Showing posts from 2018

What Does a Title Company Do?

Most real estate transactions involve many moving parts in order for a deal to close smoothly. The sellers, buyers, lenders, and real estate agents must work together to bring the transaction to a successful resolution. Another important party that's involved in ensuring the transaction closes smoothly is the title agency. Because of the crucial role they play, your title company selection makes a big difference in the process. See what role a Lake of the Ozarks title company plays in your real estate transaction and all the things they do to help:

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 policiesServin…

How Does a Property Lien Affect You?

A property lien is a claim on a residential property for the homeowner's unpaid bills. When a lien is placed on a home's title, it means that the owner cannot legally sell, refinance or otherwise transfer a clear title of ownership to the home. In today's blog, your Lake of the Ozarks title company explains the implications of having a lien on your property.

Types of Property Liens There are multiple types of liens that can affect your right to ownership of your home. A "mechanic's" or "construction" lien protects the provider of services whose charges to the owner for repairs, improvements or maintenance have gone unpaid. A lien on the property also exists when a mortgage loan is used to purchase the home. In exchange for use of the money needed to purchase the home, the lender has a legal claim on the property. A tax lien may be filed against the property by the Internal Revenue Service for unpaid federal taxes. The IRS and the county tax assessor …

3 Important Reasons to Purchase Title Insurance for New Construction

As you prepare to finalize the purchase of your new home's lot and begin making plans for the build, you may be thinking that purchasing title insurance for a new home isn't necessary. If you're the first owner of the home, there shouldn't be any title issues... right? Actually, you'd be wrong. Title insurance is critically important to buyers of both new and resale homes for many reasons. Take a look at 3 very important reasons why even newly constructed home titles should be covered by title insurance.

1. 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 finan…

Check Out These Awesome Upcoming Lake Area Events!

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 sharing with you some of the awesome events taking place over the next couple of weeks at the Lake of the Ozarks!

A Contagious Labor Day Weekend
Aug 31, 2018 - Sep 02, 2018
Horny Toad Entertainment Complex at Camden on the Lake
Hours of Operation: 8:00 pm – 1:00 am
Hop on over to the Horny Toad Entertainment Complex for a Contagious Labor Day Weekend! Contagious keeps the party going Friday, Saturday and Sunday night. Check out the band before the show at and you'll see why they are St. Louis' ultimate party band!

Aaron Lewis Live in Concert
Sep 01, 2018
Ozarks Amphitheater
Hours of Operation: Doors: 6:00 pm / Show: 7:00 pm
Ozarks Amphitheater is excited to welcome back Aaron Lewis. (Special Guests to be announced.) Doors open at 6pm concert starts at 7pm. The Ozarks Amp…

Shedding Light on the Importance of Title Insurance

As a responsible consumer, you probably know all about the importance of having home, auto, life, health, and other insurance coverages to ensure that your personal belongings and family are properly covered. Our title company at the Lake of the Ozarks wants to take this opportunity to raise awareness for one of the lesser known (but equally important) forms of insurance that every homeowner should be aware of: title insurance.

What Is Title Insurance?

Title insurance, as its name implies, is a service that ensures a property owner's right to the title of their land. In other words, it protects the property owners' right to use and occupy the land as long as they or their heirs have a vested interest in the property. Title insurance policies are issued at the date of the closing and are purchased for a one-time premium, making them much more affordable than other forms of insurance currently available.

What Do I Need To Know About Title Insurance?

Title insurance comes in two dist…

Be CONFIDENT in Your Real Estate Investment!

Before buying real estate, you'll want to be confident that you are making a wise and safe investment for you and your family. A big part of this assurance comes from working with a reliable title company at the Lake of the Ozarks to ensure that your chosen property does not come with any hidden hazards that may threaten your ownership rights.

Protecting Your Right To Use And Occupy Your Property
Your financial future is on the line when you purchase real estate at the Lake of the Ozarks, and it is our job to ward off any potential hazards that could threaten your right to use and occupy your property after closing. Believe it or not, there are actually several things that can threaten new property owners. Here are a few examples:
If his/her signature was not obtained at closing, the ex-spouse of the seller could express ownership rights over the property.An unknown will could surface and promise ownership rights to someone else.If an unsatisfied lien is uncovered, you could be fina…

4 Facts About Title Insurance

When buying a home there are some things that are extremely important to consider, such as whether or not to purchase title insurance. Though it is one of the most important types of insurance available on the market today, title insurance is still largely misunderstood. This leads to homeowners not wanting to purchase it, which unfortunately can be a huge mistake. In addition to providing this crucial service to homebuyers at the Lake of the Ozarks and surrounding areas, we have made it our mission here at Arrowhead Title, Inc. to educate our clients on the importance of title insurance and all that it provides. Check out these 4 facts about title insurance that you may not have known.

1. Title Insurance Protects Your Right To Use & Occupy The Land

Most people know that title insurance is part of the closing costs associated with buying real estate at the Lake of the Ozarks (or anywhere else), but very few people truly understand what this insurance policy covers. Essentially, titl…

4 Substantial Benefits of Title Insurance

Title insurance offers homeowners many great benefits. Because of this, it is quite possibly one of the most valuable purchases in homeownership you will ever make.While they may not be tangible or as easily identifiable, the advantages of title insurance are substantial. Here is a quick look at 4 of the benefits, courteous of the team at Arrowhead Title, Inc.

1. Preventative Assistance
A title search is conducted before a title policy is ever issued. The goal of this search is to uncover any problems before the sale of the home closes. If issues are revealed, the buyers and sellers will have an opportunity to resolve them before the closing date. Depending on the severity of the issues, the buyers may choose to walk away from the deal altogether.

2. Protection From Unforeseen Problems
Before a title policy is issued, the agency conducts a thorough title search in an attempt to uncover any potential issues with or threats to the title in question. However, items can be missed even in the …

Arrowhead Title Escrow Services

Whether you are the buyer, seller, lender or borrower, you want the assurance that no funds or property will change hands until ALL of the conditions are met in the purchase agreement. In order to ensure that both parties are protected during a transaction, typically an escrow fund is agreed upon to be held as collateral. This not only offers a safety net for the seller as a show of good faith from the buyer, but it also protects the buyer's interest in the purchase of the property as well. Now, we understand that not everyone understands the need for escrow services. So, this week, we'll be giving an in depth look at what escrow is and why it's an important part of the home buying process.

What is Escrow?
An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when…

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 …