I'm sorry if this is a stupid question, but I tried to search online and could not find anything. When selling a house, how does the seller get paid? Most home owners pay mortgages (or something similar) as it is unusual for someone to pay the full price of a house in one time. So when the seller of a house sells their house, do they get paid in full (the total amount of the house)? Or do they receive payments for the house?
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