Arrowhead Title, Inc.

For those who are not in the real estate industry, real estate closings aren’t something you do very often. As a result, many people are not familiar with exactly what title insurance is, how it works, and why they need it. They just know it’s a necessary step in order to close on their new house. But there are very important reasons why title insurance is required. In this week's blog, we wanted to talk about three common myths regarding title insurance and share the truth with you so you can make an informed decision. At our title agency at Lake Ozark , we believe in clear communication and educating our clients. We know it is not worth taking any chances when it comes to your real estate closing. So, if you would like to learn the truth regarding some common misconceptions surrounding title insurance, just keep reading. Myth #1 - If my title search comes back clean, I really don’t need title insurance. Our title agents at Lake of the Ozarks are extremely skilled in conducting t...

Title insurance can be a bit confusing for those who are not in the real estate industry, and there are a lot of misconceptions people have about it.  Understanding exactly what it is, how it works, and whether you need it is important when you are doing a real estate closing at the Lake of the Ozarks .  Your property ownership rights may depend on it. At Arrowhead Title, we have a philosophy that focuses on clarity, communication, and educating our clients.  We have been providing title services at the Lake of the Ozarks since 1984 and we know that it is not worth taking any chances when it comes to your real estate closing.  So today, we want to clear up some of the common myths and misconceptions surrounding title insurance. Myth #1 - If I am building a new home, I don’t need a title search or title insurance. Imagine investing all the money to build a new home just to find out the person who owned the land did not have the right to sell it to you because of an ...

Title insurance is different in some ways than most types of insurance policies, and there are a lot of misconceptions about it.   Many people are not exactly clear on what it is, what it does, how it works, and whether they really need it.   With decades of experience as a title agency at the Lake of the Ozarks , we thought we would shine some light on some of those myths and bring you the facts. If lendor title insurance is all that is required – it must be all I need. The lendor’s title insurance required by your bank is to protect them, not you.   They require clear title in case they have to recover their funds in case you default on the loan. But you are still vulnerable and liable for any title defects that may come up even years after purchasing your home.   While the bank does not require you to protect yourself from a very costly and devastating threat to your property rights, that certainly does not mean that it is okay for you to leave yourself open ...

Title insurance is not something that a lot of home buyers understand very well. It isn't a particularly exciting topic if you aren't familiar with how important it is in protecting your rights to your new property. Arrowhead Title has found that oftentimes people aren't even sure what title insurance is and aren't sure whether or not they need it. As the best title company at the Lake of the Ozarks , we know exactly what it takes to successfully close on  home and keep your title safe for years to come. Keep reading to learn about a few common myths about title insurance. Title Insurance Isn't Necessary Everyone should have title insurance. You may think you know the whole history of the house you're purchasing, but it's impossible to know everything. Title insurance protects your right to the property in the event that a previously unknown heir claims ownership of the property, if it is later revealed that the "sellers" were not the...

Unlike health or auto insurance, many people don't understand the importance of title insurance. Most of those people that don't feel the importance, feel that way because they don't fully understand what title insurance does, or they have heard some misconception that leads them to believe title insurance isn't really necessary. Keep reading as we debunk several of the common myths revolving around title insurance at the Lake of the Ozarks . Myth #1 - You Can't Choose Which Title Insurance Company To Work With  Probably one of the most common misconceptions people have about title insurance is that they have to go with the company that their mortgage lender chooses. As the buyer of the property, you have the right to research title companies and select the one of your choosing. While it may seem like less of a hassle to go with the preferred title company of your lender, keep in mind that they may not have your best interest in mind. Not all title insurance ...