When you sell to us, we pay the closing costs. Your liens are paid off from the sale at closing.
A current payoff is the amount and instructions a lender, creditor, or tax office gives for a stated date. The title company checks the property records and works with the responsible creditor or office to confirm the figures and any release instructions for closing.
Closing costs are separate from your mortgage balance, liens, back taxes, and share of current property taxes. Those property obligations are accounted for separately in the sale; our closing-cost payment does not pay them for you.