When you sell to us, we pay the closing costs. Your liens are paid off from the sale at closing.
A lien is a legal claim that can affect ownership records or the money due when a house sells. A payoff is the current amount and instructions a lender, creditor, or tax office gives to clear an obligation. Mortgage balances, liens, back taxes, and your share of current property taxes are separate from the closing costs we pay; the settlement figures show each item separately.
The title company checks ownership and recorded claims for the sale. The creditor or county office named on a notice confirms its current payoff amount and release instructions.