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Your Title Company's Role in the Closing Process

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When buying a home, there are several parties that will be involved in the process: your real estate agent, the lender, any vendors you may need throughout the process, the inspector and/or appraisor, and of course your title company. Selecting a title company to facilitate your closing is an important part of buying a house at the Lake of the Ozarks. Your title company will fill an important role in the transaction process, so it's crucial that you find a reliable, accurate company you can trust.


Most homebuyers have heard this advice several times. They know that selecting a good title company is important, but many homebuyers know very little about what a title company truly is or what we actually do. This week, Arrowhead Title, Inc. is here to help explain the important role we fill as a title company at the Lake of the Ozarks.

Ensuring Validity Of The Title

When you come to us to facilitate a closing, our first step is to confirm the validity of the title in question. We will co…

Title Services for the Lake of the Ozarks Community

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Arrowhead Title, Inc. is proud to be a trusted title agency at the Lake of the Ozarks. We have been serving the Lake Area since 1984, and in that time we have helped hundreds of customers and developed many fantastic customer relationships. This week, we want to share with you some of the things we believe make us unique in the title industry at the Lake of the Ozarks.



Absolute Accuracy
When it comes to real estate and title matters, accuracy is absolutely essential. Even one small oversight or error could cost a homeowner hundreds (or possibly thousands) of dollars. In order to protect our clients' current and future interests, our title experts conduct every transaction with the utmost precision and accuracy.

Community Involvement
The Lake Area is famous for being a major tourist destination. Underneath a surface of thousands of tourists and second homeowners, however, there lies a close-knit community of individuals who make the Lake their home year-round. We are honored to be a pa…

Arrowhead Title's Closing and Escrow Services

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Congratulations! After touring multiple houses, you and your family have finally found your perfect home. It has everything you've ever wanted - all the way down to the detailed back-splash behind the kitchen sink and the heater in the master bathroom. You've submitted an offer, the sellers accepted it, and you have agreed upon everything that will be included in the sale of the home. That's all there is to it... Right?


Well, yes and no. That's all you, the buyer, need to do, but this is exactly where your trusted title company at the Lake of the Ozarks really gets going! Arrowhead Title will work tirelessly to ensure that your closing process proceeds as smoothly and efficiently as possible. Here's a sneak peek at the behind-the-scenes work Arrowhead Title will do for you.
Residential Closing ServicesResidential closing at the Lake of the Ozarks is a complicated, multi-faceted process. Successful closings require a great deal of cooperation and coordination between …

Reasons to Buy an Owner's Policy

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Buying a home at the Lake of the Ozarks comes with a lot of associated expenses. Insurance, appraisal and inspection fees, and closing costs can add up quickly in the beginning. Faced with so many expenses, many homebuyers want to cut costs wherever possible by skipping any expenses that aren't mandatory. An example of one such elected cost that homebuyers sometimes want to eliminate is the owner's title policy. However, skipping this purchase can be prove disastrous down the road.


Owner's Title Policy vs Lender's Title Policy

There are two primary types of title policies: owner's policies and lender's policies. A lender's title policy protects the mortgage lender in the event that the buyer becomes unable to make payments and defaults on the loan. Buyers are required to purchase lender's policies any time they take out a mortgage loan to buy a home. However, this policy does not offer any protection to the buyers themselves.

In order for buyers to be prot…

What Does a Title Company Do?

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Most real estate transactions involve many moving parts in order for a deal to close smoothly. The sellers, buyers, lenders, and real estate agents must work together to bring the transaction to a successful resolution. Another important party that's involved in ensuring the transaction closes smoothly is the title agency. Because of the crucial role they play, your title company selection makes a big difference in the process. See what role a Lake of the Ozarks title company plays in your real estate transaction and all the things they do to help:


What Does The Title Company Do?
While first-time buyers generally do not understand the role a title company plays as well as they understand lenders' or realtors' responsibilities, that does not mean a title company's role is any less important. Here is a quick look at the types of responsibilities a title company will fulfill during the closing process:
Ensuring validity of the titleIssuing the title insurance policiesServin…

How Does a Property Lien Affect You?

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A property lien is a claim on a residential property for the homeowner's unpaid bills. When a lien is placed on a home's title, it means that the owner cannot legally sell, refinance or otherwise transfer a clear title of ownership to the home. In today's blog, your Lake of the Ozarks title company explains the implications of having a lien on your property.


Types of Property Liens There are multiple types of liens that can affect your right to ownership of your home. A "mechanic's" or "construction" lien protects the provider of services whose charges to the owner for repairs, improvements or maintenance have gone unpaid. A lien on the property also exists when a mortgage loan is used to purchase the home. In exchange for use of the money needed to purchase the home, the lender has a legal claim on the property. A tax lien may be filed against the property by the Internal Revenue Service for unpaid federal taxes. The IRS and the county tax assessor …

3 Important Reasons to Purchase Title Insurance for New Construction

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As you prepare to finalize the purchase of your new home's lot and begin making plans for the build, you may be thinking that purchasing title insurance for a new home isn't necessary. If you're the first owner of the home, there shouldn't be any title issues... right? Actually, you'd be wrong. Title insurance is critically important to buyers of both new and resale homes for many reasons. Take a look at 3 very important reasons why even newly constructed home titles should be covered by title insurance.


1. Legal Ownership of the Land
In a brand new subdivision, you need to make sure the land was properly subdivided and that your home is on the correctly identified lot in the subdivision so that there’s no question of ownership in the future. While your house is new, the land it’s built on is not, so it’s possible to have a third party make a claim on the property. When title faults or claims are left unsettled for years, the new owner could face a significant finan…