Showing posts from October, 2020

A Title Company's Role in the Closing Process

There are several interested parties involved when it comes to purchasing a home: a realtor, a lender, third-party vendors such as an appraiser/inspector, contractor,etc., and naturally, your title company. When choosing a title company at the Lake of the Ozarks, choose a local expert that knows the industry as well as the area. Your title company will play an essential role in your financing and closing process, so having someone you can trust wholeheartedly is imperative to your peace of mind and your investment.At Arrowhead Title, we are committed to providing top-notch accuracy and title services at the Lake of the Ozarks. So, when you're looking for a trusted local to handle your real estate transaction, rest assured that we have your back every step of the way. Analyze Title HistoryOne of the first and most important items a title company facilities during closing is the title research. This crucial step is essential for determining the history of the property, such as: Seller…

5 Common Reasons of Delayed Real Estate Closings

Purchasing a home is an exciting time for all involved, however, there are some "pitfalls" that could postpone or even prevent your real estate transaction from closing. These potential pitfalls can be mitigated by using a reputable lender, real estate agent, and title company at the Lake of the Ozarks, to care for your transaction, start to finish. While even the best companies in these industries cannot combat all of the items that may arise, simply because they are out of their control. They will find these issues far before your closing and recommend guidance for your real estate closing at the Lake of the Ozarks. Continue reading our blog to find 5 common reasons your closing may be delayed. 1.Discrepancies in Closing StatementA closing statement is a document that itemizes each fee or charge that is involved in the real estate transaction, for both the buyer and seller. The title company and lender work very closely with one another when preparing this document as the f…