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Showing posts from 2020

What Determines a Closing Date?

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Closing dates are a very important part of the real estate process. This is the date when everything is finalized and the house or property becomes yours! Closing dates can have a lot of determining factors that you will want to consider when you are getting ready to buy a house. Arrowhead Title is the best closing company at the Lake of the Ozarks, and we are here to help you navigate the closing date so you are prepared. Keep ready to learn more!


Underwriting
The underwriting process can be a very long and tedious process. If you are buying your first home, then it could take even longer. Your lender should be able to give you a good idea of how long this will take. While the underwriters are an unbiased third party, most lenders will have a lot of experience and can tell you about how long it will take for them to go through the necessary materials to get you approved.

Title Company's Availability
Your title company is where the closing appointment will be scheduled, so you will…

Live Music, Fireworks, and Honoring Heroes

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Are you ready for a great summer at the Lake of the Ozarks? So are we! Even though the first official day of summer is June 20th. But as our team at Arrowhead Title can tell you... Here at the Lake, the unofficial start to summer is Memorial Weekend. As the best title agency at the Lake of the Ozarks, we have a lot of experience in the community so we can bring you the best info about what's going on at the Lake this weekend. Get ready for a great summer with some of the fun activities below, and don't forget to observe Memorial Day on Monday.


Live Music at the Lake
Get the summer party started with great live music from several different venues around the Lake, including H. Toad's Entertainment Complex, Captain Ron's, Dog Days, and Jolly Rogers! From 80's Metal to Soulful Pop, there is something for everyone! Check out the dates and times below...

H. Toad's – Live Music by Dr. Zhivegas
WHEN: May 22 - 24, 2020 @ 9 p.m. - Midnight.
WHERE: Horny Toad Entertainment…

Closing Costs 101 - Be Prepared!

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There are a lot of costs associated with buying or refinancing a home that you may not be aware of. Your mortgage lender will have their own fees, but there will also be closing costs associated with your purchase. Arrowhead Title knows that this process can be confusing, so we are here to help clear up some of the confusion. As the most trusted title company at the Lake of the Ozarks, we have a lot of experience with closing procedures and who is responsible for each of the different charges. Keep read to learn more!


What are Closing Costs Anyway?  It can vary for every real estate transaction, but in general the closing costs are the price of doing business and getting all the necessary information for a smooth and well-founded transaction. Below is a list of the general fees you can expect to see at your real estate closing: Appraisal FeeProperty TaxUnderwriting FeeTitle Search FeeTitle InsuranceLoan Origination Fees
Keep in mind that this isn't an exhaustive list and there coul…

Safe, Last-Minute Ideas for Mother's Day!

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There is a lot of change in our world right now as businesses have temporarily closed and events are being postponed or cancelled. With Mother's Day being this weekend, it could be easy to feel defeated and not know how to safely celebrate this year. Arrowhead Title is always here for you, and today we are sharing ideas on how you can celebrate Mother's Day while still staying healthy and practicing social distancing. Read on to learn more!


Make a Meal "Together" 
You may not be able to get together and make your favorite meal in the same kitchen, but you can still keep the tradition of cooking together by using a video chat program like Zoom, Skype, or Portal. Choose a recipe that has special meaning to the two of you, or find something you've never tried before for even more fun and excitement! You can each gather the ingredients in your own homes, connect on a video call together, and work through the recipe at the same time. Eat together and reconnect almost …

How Big Should My Next Home Be?

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Thinking about buying a home, but not sure what size you need? It can be hard to visualize the difference between 1,200 square feet and 2,500 if you don’t have a clear frame-of-reference. Arrowhead Title is the best title agency at the Lake of the Ozarks, and we have some tips to help you decide just how much space you’ll need. Read on to learn more!


How Long Will This be Home?
If you are looking for a forever home, your priorities may be different than if you are looking for a temporary place to settle in for a few years. A first-time home for newlyweds may not need to be much bigger than 900 to 1,000 square feet, while empty nesters may be looking for a spacious home that will allow their children and grandchildren to visit comfortably. Don’t be afraid to buy a home that fits your needs for right now or just the next couple of years. One of the great things about buying a home instead of renting is that you are building equity. You can choose to sell your house when it’s time to ex…

Dog-Friendly Features to Look for in a Home

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At Arrowhead Title, we know that pets can be an important part of the family. As you are looking for your next home, you may be thinking about how to make sure it will be a good home for everyone in the household - including the family dog. Arrowhead Title has some tips for you on what to look for in your next home to make sure it is pet-friendly. Read on to learn more!


Inside
If your dog is an "inside dog", then it is important to make sure the interior of your new home will be able to properly accommodate your dog and his place in your life. 
Layout 
If you have a large dog (typically considered 50 pounds or more), then it is probably a good idea to have an open concept layout in your next home. If the home is too closed off with lots of hallways and small, sectioned-off rooms, then your dog could start to feel cooped up and may start acting out. 
Dog Room
Some people look for homes that will provide a special, designated space for their pets. If your dog cannot be loose i…

Appraisals vs. Inspections - Are They Different?

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If you are considering purchasing a home, it is important to know what the process will be like. There are two services that have to be performed around your house before the closing date... a Real Estate Appraisal and a Home Inspection. Arrowhead Title is the best title agency at the Lake of the Ozarks, so we are familiar with the real estate process and we are here to help. Read on to learn about these two services and how they differ from one another.


Home Inspection
This is often the first of these two services performed during the closing process on a home. Inspections are performed by a trained professional in order to determine the condition of the home. These inspectors examine the house in very thorough detail in order to find any issues that may be present. Areas that they focus on include the roof, foundation, crawlspace, plumbing, drainage, electrical, HVAC, patios, decks, appliances, floors, ceilings, walls, code compliance, and more. 
It is the inspector's job to fin…

Fun Ideas for Easter at Home!

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Now is a confusing time for all of us, and it can be hard to focus on the little things when we are carrying big worries with us. With Easter just a couple of days away, now is the perfect time to step away from the news and refocus on our families and having spending time together. Arrowhead Title cares about our community and each one of you! So today we are covering some creative ideas on how you can make the most of Easter while staying at home. Read on to find inspiration for your Easter celebration this year!


Decorate Eggs without Dye
The tradition of dyeing Easter eggs may not be possible for you this year. The stores may be out of dye or you may not be able to get out this year to get all of the necessary supplies. Instead of getting caught up in the details, try decorating eggs with other materials you have around the house. Use markers, crayons, washi tape, or colorful paper and mod podge.

Bake and Decorate Cookies
Is there anything more fun as a child than mixing together c…

Should I Refinance?

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When considering whether or not to refinance, it's important to take a few things into consideration. Arrowhead Title is the best title agency at the Lake of the Ozarks, so we are very familiar with many types of real estate transactions and we have some tips for you today! If you are thinking about refinancing, keep reading and learn what you should consider before making the leap. (Also be sure to consult your financial advisor before making any major financial decisions.)


Percent Difference
It can be tempting to refinance your home when you see mortgage rates falling. But, it can be hard to know if they are low enough to truly make a difference and make the refinance worth the time and effort. If you have a mortgage rate of a hypothetical 5.0% and the current market is showing 4.9%, then a refinance would not be worth it. With just 0.1 percent of a difference, you likely will not recoup the new closing costs and financing fees. A good policy is to aim for at least a 0.5% decrea…

Great Ideas for Entertainment at Home!

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With schools closed and many retail shops and restaurants going to online and curb-side only, finding new things to do every week can be hard. Arrowhead Title has been a fixture at the Lake for many years, so we know the area and we have some great ideas to help keep our community entertained during this time. We love each and every one of you and we're excited to help. Keep reading to learn our favorite social distancing activities, both indoor and outdoor!




Try a New Cuisine
It's easy to get stuck in a rut of cooking the same meals and dishes on repeat, especially when you are busy and don't have time to be as creative as you want to be. Use this extra time to choose a new cuisine you've never tried before! Try making a Thai curry dish, or even roll your own sushi at home. There are also several restaurants still offering takeout with curb-side pickup. Having trouble choosing? Make a game of it... Assign each restaurant its own side on a die and roll to choose where you…

How to Get Ready for Closing

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Arrowhead Title knows that getting ready for the closing date on your home can be stressful and worrisome, especially if you are a first time home buyer or if it has been several years since you've purchased a home. We are the best title agency at the Lake of the Ozarks, so we know what it takes to facilitate a smooth closing day. Read on to learn a few tips from us about how to get ready for your closing date.


The Closing Process
During the closing on your new home, there are several steps you and the seller will go through. In the end, the formal transfer of ownership from the seller to you will occur and the home will be yours! Here are the general steps included in the closing process that you can prepare for: Title Search and ExaminationDocument PreparationIssuing Title InsuranceClosing TransactionSetting Up Escrow
DO These Things Stay prompt with your underwriter and mortgage lender. There will be a lot of steps and information required from you in order to get to the final st…

4 Reasons to Love Life at the Lake!

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Living at the Lake of the Ozarks is an amazing experience with a lot of benefits. Some people think of it as only a summer destination, but it is actually a beautiful place to be year-round. Arrowhead Title is the best title agency at the Lake of the Ozarks and we've been a fixture at the Lake for over 35 years, so we know how great it can be. Read on to learn why the Lake of the Ozarks should be your new home town or home away from home.


1) Outstanding Natural Environment 
Whether it is full of summer activity and beautiful boats or peaceful in the quiet of winter, the Lake is gorgeous year-round. Living in a lakefront home gives you the special advantage of enjoying the Lake from your own backyard!

You can also venture out to some of the amazing attractions around the Lake that offer breathtaking views. One of the most popular attractions at the Lake of the Ozarks is Ha Ha Tonka. These historic castle ruins are surrounded by beautiful, well-marked hiking trails for you and the w…

How to Make the Move Easier on the Kids!

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Congratulations! You've found the house of your dreams and you're ready to start a new chapter there with your whole family. During this exciting and busy time, it can be easy to overlook the little ones. Arrowhead Title is the best title agency at the Lake of the Ozarks and we have some great tips to help you involve the kids in the moving process. Read on to learn more!


Involve Them in the Process
It's easy to get distracted with the packing, planning, and paperwork involved with moving. But it's important to involve your kids in the process so they are able to adjust to this fun new chapter along with you. The amount that you involve them will depend on their age a level of ability to help. Here are a few considerations to get you started...
Ask for Their Input - Even if you aren't going to buy a home just because your little one likes it best, it can be fun for them to feel involved in the decision process. Ask what their favorite things are about each home you …

Does a New Construction Need Title Insurance?

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Buying a newly constructed home has a special, extra level of excitement connected to it. With brand new appliances, unused bathrooms, and unscathed walls, your brand new home will be an exciting prospect. You may be thinking that you don't need title insurance for the property. You will be the very first owners of the home after all! This is not exactly true. At Arrowhead Title, our experts are the best title agents at the Lake of the Ozarks and we know there are a lot of important reasons to get title insurance for your new construction. Read on to learn more!


Land Ownership If your new home is in a subdivision, it will be important to make sure that the parcels of land were correctly divided at the beginning. Your brand new house has never been lived in or owned by someone else, but the land may have a complicated history that could threaten your property ownership. If there is fraud, forgery, or unresolved liens on the land, you could end up having to pay large fines to fix the…

Could my Closing Date be Delayed?

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Arrowhead Title is the best title agency at the Lake of the Ozarks, and we are experienced in every type of real estate transaction. Today we have some great information on why your closing date might have to be delayed. It's never fun to have to change plans at the last minute, so being prepared can help you avoid these common issues. Read on to learn more!



1) Aggressive Timeline
Once you've made an offer on the house of your dreams and it has been accepted, then it is time to pick a closing date. If you are a first-time homebuyer, you may be surprised to find how far out this date can be. You have to make sure to provide enough time for the underwriters to request, receive, and review the materials they need. It is also important to allow inspectors and appraisers adequate time to perform the necessary inspections and report their findings. This timeframe can be about one and a half to two months depending on the details of the sale.

Plan for issues to come up during the clos…