Not all the money goes to the home owner. Typically some goes to the bank for the mortgage, some to the buyers agent, some to the seller's agent, some to taxes

Not all the money goes to the home owner. Typically some goes to the bank for the mortgage, some to the buyers agent, some to the seller's agent, some to taxes/fees, and so on. The escrow/title company calculates all of this and ensures everyone gets their money.