When you sell to us, we pay the closing costs. Your liens are paid off from the sale at closing.
A lien is a claim that can affect title or the money due at closing. A payoff is the current amount and instructions from the creditor or tax office to satisfy an obligation. Mortgage balances, lien balances, back taxes, and your share of current property taxes are separate items; the written account or payoff for each one is checked during the sale.
A tax bill or assessed value is not the same as a current payoff figure. The City Tax Collector can check Bridgeport property-tax account details; a lender or other creditor provides its current payoff information. The title company checks ownership and recorded claims and coordinates the closing figures.