A lien is a legal claim that can affect a property's title 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.
When you sell to us, we pay the closing costs. Your liens are paid off from the sale at closing.
The lender, creditor, or tax office confirms its current balance and payoff instructions. The title company checks ownership and recorded claims for the transaction and works with the responsible party on the closing paperwork. Mortgage balances, liens, back taxes, and your share of current property taxes are separate from closing costs; those amounts are addressed in the sale's closing figures.