 TITLE: Selling Your Home With a Second Mortgage CONTENT: Assess Whether You Will Make a Profit by Selling\n------------------------------------------------\nBefore you decide whether or not you will sell your house, you'll want to get an appraisal of your home and weigh its appraised value with the current amount owed on both of your mortgages. Consider how much you might get for your home given current market conditions, and then see if the profit will help you meet your next homeownership goals. For example, if you want enough for a 20% down payment on your next home, you'll need to compare the likely profit on your current home with the estimated sales price of your next home to see if that's doable.\nIf you find that you won't make enough selling your home to pay off your debts, or to buy your next property, you may want to wait for market conditions or your financial situation to shift before you move forward with selling. END