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After you sign all of the documents you’re required to complete at the closing table, your title agent can send off your final mortgage payment and officially transfer the title to the buyer. Once you sell your home and pay off your home loan, you’ll ideally have enough money left over to put into a savings account or use for other purposes.

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Please tell me how I can retain the home, and the school for my daughter, and have my husband move out, without having to buy him out (He has refused to do so for years). Brette’s Answer : It is common for the residential parent to have the right to live in the marital home until the children are grown.

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