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Showing posts with the label Lake of the Ozarks

Title Fraud and Cyber Security

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Buying a new home is one of the most exciting experiences in most homeowners’ lives, and the last thing you want to think about is cyber security.  But when you consider how much personal and financial information you share in the process of the transaction, and the amount of money being transferred, cyber security needs to be top of mind … especially when choosing a title company at the Lake of the Ozarks . For years, title companies have been responding to consumer demands for easier, faster, less cumbersome transactions.   With technology, we can communicate faster, have fewer human errors and move towards paperless closings including the use of E-closings and online notarization. But these conveniences come with certain risks due to the sensitive information that is shared digitally.   In fact, wire fraud and other email hacking schemes seem to be the biggest threats in real estate transactions today. Identity theft. How does home title fraud work?   One wa...

Closing on a Real Estate Transaction & Your Title Company's Role in the Process

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When closing on a real estate transaction, there are a lot of steps that must be taken and processes that must be completed to ensure a smooth and timely closing. When buying a home or property, there are several parties that will be involved in the process: your real estate agent, the lender, any vendors you may need throughout the process, the inspector and/or appraiser, and of course your title company. Selecting a title company to facilitate your closing is an important part of buying property at the Lake of the Ozarks . Your title company will fill an important role in the transaction process, so it's crucial that you find a reliable, accurate company you can trust. Most buyers have heard this advice several times. They know that selecting a good title company is important, but many homebuyers know very little about what a title company truly is or what we actually do. This week, Arrowhead Title, Inc. is here to help explain the important role we fill as a title company ...