23. What happens with my mortgage once you buy my house?

On the day we buy your house, your mortgage is fully paid. By law, the professional title company that conducts the closing MUST payoff your mortgage and any other liens before they distribute the remainder of your money. Other house buying companies claim they buy your house for cash, but they only assume your loan and continue to make the payments. Not The Home Buyers, we only buy houses CASH, period!