Arrowhead Title, Inc.

An important part of buying a home at the Lake of the Ozarks is to ensure your investment is protected. Consider this: in order to take out a loan to obtain the home, your lender will require a lender's title policy to be purchased to protect their interest. If your lender requires it to make the loan, wouldn't that be a good indication that it's probably important for you as the homeowner to invest in a homeowner's policy to protect YOUR interest? For the sake of ensuring you have full rights and clear ownership to the property, it's essential to make sure you get a title insurance policy. Keep reading to learn more about some of the advantages title insurance offers.


Protection Of Your Largest Asset
Your home is unarguably the largest investment you will ever make. Even if you buy expensive cars and/or expensive boats, these types of purchases will probably never truly compare to the initial purchase price of your home. Not only that, but as home prices continue t…

Independence Day is this week! Americans across the country are firing up the grills and purchasing car-loads of fireworks in preparation for this glorious holiday. The Fourth of July provides us the opportunity to celebrate our nation's independence and everything our country stands for, and we intend to make the most of it!

Homeownership is an integral part of the American Dream, and it is a beautiful symbol of independence. Arrowhead Title, Inc is proud to be a part of this dream by protecting homeowners (and lenders) as they make the biggest investments of their lives. Like our beautiful flag waving proudly in the wind, Arrowhead Title is always there and ready to help new homeowners make their American dream a reality! 



RED
The color of blood and fire, red symbolizes strength, energy, power, courage, vigor, willpower, and passion. As a local title insurance agency at the Lake of the Ozarks, we are charged with protecting the biggest investments most people will make in their lif…

As a homeowner, there are several things you can do to protect your investment, such as thoroughly reviewing the inspection to identify potential issues and purchasing homeowners insurance to guard against the financial loss that may result from a fire or natural disaster. These two examples aren't the only pieces to the puzzle. However, Arrowhead Title, Inc. is here to reexamine another important aspect of protecting your investment.



How Title Insurance Protects Your Investment

Title insurance provides one-of-a-kind protection for property owners and lenders. Whereas other types of insurance focus on the potential of financial loss relating to the property itself, title insurance guards against financial loss that may relate to a owner's right to use and occupy his land. It also protects lenders' investments by guarding against owners who may default on their mortgage loans.

Before a title policy is issued, your Lake of the Ozarks title company will conduct a thorough title …

Title insurance offers financial protection against title problems that might not be found in the public records, are inadvertently missed in the title search process or that may arise from fraud or forgery. The title policy required by a lender covers only the lender’s interest in a property. That's why it's strongly suggested that every buyer purchase title insurance that covers their interest as well.

The homeowner’s policy, purchased at closing, provides coverage for the homeowner. If your home’s title is challenged, based on a situation covered in the policy, the title insurer will either perfect (establish a valid title) or pay for defending against the challenge and will either make perfect the title or cover the costs in the case of a valid claim.


Types of Owner's Policies There are two types of Owner’s title insurance policies certified by the American Land Title Association® (ALTA®) – the Owner’s policy and the Homeowner’s policy. The Owner’s policy protects you …

If you're approaching the closing date for your new home, it's quite possible that you're feeling a bit squeezed by all of the costs you've been expected to cover so far - especially when you consider that you don't even own the house yet! Appraisals, inspections, earnest money... these things aren't cheap, and somehow you're expected to pay for all of them.


As the closing date draws nearer, you're probably looking for opportunities to cut costs in any way you can. While we certainly empathize with your predicament, your friends at Arrowhead Title, Inc. are here to make sure you know that title insurance is not the cost to cut.

Not Having Title Insurance Can Be Devastating
When you sign on the dotted line and become the proud owner of your new home, you also become the (maybe not quite as proud) owner of any problems associated with the house. The seller is off the hook.

What happens, then, if you find out afterwards that the seller was a minor or not …

If you've ever bought a home, you know that the process requires the full (and careful) integration of many moving parts. The sellers, buyers, lenders, and real estate agents must work together to bring the transaction to a successful resolution. However, these important parties aren't the only ones who will be closely involved in the transaction process. While you as a buyer or seller may not realize it, a Lake of the Ozarks title company will also play a crucial role.


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 policiesServing as the escrow agent
Essentially, it is up to the title company to ensure t…