18 Reasons To Get Title Insurance

If we've said it once, we'll say it a thousand times - your home is probably the biggest investment you will ever make in your lifetime. Our homes serve as a place to live, but they are also major financial assets that are often worth hundreds of thousands of dollars. The team at Arrowhead Title, Inc. is here to remind you to protect your biggest asset with these reasons to get title insurance at the Lake of the Ozarks.

18 Reasons To Get Title Insurance
  1. Your property may have unknown liens still placed against it.
  2. The previous owner may not have had the right to sell the property.
  3. An unknown heir may appear and stake a claim on the property.
  4. A deed or a mortgage somewhere in the chain of title could be a forgery.
  5. City councils or local governments may claim the right to use part of the property to make a roadway.
  6. A deed or mortgage somewhere in the chain of title may have been signed by someone who was mentally unstable, under the age of 18, or otherwise unable to sign legal documents.
  7. In the event of a claim, your title insurance policy will (typically) cover the attorney's fees and the court costs.
  8. Someone who was assumed dead may appear and claim ownership over the property.
  9. Your title insurance policy will remain in effect as long as you and/or your heirs have a vested interest in the property.
  10. Previous tax records for the property could have been filed incorrectly.
  11. The person who sold you the property may not have been the true legal owner.
  12. Your title insurance coverage will reimburse your for any covered expenses associated with a potential title claim.
  13. Title insurance can be purchased for a one-time premium - there are NO monthly costs.
  14. Your deed or mortgage may contain inadequate legal descriptions.
  15. Having title insurance may minimize delays when you are trying to obtain or sell a loan or passing the title on to someone else.
  16. There may be a break in your chain of title.
  17. There may be mistakes in the public records surrounding your property.
  18. There may be inaccurate descriptions of your property due to inadequate surveying.

Convinced? Contact Arrowhead Title, Inc.
These facts and examples provide a great overview of the reasons to get title insurance, but they barely scratch the surfaces of many different situations that can require a solid title insurance policy. Before you close on your next real estate transaction, make sure you are working with a title company that promises integrity, credibility, and accuracy. If you are looking for a title company in Lake Ozark, MO, we hope you'll keep Arrowhead Title, Inc. in mind!

The Lake of the Ozarks' Most Trusted Title Company


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