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Closing Documents in Detail

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The best title company at the Lake of the Ozarks , Arrowhead Title, takes pride in providing the utmost closing and escrow services to our clients seeking real estate at the Lake. We also educate our clients throughout the process to ensure they can make decisions with confidence. In this week’s blog, we’re going to be talking about the pertinent documents you’ll find at your real estate closing at the Lake of the Ozarks. Read on to learn more! Closing Disclosure (CD) A closing disclosure is a document that includes the final details and terms of your loan transaction. Reviewing this document thoroughly is essential to ensure that all fees (and who is responsible to pay them), cash-to-close, interest rate, amortization, and payment dates are accurate. Your mortgage company and title agency will have ensured these balances before it gets to the closing table, but it’s wise to give it a review before signing to avoid any clerical errors that may have occurred. The Note Also know

Answering Escrow Questions for the First-Time Home Buyer

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The best title agency at the Lake of the Ozarks , Arrowhead Title provides the utmost closing and escrow services for all your real estate needs at the Lake. We are dedicated to our community and the clients we serve and as such are here today to tell first-time home buyers what they need to know about escrow services at the Lake of the Ozarks. What Are Escrow Services? Firstly, let's start by covering what escrow services actually are. Escrow settlement services help facilitate transactions. They are provided by a title company in the purchase/sale of real estate. Here is what you can expect those services to include: Handling the deposit and disbursement of funds Calculating and adjusting the amounts due for taxes, insurance, rents, etc. Securing a title insurance policy Recording deed and loan documents Coordinating the signing of loan and closing documents Preparing the final statement that outlines funds received and to be disbursed  Escrow Account? What's That? Also know

Just the Facts: Deeds

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 While deeds aren't necessarily the most fun topic to cover, they're an important document that helps to protect and prove your ownership rights to the property. As such, understanding the different types of deeds involved in real estate can be of great benefit to you. As the best title agency at the Lake of the Ozarks , Arrowhead Title is here to give you the facts on deeds and what each covers. Trust-Held Deeds Trusts are complicated if you don't understand the language. So, we'll start with some terminology first. Trustee: The party administering the trust on behalf of the trustor Beneficiary: Benefits from the trust Trustor: The creator of the trust (aka: the Grantor) Deeds of Trust transfer the title to the trustee from the trustor. These are required on mortgage loans at the Lake of the Ozarks. Reconveyance Deeds transfers the title back to the trustor once loan obligations are met (paid off). Trustee's Deeds transfer the title to someone other than the trust

March Events You Won't Want to Miss (Part 2)

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In this week's blog, Arrowhead Title , your premier title, and escrow company at the Lake of the Ozarks  is showcasing some additional events to help welcome Spring at the Lake of the Ozarks coming this March. We believe that the Lake is a wonderful place to live, which is why we enjoy making it our home year-round. And as you can see, we have a lot to offer - even in the offseason. March 13th: St. Pat's Pub Crawl Mar 13, 2021 Captain Ron's Captain Ron's 82 Aloha Ln Sunrise Beach MO 65079 Participants can purchase wristbands to ride designated buses to over 15 local westside bars and restaurants for St. Patrick's Day celebrations. Food & Drink specials and live entertainment at leach participating location. Visit the website listed above for more information. Website: https://lakewestchamber.com/st-pats-pub-crawl/ March 27: Spring Craft Show Camden County Museum Camden County Museum 206 S Locust St Linn Creek MO 65052 Lots of local crafters with a variety of ite

March Events You Won't Want to Miss (Part 1)

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The best title company at the Lake of the Ozarks is ready to welcome spring, and we're sure you are too! So, in this week's blog, were going to be highlighting just a few of the upcoming events at the Lake to help us celebrate spring at the Lake of the Ozarks. Arrowhead Title  is proud to be an active member of the community, assisting with all your escrow and closing needs, charitable organizations, and events such as these. Read on to see what's in store! LOMDA St. Charles Boat Show Mar 04, 2021 - Mar 07, 2021 St. Charles Convention Center St. Charles Convention Center 1 Convention Center Plaza St. Charles Missouri 63303 The Lake of the Ozarks Marine Dealers Association would like to invite you to the 2021 St. Charles Boat Show! This premier boating event it perfect for avid boaters both commercial and recreational. It draws a large crowd of boating enthusiasts from all across the Midwest. Learn more here: http://stcharlesboatshow.weebly.com   Spring Garage Sale at Camde

A Few Reasons Arrowhead Title is the Title Company for You!

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Your title company will play a large role in your real estate purchase and closing process. As such, it's essential to not only your peace of mind but the security of your investment that you choose the right title company for your needs. As a trusted title agency at the Lake of the Ozarks , Arrowhead Title has been assisting clients with their real estate settlement needs for over 36 years! If you're looking into real estate at the Lake, allow us to use our extensive title and escrow services at the Lake of the Ozarks to help get you settled.  Years of Dedication Arrowhead Title has been proudly servicing the Lake of the Ozarks with its title and escrow service needs for over 36 years. Over this time, we've seen a lot and overcame many trials and tribulations. As such, there's not much we haven't seen in terms of title issues. This gives us the ability to adapt and overcome nearly any issue that could arise in your transaction. Allow our years of dedicated service

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