Arrowhead Title, Inc.

When thinking about insurance, some of the first types that may come to mind are car insurance, home insurance, life insurance, etc. There are a plethora of insurance types, but there is one that is frequently looked over, but it is so important to familiarize yourself with what it is and why it is important.  When it comes to insurance, making sure you have a team who is knowledgeable and ready to assist you in any means is so important, which is why we consider ourselves the premier title company   at the Lake of the  Ozarks. In addition to this, we are well-versed in title insurance, and are ready to assist you with all your needs and want to inform you on why title insurance is so important to a new property buyer.  What is Title Insurance? When purchasing real estate, you are purchasing the title to the property – the right to occupy and use the land.  That title may be limited by rights and claims asserted by others, which may limit your use and enjoyment ...

When we talk about the costs of buying real estate at the Lake of the Ozarks , we talk about several different things.  Buying and selling real estate is a complicated transaction that requires careful attention and precision from every party involved.  In addition to the funds being transferred as a result of the sale, there are multiple expenses that must be satisfied in order to complete the transaction. The home inspection, home appraisal, and earnest money are just a few examples. The other major expenses are lumped together in a broad category that is simply called "closing costs." Title insurance can be confusing for home buyers. What type of title insurance policy is required to own a home and who is responsible for paying the closing costs and title insurance? It is important to understand the intricacies that go into the home buying process. First, you need to understand what closing is and what is included in the closing costs.   Arrowhead Title, Inc....

Although liens are common in the real estate world, they're often overlooked by home-buyers because they don't understand the implications that can arise from such things on a deed. Unfortunately, the failure to anticipate and settle outstanding liens before closing can lead to delayed or derailed deals. Worse, undiscovered liens can cause years of legal problems after a sale. What is a Lien? A lien is a right to keep possession of property belonging to another person until a debt owed by that person is discharged. Liens on real estate are a common way for creditors to secure debts that are owed to them. A property lien is a notice attached to your title informing everyone that you owe money. In today's blog, your Lake of the Ozarks title company explains the implications of having a lien on your property. Selling Your Property When you have a lien on your home, you are not able to sell it. In order to sell or refinance your home, you must have a clear title. Hav...

A house is quite possibly the largest purchase you will ever make in your lifetime. With so many dollars on the line, it's important to make sure your investment is protected. There are several things people to do protect themselves as homeowners, 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; this week, 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 l...

Title insurance is possibly one of the least-understood forms of insurance, but that does not mean it is any less important. There are several factors that set title insurance apart from other forms of insurance, which is perhaps why title insurance is so poorly understood overall. This week, your trusted title company at the Lake of the Ozarks is here to identify some of the things that set title insurance apart and how these factors can benefit you. Title Insurance Protects Against Future Hazards How does your car, home, or health insurance work? These types of insurance offer financial compensation after an accident has occurred , such as a car wreck or a flooded basement. Title insurance, on the other hand, protects you by preventing accidents from occurring in the first place . The title search that is conducted before a title insurance policy is issued works to uncover potential hazards before they have a chance to become problematic. Our focus on risk elimination gi...

Performing a title search and securing title insurance are crucial components of buying a house at the Lake of the Ozarks . Buying a home is a big undertaking (not to mention the largest investment you will probably ever make), so it's important to make sure your efforts are protected. Title insurance can help you do just that. Why Do You Need A Title Search? Before you close on your new home, we will conduct a title search to uncover any outstanding liens or other complications that may pose challenges down the road. Examples of these types of complications may include: Errors in public records Unknown or undisclosed liens against the property Forged documents or signatures Unknown easements These things (and others) can threaten your ownership or enjoyment of your land, so it's important to uncover any issues before you close. This way, you will be able to resolve them before your new home becomes legally yours - and if they are unable to be resolved, you ...