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 the property or the money due at closing. The current payoff comes from the creditor or tax office that holds the account. The title company checks ownership and recorded claims and uses the confirmed payoff instructions in the closing figures.
Your mortgage payoff, liens, back taxes, and share of current property taxes are separate from the closing costs we pay. The responsible creditor or tax office confirms the amounts for the specific property.