Before Selling, Speak With Your Mortgage Company
Ginamarie Olson • November 15, 2024
Home Seller Tip: Consult Your Mortgage Company Before Selling! 🏡💬
Thinking about selling your home? Here’s why it’s crucial to speak with your mortgage company first
- Understand Payoff Amounts - Get clarity on your mortgage payoff balance. This information is vital for setting a realistic selling price that reflects your financial situation.
- Discuss Prepayment Penalties - Some mortgages may have penalties for early payoff. Understanding these fees will help you strategize your next steps effectively.
- Explore Financing Options - Your mortgage company can provide insights on how selling your current home might impact your next home purchase or refinancing options.
Being well-informed empowers you to make the best decisions when selling your home. Don’t leave money on the table—consulting with your mortgage company can make all the difference!
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