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Showing posts from December, 2015

Home Buyer Statistics For 2015

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How old are most first-time home buyers? Do more single individuals or married couples purchase homes? How much does the average homebuyer earn on an annual basis? This week, the team at Arrowhead Title, Inc. is here to share with you some of the home buyers statistics from 2015. How do you stack up against the other buyers?

Information from the National Association of REALTORS® 2015 Profile Of Buyers and Sellers.



Characteristics of Home Buyers
The average home buyer is 44 years old and has a median household income of $86,100.18% of homebuyers are veterans. 3% of homebuyers are active-duty service members.13% of buyers purchase multi-generational homes to care for aging parents, to save money, and/or to accommodate children over the age of 18 who were moving back home.67% of homebuyers are married couples.15% of buyers are single females.9% of buyers are single males.7% of buyers are unmarried couples.The most popular reason people cite for buying a house is simply the desire to own a h…

6 Crazy Christmas Traditions

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When we think about Christmastime, many of us think about stockings full of goodies, a delicious Christmas meal, and enticing presents under the tree - but these traditional visions are not the only ways people celebrate Christmas. There are a number of wild and wacky ways people choose to celebrate Christmas all across the world. Here are a few crazy Christmas traditions, courtesy of Arrowhead Title, Inc!


1. Japan
In Japan, it is a tradition to eat Kentucky Fried Chicken on Christmas Day. In fact, this tradition is so popular that residents may need to order their KFC several months ahead of time in order to guarantee they will have it on Christmas. Apparently, this tradition stemmed from a brilliant marketing campaign that dates back to the 1970s, when KFC was translated as "Kentucky For Christmas."

2. South Africa
In South Africa, fried caterpillars are considered a delicacy that is traditionally enjoyed on Christmas Day.

3. Mexico
In Mexico, many people traditionally carve rad…

AGENTS - Closing Checklist

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Selling and buying homes at the Lake of the Ozarks is a big undertaking for everyone involved. The buyers, the sellers, the lender, the appraiser, the inspector, and the title company at the Lake of the Ozarks must all work together to ensure that everything progresses smoothly and accurately. We talk frequently about tips for buyers and sellers to simplify the process on their end, but what about ways the real estate agents can make their lives easier? 

Arrowhead Title, Inc. is here to help everyone, including the real estate agents. This week, we've put together a simple checklist to help agents avoid any issues at closing time. We hope you find it helpful!

Checklist For Real Estate Agents
~~ Fill out your closing control sheet.
~~ Provide payoff information from the seller.
~~ Provide social security numbers to eliminate additional requirements. (This is often necessary when ordering payoffs.)
~~ Is there a homeowners' association? If so, provide its name and number. Is there a s…

OUTSTANDING Charity Event - Lake Area Christmas For Kids!

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It's that time of year again! Arrowhead Title, Inc. is here to fill you in on one of the Lake of the Ozarks' favorite annual events, Lake Area Christmas For Kids. This fantastic event is an awesome opportunity to raise money for a valuable cause - and have a wonderful time while you're at it. You're going to love this event!


Event Information:

This year's Lake Area Christmas For Kids will be held on Sunday, December 13th at the Country Club Hotel and Spa in Lake Ozark, MO. The VIP party will begin at 6:00 PM for individuals who have sponsored tables, and general admission will open at 7:00 PM.

General admission is $20 per person, PLUS a new unwrapped toy ($40 without a toy). Admission includes free hot appetizers and access to performances by several live entertainers. Shawn C will open the evening, followed by Captain Geech & The Shrimp Shack Shooters. There will also be a special performance by one of the Kiwanis Club of Ozark Coast's newest members, "C…

6 Questions To Ask Yourself Before Buying A House

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The decision to buy a house at the Lake of the Ozarks is a big one and should not be made without careful consideration of all the associated factors. While the desire to own your own home may be there, it's important to make sure you are truly ready to make such a big commitment financially and mentally. This week, Arrowhead Title, Inc. is here to help you evaluate some of these associated factors. Here are of a few examples of the types of questions you should ask yourself before buying real estate at the Lake of the Ozarks.


1. Am I Ready For Such A Big Financial Commitment?
First and foremost, owning your own home is a huge financial commitment. As the homeowner, you and you alone will be responsible for making your monthly mortgage payment, covering the cost of any desired upgrades, paying for all of the utilities (trash, electric, water, sewer, etc), and paying for any necessary repairs. Owning your own house is also a valuable financial asset and can be a great tool towards bu…