6 Security Basics For Second-Home Owners

Owning a second home at the Lake of the Ozarks can be a great way to enhance your summer vacation experience. As a the proud of owner of a second home, you'll never have to pay for a hotel, and you'll be able to minimize your packing efforts for each trip by keeping your home permanently stocked with all your vacationing essentials. 

While its primary purpose is to serve as a vacation destination, your second home is a big investment opportunity as well. Home prices are on the rise, and interest rates are slowly but steadily beginning to climb again. As its value increases over time, your second home can become a powerful financial investment. In order for this investment to pay off, however, you have to take steps to protect your property.

 Protecting Your Second Home

 There are two primary aspects to protecting the value of your second home: maintaining it well by quickly addressing any needed repairs that come up, and protecting it from intruders. If natural disasters strike or your house develops an internal problem such as a plumbing leak, it's important to be able to act quickly. Similarly, it is important to respond swiftly if an intruder steals something of value or vandalizes your property.

Security Basics For Second-Home Owners

 Since you aren't there full time, protecting your second home may be more challenging than protecting your primary residence. Fortunately, the Lake Area boasts a remarkably low crime rate; there are very few reports of individuals breaking into homes and stealing items/causing damage. Nevertheless, it is important to be prepared. Here are a few simple reminders to help you protect your second home while you are away.
  1. Ask your neighbors to keep an eye out for any suspicious activity.
  2. Invest in a home security system.
  3. Keep spare keys well hidden - avoid obvious hiding places like under door mats or in decorative rocks.
  4. Monitor your home's exterior with security cameras.
  5. Make it look like you are home by programming certain lights to turn on at various intervals.
  6. Cancel your mail delivery through the post office, or ask a neighbor to pick up your mail for you.

Buying Your Second Home? Arrowhead Title Can Help!

Are you considering joining the ranks of second-home owners at the Lake? Our Lake of the Ozarks title company has facilitated countless real estate transactions over the past thirty-three years. If you are thinking about buying a second home at the Lake of the Ozarks, we would be honored if you would consider our title company in Lake Ozark MO to assist with the transaction.

Visit our website at www.ArrowheadTitle.com for more information about our Mid-Missouri title and escrow services.

 The Lake of the Ozarks' Most Trusted Title Company
Where Accuracy Matters!



+1 us on Google

750 Bagnell Dam Blvd Suite B
Lake Ozark, MO 65049
Location: Lake Ozark, MO 65049, USA

Comments

Post a Comment

Popular posts from this blog

Title Commitment vs Title Report

Image
Do you know the difference between a title commitment and a title report? While these documents may sound similar at first, they actually serve very different purposes and should not be confused. As your trusted title company at the Lake of the Ozarks , Arrowhead Title is here to help clear up any misunderstandings you may have about title commitments and title reports. Title Commitments Title commitments are issued when someone is in the process of buying a home or piece of property. After the title search has been conducted (that is, after your title company has thoroughly researched the public documents for any pertinent information regarding the property), the next step is to issue the title commitment.  The title commitment is exactly what it sounds like: a commitment  to provide title insurance to the lender and the buyer under the terms described. The title commitment outlines the conditions and exceptions that will impact the title insurance policy. Conditions to
Read more

9 Fun Facts About Title Insurance

Image
Title insurance is a crucial part of buying real estate, whether a home, business, or commercial or residential plot of land. Without title insurance, your right to use and occupy your new property may be hindered by rights and claims asserted by others - potentially even years after the closing date. Despite its incredible importance, title insurance is largely misunderstood (if it's understood at all) in the general community. Arrowhead Title, Inc. is here to educate you on our unique industry by filling you in on these fun facts about title insurance. Fun Facts About Title Insurance 1.   Benjamin Franklin was the first person to come up with the concept of title insurance. 2.   Title insurance's primary focus is proactive, not reactive - it aims to prevent issues from ever arising in the first place. 3.   Title insurance is available in several other countries (not just the States). For example, it is used in Northern Ireland, Canada, Mexico, New Zealand, Austra
Read more

Why Would I Need a Title Search vs Owners and Encumbrance

Image
Purchasing your Lake of the Ozarks home can come with a few unexpected expenses.  When faced with the decisions of what title insurance to choose when buying your home, count on Arrowhead Title, Inc. , to help accurately answer the questions you may have.  O&E vs Title Search As a new home buyer, the question of whether to get a full title search or an owner and encumbrance (also known as a title report) may come up in your home search process.  It is important to first understand the difference between the two.  Owner & Encumbrance Owner and encumbrance reports are simplified non-insurance title reports designed for informational purposes only.  Also known as a property report, this report is a limited search of public records.  It does not provide any insurance. However, the title search does provide valuable information concerning the property such as the property’s most recent owner, taxes owed on the property, outstanding deed of trust, and possible liens. A
Read more