What Sellers Need to Know About Dealing With Mortgages Before the Closing

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Most sellers have one mortgage on their property and may also have a home equity line of credit as well. These mortgages are liens on title and must be removed before or at the closing. You may also have paid off a mortgage and it still appears on title. How do you deal with these different mortgage situations when you are selling your home?

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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