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Showing posts from January, 2021

Title Insurance for New Construction: Do You Need It?

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There's a certain appeal to a newly constructed home that just hits differently than buying an already built home. Especially if you're making building a custom home where you can hand-select all the features, amenities, and appliances you'd like. Although, there are a few more intricacies to new residential construction. So, as the best title company at the Lake of the Ozarks , Arrowhead Title thought it fitting to showcase a way to help protect your investment - title insurance! Read on to learn a few reasons it's beneficial to purchase title insurance on your new construction! Land Ownership When purchasing land to build on, it's important to ensure that the parcels of land are correctly divided and recorded. While your new home will not have had any owners before you, the same cannot be said about the land you're building on. There could be a complicated history of ownership of the land and obtaining title insurance is one way you can protect yourself from

Size Matters: A Guide to Buying the Right Size Home for You

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Are you thinking about buying a home at the Lake of the Ozarks , but not quite sure how much space you'll need to live comfortably? It can be difficult to visualize the living difference between a 1,500 sqft and say a 2,000sqft home if you don't have a way to reference and compare side by side. As the best title agency at the Lake of the Ozarks , Arrowhead Title sees it fitting to give a few tips to help you determine the perfect size home to suit your needs. Continue reading to learn more! Your Type of Lifestyle One of the first things to consider is what type of lifestyle you're planning on living out in the home. If you're growing your family and having children or plan on regularly entertaining guests, you'll want to opt for a larger space. However, if it's just you and the spouse/significant other, you can likely get by with less space to live comfortably. Other considerations such as a home office/recreation room, storage capabilities, extra bedrooms/bath

All you Need to Know About Closing Costs

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 When buying a home at the Lake of the Ozarks , or refinancing an existing mortgage, there are several different costs associated that you may not be aware of. You'll have fees from your mortgage lender, interested third parties such as title companies and insurance agencies, as well as realtors fees (on a purchase.) As the most trusted title company at the Lake of the Ozarks , we know that it's essential to understand all the costs associated with buying or refinancing. Therefore, we're here today to shed a little light on closing costs and what you need to know about them. What are Closing Costs? Closing costs can vary for every real estate transaction, but there are some general fees that are the "cost of doing business." This ensures that all necessary information is complete for a smooth and successful closing. Below are a few of the general costs you can expect to see at the closing table: Loan origination fees Title insurance & search fees Underwriting