Showing posts from 2018

Get Registered for the 2018 Great Bagnell Dam Duck Drop!

As long-time members of the Lake of the Ozarks community, the team at Arrowhead Title, Inc. is proud to support all the great events that take place around our area. One organization that is particularly close to our hearts is Ozark Coast Kiwanis. This week, we want to take the opportunity to give you a heads up on a fantastic community event that supports Kiwanis (and countless other local organizations) - The Great Bagnell Dam Duck Drop.

About The Great Bagnell Dam Duck Drop
The Great Bagnell Dam Duck Drop is a fun-filled event for people of all ages. The event offers two main attractions: The Duck Drop Golf Tournament and the Family Fun Zone. In addition to being great fun for the general public, both of these benefits raise money to benefit local kids through a variety of local organizations. Proceeds from the golf tournament benefit:
Lake Area Big Brothers Big SistersOzark Coast KiwanisProceeds from the Family Fun Zone and Duck Drop benefit:
Ozark Coast KiwanisKids HarborCitizens Ag…

Advantages of Investing in a Homeowner's Title Policy

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…

We're Red, White, & Blue About Your American Dream!

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! 

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…

Title Insurance Provides One-of-a-Kind Protection

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 …

Protect Your Investment with a Homeowner's Title Policy

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 …

Avoid the Risk of Losing Your Biggest Investment

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 …

Tips for Choosing the Right Title Insurance

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…

5 FAQs About Escrow Accounts

Whether it is realized or not, many homeowners put money into an escrow account each month. A portion of your monthly mortgage payment is broken out into this separate account. The money in the escrow account goes to pay bills like insurance and property tax, this way you do not have to save separately for these expenses that go hand-in-hand with homeownership. Arrowhead Title, Inc. has provided a list of frequently asked questions about escrow accounts.

1. Q: Why am I required to have an escrow account?
A: An escrow account is usually required if the down payment on your home was less than 20%. Property taxes and insurance premiums are a few of the large expenses this account helps pay. You make one combined mortgage and escrow payment each month and your mortgage company will then deposit a portion into your escrow account. When your property tax and insurance bills are due, they are paid on your behalf.

2. Q: What is an escrow analysis?
A: As required by law, once a year, your escro…

What Does Title Insurance Protect You From?

When unexpected issues arise that may threaten your right to use and occupy your home, title insurance is your first (and sometimes) only line of defense. As the owner of your own home, you're counting on your right to use your land as you wish. If something threatens that, it can cost you a great deal of time, energy, and money. Fortunately, Arrowhead Title, Inc. is here to provide you with title insurance at the Lake of the Ozarks to protect all of your real estate investments.

The list of potential hazards that may threaten your right to the title of your property are practically limitless. Here is a general overview of twelve things that title insurance can help protect you from.
Titles are often dependent upon several different documents. If there is an error in any the way of these documents were written or recorded, your right to the title may be threatened.The deed, mortgage, or sale may have been authorized by an individual who was not mentally competent.One of the signatu…

6 FAQs About Title Insurance

Title insurance is arguably one of the most poorly understood forms of insurance. Many homebuyers hear about it as they prepare to purchase their homes, but they don't understand its true purpose - they simply accept it as a normal part of the closing costs. Nevertheless, securing title insurance at the Lake of the Ozarks is a critical part of the home buying process. Today, Arrowhead Title, Inc. is here to help by answering some of these common questions about title insurance.

1. What Is Title Insurance?
Title insurance, as its name suggest, insures the title to a property. It is homeowners' first line of defense against hazards that may threaten their right to their property, such as unknown heirs, unauthorized signatures, mistakes in public records, invalid power of attorney, etc. Essentially, title insurance protects your (and your heirs') right to use and occupy the land.

2. How Much Does Title Insurance Cost?
Actual costs vary from state to state and closing to closing, …

Forgery: An Increasingly Common Problem in Real Estate Deeds

If you have personally never been a victim of real estate forgery, you may not be aware that these things happen. Real estate forgery is a real thing and it can happen to anyone who owns property or is in the process of purchasing property. Typically, the only way you can ensure you will not become a victim of loss of property due to a forged deed is by purchasing title insurance. Arrowhead Title, Inc would like to help you understand what real estate forgery is and how to prevent it from happening to you.

How Does Real Estate Forgery Happen?
Forged deeds are exactly what it sounds like; a fraudulent scheme where someone forges the homeowner's name on a property deed and uses that title to claim ownership of that property. You may be asking yourself, how can someone get away with this? How this happens is the person who commits the fraud usually manages to have the deed notarized using false identification. After the document is falsely notarized, the scammer can record the deed a…

Common Title Defects That Can Affect Ownership

Spring is a popular time to buy property, especially here at the Lake of the Ozarks. Whether you are buying residential property, vacation property, commercial property, or a piece of land, purchasing title insurance is a crucial step in the process. There are a lot of different reasons you should purchase title insurance with Arrowhead Title, Inc, the Lake of the Ozarks most trusted title company. One major reason you should have title insurance is because there could be a defect in the title that you are not aware of. Here are some common title defects that can affect ownership.

Seller Does Not Own the Property
It may seem unlikely, but it is possible that the seller does not actually own the property you are trying to buy. You could be dealing with unethical sellers, or the property could unknowingly be in someone's will. When someone dies, and they leave property in their will, it is not uncommon for them to leave the property to multiple people/family members. In this case, e…

7 Benefits of Title Insurance

If you are considering purchasing real estate at the Lake of the Ozarks, especially if you are a first-time home buyer, title insurance should be something you are thinking about. Buying a home is exciting but there are steps that you need to take to ensure you are protecting your investment. At Arrowhead Title, Inc, where accuracy matters, we are here to help you protect your future investment. Some of you might be asking, what is title insurance? Here we will tell you what title insurance is and seven benefits of purchasing title insurance with the best title insurance company at the Lake of the Ozarks.
What is Title Insurance?  When you purchase real estate, you are purchasing the right to occupy the property and the right to use the land. When you purchase title insurance you are protecting yourself from loss of property from possible liens, defects from the title, unknown heirs, mistakes in the public records, and other various problems that could be wrong with the title of the r…

Protect Your Interest with a Title Contingency

If you've been thinking about buying a house, it's time to educate yourself on the process. Buying a home is a ton of fun, but it is also a complicated process with a lot of details that must be met. Your real estate agent will be able to guide you through the process, and our title experts at the Lake of the Ozarks will be here to fill in the gaps wherever we can. This week, we want to look at one particular aspect of the home purchase agreement: the title contingency.

What Is A Contingency?

Before we look specifically at title contingencies, let's back up and look at contingencies in general. When you submit an offer on the house, you do so through a proposed home purchase agreement. This agreement outlines several details of your proposed sale, including the purchase price, closing date, any specific items that should be included in the sale, and your desired contingencies.

Contingencies are conditions that must be met in order for the contract to be considered valid. Here…