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Letting Go of Your House

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    The day escrow closes is legally confusing. You still own your house when the day begins at 12:01 a.m., but you aren't the owner of record when the day ends at midnight. Sometime during the day, the escrow officer notifies the buyer that the deed has been recorded, officially announces that the buyer is now the proud owner of your house, and, of course, gives you the money you're owed from the sale proceeds. Your sale is a done deal. Congrats!

    But in all the excitement, don't forget that you have to bid adieu to your house. This section helps you do that.

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    Mortgages on Zillow

    • Compare homes

      Shopping for a home is a lot like dating. It can be fun, and you might fall in love.

    • Shopping on the Internet

      Looking at homes online is a great way to acquaint yourself with what's on the market.

    • Working with a mortgage broker

      If you choose a mortgage broker, you work directly with her and she works with the lender.

    • Do the paperwork

      Read on to learn about the paperwork involved in a typical loan application.