Arrowhead Title, Inc.

Building a new home at Lake of the Ozarks is SO exciting, and for most people, it is a dream come true. Is also a lot of work, with a lot of decisions to be made.  If it’s your first time, most likely there’s a bit of a learning curve too. As a trusted title company at Lake of the Ozarks , the title agents at Arrowhead Title know that when it’s your first time building a home, there are some important things that are easy to overlook. One of those is title insurance. Quite often, people don’t even think about title insurance on an empty lot or a new build. However, there are some very important reasons why you need title insurance on your property and new construction just as much as you do on any other house. If you’d like to know exactly why having title insurance before you start building is the best plan of action, just keep reading this blog. Proving property ownership One of the main reasons for having a title search done is to ensure that the person who is selling you the ...

If you're considering purchasing a newly constructed home, you may be thinking that purchasing title insurance for a new home isn't necessary. Some buyers of newly built homes may assume that because they’re buying a home that no one else has ever owned, title issues shouldn’t be a problem. However, title insurance is critically important to buyers of both new and resale homes for many reasons. This week, we're looking at the reasons why even newly constructed home titles should be covered by title insurance. Legal Ownership of the Land In a brand new subdivision, you need to make sure the land was properly subdivided and that your home is on the correctly identified lot in the subdivision so that there’s no question of ownership in the future. While your house is new, the land it’s built on is not, so it’s possible to have a third party make a claim on the property. When title faults or claims are left unsettled for years, the new owner could face a significant fina...