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Because the line of credit is secured by your current property, it must be paid off when you sell your home.
The short answer is No. The line of credit is secured by the property and I don't know any banks that would transfer the liability to a new property.You could always pay the line of credit off with a personal unsecured line of credit, but the interest rate will likely be higher.If your selling the property then all liens need to be paid off prior to transfering equitable title. You should speak with a local realtor in your area along with a banker.Best of Luck!
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