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Showing posts from 2017

Check Out the 18th Annual Lake of the Ozarks Eagle Days!

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The Lake of the Ozarks is an amazing place to live all year long. The countless family-friendly activities ensure that there is always something to do or see. This week, Arrowhead Title, Inc.is proud to support one of these great annual events: Lake of the Ozarks Eagle Days!


Lake of the Ozarks Eagle Days - Event Info

Ameren Missouri's Lake of the Ozarks Eagle Days will return for its 18th year at the Lake on Saturday, January 6, 2018 and Sunday, January 7, 2018. This event is FREE and open to the public. The event will be from 9am – 5:30 pm on Saturday, January 6th and from 10am – 4:30 pm on Sunday, January 7th.  It is the community spirit of the Lake of the Ozarks that makes this annual event possible for all to enjoy.

For up to date information on this great event, like Eagle Days on Facebook.

Free Family Fun At The Lake!

Eagle Days is one of the most popular winter events at the Lake. Live eagles, turkeys, owls, and hawks will make appearances, promising an event that is both fun an…

New Year's Resolutions for the 2018 Home Buyer

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Whether you are buying your first home or selling your current house and buying a new one, there will likely be a seemingly endless list of tasks and copious amounts of paperwork along the way. If you approach the process correctly, however, it doesn't have to be challenging. Our Lake of the Ozarks title company is here to help. If you are considering buying a new home in 2018, you can set yourself up for success by adopting the following New Year's Resolutions.


1. I Resolve To Not Open Any New Lines Of Credit
When you are applying for a mortgage loan, your lender will carefully evaluate all aspects of your financial situation. Having a stable credit history is important, as it demonstrates to lenders that you are reliable and trustworthy. If you are preparing for the possibility of taking out a mortgage loan, you'll want to keep your finances solid and constant. This is especially critical once you begin applying for a mortgage loan, as opening new lines of credit (such as …

3 Benefits of Title Insurance

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No purchase ofreal estate at the Lake of the Ozarkswill be complete without also purchasing a title insurance policy. Title insurance comes in two primary forms: owner's policies and lender's policies. As their names suggest, owner's policies protect the homeowners and lender's policies protect the mortgage lenders who provide the mortgage loan required to purchase the property. Each type of policy offers distinct benefits. Keep reading to learn more about some of the advantages title insurance offers.


1. Affordable Peace Of Mind
Since it is purchased for a one-time premium when you close on your new property, title insurance is one of the most affordable types of insurance available on the market. In spite of its relatively low price, title insurance offers long-lasting protection. The lender's title policy will remain in effect as long as the loan is active, and the owner's title policy will remain in effect as long as the original owners (or their heirs) have …

50 Things Your Title Policy Can Protect You From

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Your home is an hugely important part of your life. Not only is it a safe place to live and raise a family, it's a major financial asset. With so much invested in your home, it seems only right that you should protect it in every way you can. Title insurance is a great way to protect your home from unforeseen hazards that can threaten your ownership of the property. Title insurance cannot protect your equity and your home from matters that do not appear in the public records, but an owner's title insurance policy at the Lake of the Ozarks CAN protect you from a vast array of potential hazards.


50 Things Your Title Policy Can Protect You From
Documents executed under false, revoked, or expired powers of attorney.Conveyances by an heir, devisee, or survivor of a joint estate who attempts to attain title by ill-gotten means.False impersonation of a true land owner.Deeds which appear absolute, but which are held to be equitable mortgages.Undisclosed heirs.Deeds by minors.Improperly …

Support the 28th Annual Lake Area Christmas for Kids!

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This year marks the 28th annual Kiwanis Christmas for Kids Charity Event at the Lake of the Ozarks! For 28 years, the local Kiwanis club has been making Christmas a wonderfully memorable experience for kids by holding a fundraiser to receive gifts and raise funds to make Christmas possible for children throughout our community. This year, the Kiwanis Club of Ozark Coast is looking to serve more than 1,600 children locally - but to do that we need all the help we can get! Learn how you can do your part to help make Christmas possible this year!


HOW YOU CAN HELP
If you're looking for a great way to help the local children have a wonderful Christmas this year, the Kiwanis Club is looking for donations! Your donation could be in the form of an unwrapped gift or a cash donation. All proceeds benefit underprivileged children in the Lake Area - including the following organizations: LOSA, Wonderland Camp, Hope House, Big Bro./Big Sis., Lake Reg. Pediatrics, YMCA, Share the Harvest Food Pa…

Why Arrowhead Title is the BEST Choice for Your Title Service Needs at the Lake of the Ozarks!

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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 …

Arrowhead Title is Giving Thanks!

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Thanksgiving is just about here, which means it's time to give thanks for all of the things in our lives that make us happy. It's not a time to worry about who has the flashiest car or who has the biggest house; Thanksgiving is simply about focusing on anything in your life that you are grateful for. In honor of this wonderful holiday, we thought we'd take a moment to share some of the things that we're thankful for here at Arrowhead Title, Inc.


We're Thankful For...

An Outstanding Team
We're honored to be recognized as one of the best title insurance companies at the Lake of the Ozarks, but we don't deserve all the credit ourselves. We owe our success to our amazing staff members who go above and beyond for our clients every single day, on every single transaction. We are so blessed to have an outstanding team that makes it a joy to come to work every day.

Our Amazing Clients
We can't thank our team without also extending some well-deserved gratitude to our…

How Can A Property Lien Affect Home Ownership?

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Although liens are common in the real estate world, they're often overlooked by home-buyers because they don't understand the implications that can arise from such things on a deed. Unfortunately, the failure to anticipate and settle outstanding liens before closing can lead to delayed or derailed deals. Worse, undiscovered liens can cause years of legal problems after a sale.


What is a Lien?
A lien is a right to keep possession of property belonging to another person until a debt owed by that person is discharged. Liens on real estate are a common way for creditors to secure debts that are owed to them. A property lien is a notice attached to your title informing everyone that you owe money. In today's blog, your Lake of the Ozarks title company explains the implications of having a lien on your property.

Selling Your Property
When you have a lien on your home, you are not able to sell it. In order to sell or refinance your home, you must have a clear title. Having that li…

Choosing the Right Title Company

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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…

Reasons You Need Title Insurance For Newly Constructed Homes

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If you're considering purchasing a newly constructed home, you may be thinking that purchasing title insurance for a new home isn't necessary. Some buyers of newly built homes may assume that because they’re buying a home that no one else has ever owned, title issues shouldn’t be a problem. However, title insurance is critically important to buyers of both new and resale homes for many reasons. This week, we're looking at the reasons why even newly constructed home titles should be covered by title insurance.


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 financial l…

Closing Costs: Common Expenses on the Buyer's Side

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An important part of buying real estate at the Lake of the Ozarks is understanding the expenses incorporated with closing on the sale of a home. Most home purchases don't just involve paying the exact dollar amount for the value of the home and calling the deal closed. In fact, there's typically a lot more in terms of expenses that is involved, especially if you are taking a loan out to obtain the property. You generally don't pay for these expenses upfront like you would with an inspection or appraisal, but they make up for a big portion of the expense over the actual cost of the home. These expenses are called "closing costs."


It's important to recognize that the closing costs vary depending on your position in the transaction (whether or you are a buyer or a seller). Today, Arrowhead Title, Inc is here to explain the buyer's closing costs for you in simple, easy-to-understand terms.

What Is Included In The Buyer's Closing Costs?

The truth is that the …

5 Reasons Every Homeowner Needs Title Insurance

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A home is probably the single largest investment you will make in your life. You insure everything else that’s valuable to you—your life, car, health, pets, etc., so why not your largest investment? There's many reasons you should want to protect the investment of your home. So, this week, the best title insurance company at the Lake of the Ozarks is sharing with you 5 reasons every homeowner should invest in title insurance. Take a look:


1. REDUCES YOUR RISK
If you’re buying a home, there are many hidden issues that may come up only after you close. Getting an owner’s title insurance policy is the best way to protect yourself from unforeseen legal and financial title discrepancies. Homeowners insurance and warranties protect only the structure and belongings of your home. Getting owner’s title insurance ensures your family’s property rights stay protected.

2. FOR THE RECORDS
Regardless of the reason you choose title insurance, it puts your name as the owner on the records. A goo…

Title Insurance: A Crucial Part of the Home Buying Process

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Title insurance is generally considered one of the least-understood forms of insurance, but that does not mean it is any less important. Title insurance works to protect us as we purchase what is often one of the biggest investments of our lives: our homes. This week, the team at our trusted Lake of the Ozarks title company is here to help you get a better understanding of what exactly title insurance is and why it is such a crucial part of the home buying process.


TITLE INSURANCE - Owner's vs Lender's Policies

Before we delve into the specifics of an owner's policy, we need to make a quick clarification. Title insurance comes in two predominant forms: owner's policies and lender's policies:

The Lender's Policy, as its name suggests, serves to protect the lender as he/she make the initial investment on your home. In the event of a defective title or a homeowner who is unable to make their required mortgage payments, the lender's policy will provide financial…

Understanding Common Title Terms: Part 2

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The title industry is vast and complex, with a unique vocabulary all its own. Last week, Arrowhead Title, Inc. took it upon ourselves to help you decipher some of our industry's terms so that you can feel more confident as you navigate your real estate transactions. This week, we're continuing the conversation with some additional terms you are likely to encounter while selling or buying property at the Lake of the Ozarks



Common Title Terms - Explained

Quiet Title
A quiet title suit is a legal process designed to cancel and/or "quiet" unenforceable claims that have created a cloud on a title.

Restrictive Covenant / Restriction
A restrictive covenant is a limitation of the use of a specific piece of property. It may be imposed by deeds or other documents that appear within the chain of title.

Settlement
Also referred to as "closing" or "close of escrow," a settlement is the time during which the sale of a piece of real property is finalized. The closing…