Arrowhead Title, Inc.

Buying a home at the Lake of the Ozarks is as exciting as it is rewarding! We have beautiful homes, top-notch entertainment, and a great community. However, when you try to conquer the real estate process on your own, you can run into many challenges. As the best title agency at the Lake of the Ozarks , Arrowhead Title is here to give you a few tips to help you prepare for buying that lake home! Review Your Finances The first step in buying a home is to review your finances. This allows you to make educated decisions when weighing out housing options. After you review your current financial situation and prepare a potential budget for the new home. Be sure to factor in ALL the costs associated with homeownership such as down payment, closing costs, insurance, etc. Not to mention the recurring costs of homeowner's insurance and real estate taxes that will be associated with the home after closing.  Contacting a mortgage lender for a prequalification or preapproval can be a great as

 One key step in the buying and selling of real estate is the transfer of real estate . After all, after buying or selling a home, you'd expect to be given or removed from ownership rights to the property, correct? Well, unfortunately sometimes there are issues that arise that cause issues or "title defects." These defects are referred to as a "cloud on title." Your premier title company at the Lake of the Ozarks  is here today to tell you all about "clouds" and how you can mitigate and rectify them What is a "Cloud" on Title? The term "cloud" is synonymous with "title defect," referring to any issues with a title that may cause reasonable buyers to become hesitant to purchase the property. A "cloud on title" is any item that could compromise or cast doubt on the validity of the title. Here are some examples of items that could cause a "cloud on title:" Any outstanding lien or encumbrance Recording erro

 This is the time of year to enjoy holiday celebrations, shopping... and of course, property taxes! While property taxes aren't the most enjoyable thing about this holiday season, they are an important part of your obligations this time of year. If you're a little confused as to what personal property taxes are and why you should pay them, the best title company at the Lake of the Ozarks , Arrowhead Title is here to shed a little light on the topic. Read on to learn more! Personal Property Tax? First, let us start by defining what personal property taxes are. Personal property taxes are forms of taxation on what is deemed to be personal property. Personal property can be defined as any movable property that is not attached toa home or building, including motor vehicles, boats, and aircraft. The utilization/disbursement of these tax dollars may vary by state, but generally cover: Local school district The State The County Local fire department Local road district Local libraries

 There are a lot of benefits that come with living at the Lake of the Ozarks. While it's known as a summer vacation destination, it's actually much more than just that. The Lake holds year-round opportunities and activities that you'd be hard-pressed to find anywhere else. Arrowhead Title, the best title company at the Lake of the Ozark  has been living life at the Lake for over 35 years. We're here today to share a few of the reasons we believe the Lake of the Ozarks is THE place to be. 1. Living Waterside Living by the water is believed to have health benefits associated with it. It's rumored that the presence of water in your daily life can help reduce blood pressure, decrease stress, and increase blood flow to the brain. Where do we sign up!? When these elements of life come together, your result is a longer, healthier lifestyle. The Lake of the Ozarks is the perfect place to work and relax, all in one beautiful package. 2. Natural Beauty The natural beauty of t

 Here at Arrowhead Title, your premier title company at the Lake of the Ozarks , we believe in the efforts to give back to help better our community and assisting those in need. For this reason, our owner Chris Cisar is an active member of the Kiwanis Club. This holiday season holds the 31st Annual Kiwanis Christmas for Kids Charity Event & Auction, an event that's goal is to provide underprivileged children at the Lake of the Ozarks with gifts, necessities, and support. In this week's blog, we thought it fitting to spotlight this amazing holiday event as well as the organization. Read on to learn more! About the Kiwanis Club Kiwanis is a global organization of volunteers dedicated to changing the world one child and one community at a time. The Kiwanis Club Ozark Coast was organized in April 1988 and serves the Osage Beach and Lake Ozark region. We are a 501(c)(3) not-for-profit charitable foundation. Our club members are service-minded men and women from all segments of

 Purchasing and selling real estate complex transaction that requires diligence from all interested parties. Before any funds are disbursed, closing costs are checked and balanced among lenders, agents, and title companies to ensure everything is accounted for and is the obligation of the correct person(s). These expenses are called closing costs and must be satisfied before the real estate transaction can be completed. Arrowhead Title , your premier title company at the Lake of the Ozarks , is here today to clarify closing costs, what they are and who is responsible for them. What is Included in Your Closing Costs? While there are a few costs that will vary between transactions, there is a standard set of fees that are commonly seen among the closing costs for nearly every transaction. They are as follows: Loan Origination Fees Appraisal Fee Survey Fee Underwriting Fee Property Tax Fee Title Insurance Title Search Homeowners Insurance Homeowners association fees (if applicable) These

 When closing on a real estate transaction, you may hear the term "escrow" thrown around. If you're unfamiliar with the real estate closing process, you may find yourself having a difficult time understanding all of the industry terminologies. At Arrowhead Title, the best title company at the Lake of the Ozarks , we strive to provide prompt and accurate title escrow and settlement services to our clients. We believe that educating clients on their real estate transactions can help make the process easier. Today, we are going to be discussing escrow services at the Lake of the Ozarks . Read on to learn more! What is an Escrow Account? An escrow, or "reserve account," is an account that is set up by a third-party to be used as a central source of funds for paying the mortgage obligations. These accounts are used to help protect the lender's investment in a buyer by having the account reserves added before payments are due. This is a beneficial item in the tran

Closing day is an exciting time for all involved, the buyer, seller, and agents are all ecstatic about the day all the hard work comes to fruition! All that's standing in the way of you and your new dream home is a small rainforest worth of paperwork to sign. As the best title company at the Lake of the Ozarks , Arrowhead Title understands that these documents aren't common knowledge, and the legal terminology can be quite daunting to those unfamiliar. That's why we're here to shed a little light on some of the documents you can expect to see at your Lake of the Ozarks real estate closing . The Loan Application This document will look familiar, as it is an exact copy of the loan application that you completed during your application for a mortgage loan. It's wise to double-check all line-items listed and ensure that the bottom dollar matches what was agreed upon. This also allows your mortgage lender a review of the application to ensure that nothing has changed th

As we head into the holiday season the thought of gift-giving, holiday trips, and celebrations with family and friends begin to fill the mind. What better gift to give yourself this holiday season than the Lake of the Ozarks vacation home that you've always dreamed of!? At Arrowhead Title, your premier title company at the Lake of the Ozarks , our decades of experience have shown us that buying a home during the holiday season has several advantages. In this week's blog, we'll showcase a few key reasons why buying real estate at the Lake of the Ozarks this holiday season could be a behooving move for you! The Pricing Trend The law of supply and demand holds true even during the holiday season. As the active spring and summer months bring a surplus of demand for buying homes before they miss out on the vacation season at the Lake of the Ozarks, prices skyrocket. By the time the holiday season has rolled around, homes still listed have been on the market for some time and a

As the best title company at the Lake of the Ozarks , Arrowhead Title understands the importance of community involvement. We have been serving the Lake of the Ozarks title needs since 1984, and have committed to being involved in many community projects and organizations. In this week's blog, we'll discuss several community-focused organizations that we are involved in, as well as ways you can participate to help better our great community. Big Brothers Big Sisters Big Brothers Big Sisters is a mentoring program for local children, it assists in providing them with positive reinforcement and role models. This has shown to reduce the likeliness of the youth to take part in underage drinking, drugs, skipping school, violent behavior, and other dangerous activities. Arrowhead Title is a member of the Big Brothers Big Sisters program because we believe that these children are the future of the Lake of the Ozarks. So, we work diligently to provide them with the support and resourc

 When purchasing a home at the Lake of the Ozarks , you'll encounter numerous costs associated with the transaction. Costs such as appraisal and inspection fees, several types of insurance, as well as closing costs, can all add up quickly. While it is tempting to skimp on some of the suggested coverages to save some cash, doing so could have catastrophic outcomes in the future. One such coverage that is oftentimes passed on, the owner's title policy. It's vital to protect your home, perhaps the largest investment of your life.  By working with the best title company at the Lake of the Ozarks , you'll get top-notch service and information to help navigate complicated real estate transactions, ensuring you're protected at all times. Continue reading our blog to find out just what purchasing an owner's policy can do to protect you and your valuable asset. Owner's Policy vs. Lender's Policy Firstly, we'd like to clarify the difference between an owner