What Are the Steps to Sell a House in Arizona With a Mortgage

 To sell a house in Arizona with a mortgage, request a payoff quote, calculate your net proceeds, work with an experienced agent like Long Le, and ensure the loan is paid off at closing. The process is straightforward with proper planning and support.

Selling Your Arizona Home with a Mortgage: A Step-by-Step Guide

Yes—you can sell your home even if you still owe money on it. In fact, most Arizona home sellers still have a mortgage when they list.

But selling with a mortgage takes planning, paperwork, and clear communication with your lender—and it helps to have a trusted expert like Long Le guiding the process.

Let’s break it down step-by-step so you can move forward with clarity and confidence.

Step 1: Know Your Mortgage Payoff Amount

Your mortgage balance is not your payoff amount. Here's what to do:

• Contact your lender and request a “mortgage payoff quote”

• This includes principal balance + interest through a specific date + any fees

• It’s usually valid for 15–30 days

💡 Tip: Request your payoff early in the process. You’ll need it to price correctly and estimate your profits.

Step 2: Estimate Your Net Proceeds

Use this basic formula:

Sale Price – (Mortgage Payoff + Closing Costs + Agent Commissions) = Net Proceeds

Common closing costs for Arizona sellers include:

• Title & escrow fees

• Agent commissions (often 5–6% total)

• Seller concessions (if negotiated)

• HOA transfer fees (if applicable)

Long Le offers a free seller net sheet so you can see what you’ll walk away with—before you even list.

Step 3: Prepare Your Home for Maximum Value

Even with a mortgage, your goal is the same: sell for top dollar. To do that:

• Declutter and deep clean

• Handle any minor repairs

• Boost curb appeal

• Consider staging if the home is empty
  

A well-presented home sells faster—and helps you avoid price reductions that eat into your equity.

Step 4: Choose an Arizona Real Estate Agent (Like Long Le)

Selling with a mortgage doesn’t require a special license—but it does require expertise.

An experienced agent will:

• Help you price based on your payoff amount and profit goals

• Market the home aggressively

• Negotiate in your favor

• Coordinate with escrow and your lender at closing
  

Long Le specializes in helping sellers with existing mortgages sell confidently without surprises.

Step 5: List the Home and Accept an Offer

Once your home hits the Arizona MLS:

• You’ll start showing the property

• You may receive offers quickly if priced right

• Review all offers with your agent, focusing on price, terms, and contingencies
  

Once accepted, you’ll enter escrow—usually 25–35 days until closing.

Step 6: Work with Escrow and Title to Pay Off Your Loan

When you’re in escrow:

• The title company contacts your lender to confirm your final payoff

• They’ll ensure the mortgage is paid off in full from the buyer’s funds at closing

• You won’t need to write a separate check—the payoff is deducted from the sale proceeds
  

Once closed, your mortgage is officially paid off and your lien is released.

Step 7: Move Out and Close

You’ll usually hand over keys at closing or shortly after, depending on the agreement.

After closing:

• You’ll receive your net proceeds via check or wire

• Your lender sends a final loan statement and confirms the loan is paid
  

That’s it—mortgage gone, home sold, equity in your pocket.

Frequently Asked Questions

💬 Can I sell my home if I’m underwater (owe more than it’s worth)?

Yes, but it’s more complicated. You’ll need to bring cash to closing or explore options like a short sale. Speak with a real estate expert before listing.

💬 Do I need to pay my mortgage while the home is listed?

Yes. Keep making payments until the home is sold and the mortgage is paid off at closing. Otherwise, late payments could impact your credit and delay closing.

💬 What if I want to buy another home right after selling?

Long Le can help you coordinate both timelines, ensuring you sell your current home and secure your next one without financial stress.

You Don’t Have to Navigate This Alone

Selling a house in Arizona with a mortgage is common—but that doesn’t mean it’s simple.

📲 Connect with Long Le today for a free home valuation, net sheet, and personalized strategy to sell your home confidently and walk away with maximum profit.

Whether you’re moving up, downsizing, or just ready for a change, we’ve got your back from start to finish.