Can you sell a house if you have a mortgage on it?
Yes you can sell a house if you have a mortgage on it but its usually better if the mortgage can be bought out or refinanced.
Answered by Paige D. -
About Mortgage
A mortgage is a loan that is secured by a property/house and is paid in installments over a set period of time. For buying homes, mortgage loans are used almost always around the world, only in rare cases are cash or other forms of credit used for payment. The word mortgage comes from a Law French term meaning ''dead pledge.'' This means the pledge ends when the obligation is fulfilled, or the property is taken through foreclosure.
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