceeds at closing.

How the Payoff Works

At closing, escrow requests a payoff amount from your lender and pays your loan directly. Whatever remains after the loan and costs is your net proceeds.

Understanding Your Equity

Your equity is your home's sale price minus your loan balance and selling costs. That's the cash you walk away with.

What If I Owe More Than It's Worth?

If your balance exceeds your home's value, options like a short sale exist. It's uncommon in today's San Diego market, but worth discussing if it applies to you.

Prepayment and Timing

Most modern loans have no prepayment penalty, but we'll confirm your terms so there are no surprises at closing.

Let's Estimate Your Net Proceeds

Reach out and I'll prepare a seller's net sheet so you know exactly what you'd walk away with after paying off your mortgage.