Real estate deals are handled by escrow companies. Escrow companies protect both the buyer and the seller. They prepare and check all the paperwork for the deal. They hold the money, and the deed to the property. Escrow companies are licensed and bonded, and make sure that sellers get their money, and buyers get their property. Property Pig.com works with the best escrow companies to make sure that our customers have a smooth and simple transaction.
Title Insurance companies issue a policy of insurance to guarantee that the buyer gets good title from the seller. This insurance is required by your lender. It guarantees that the seller had the title to the property, and that no one else has a claim or a debt against your property. If a problem shows up after the close of escrow, the title insurance company fixes the problem, or pays for the lawyers to fix it for them.
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