A lien is a legal claim that can affect the property or the money due at closing. A payoff is the current amount and instructions a lender, creditor, or tax office gives to satisfy an obligation. An older bill or recorded document may not show the current balance or release instructions.
When you sell to us, we pay the closing costs. Your liens are paid off from the sale at closing.
The creditor or tax office confirms its current figures. The title company checks ownership and recorded claims for the sale and works with the responsible parties on payoff details. Our closing-cost payment does not pay a seller's mortgage, liens, back taxes, or share of current property taxes; those amounts are separate.