Showing posts from January, 2019

4 Reasons to Choose Arrowhead Title

Arrowhead Title, Inc.   has been serving the Lake area since 1984 and is proud to be a trusted title agency at the Lake of the Ozarks . In that time, we have helped hundreds of customers and developed many fantastic customer relationships. We know that part of the real estate transaction process includes finding people you can trust to guide you through the steps of closing. We want to share with you just a few reasons why we believe we're a great choice for your title and escrow service needs at the Lake of the Ozarks . Absolute Accuracy When it comes to real estate and title matters, accuracy is absolutely essential. Even one small oversight or error could cost a homeowner hundreds (or possibly thousands) of dollars. In order to protect our clients' current and future interests, our title experts conduct every transaction with the utmost precision and accuracy. Personalized Service Often, homeowners and homebuyers seeking title services are in the midst of a proce

5 Questions You May Have About Your Escrow Account

Many homeowners put money into an escrow account each month, sometimes without even realizing they're doing it. A portion of your monthly mortgage payment is broken out into this separate account. The money in the escrow account goes to pay bills like insurance and property tax, this way you do not have to save separately for these expenses that go hand-in-hand with homeownership.  Arrowhead Title, Inc.  has provided a list of frequently asked questions about escrow accounts. 1. Q: Why am I required to have an escrow account? A: An escrow account is usually required if the down payment on your home was less than 20%. Property taxes and insurance premiums are a few of the large expenses this account helps pay. You make one combined mortgage and escrow payment each month and your mortgage company will then deposit a portion into your escrow account. When your property tax and insurance bills are due, they are paid on your behalf. 2. Q: What is an escrow analysis? A: As requi

Refinancing and Your Title Insurance Policy

People refinance their homes for many reasons. Most commonly, refinancing is used to readjust the terms of the mortgage loan or to get a lower interest rate. One thing most people don't think about when refinancing, though, is the impact it will have on their  title insurance policies . If you're thinking about  refinancing your home at the Lake of the Ozarks , here is some important information to keep in mind. Refinancing - It's Still A Home Loan When you refinance your home, you are essentially taking out a new loan to pay off the original loan in full. Because you are taking out a brand new loan, you will have to undergo the same process (and cover the same costs) that you did when you originally purchased your home. For example, you will probably need to... Purchase a professional appraisal of your property Cover the closing costs associated with the loan Purchase a lender's title policy to protect the lender Your lender will provide you with an est

5 Reasons Your Real Estate Closing May Be Delayed

When it comes to buying and selling real estate, closing a transaction isn't always cut and dry. There typically tends to be at least a few small hiccups along the way. As a buyer or seller, you may not see those hiccups because your lender, real estate agent, and title company at the Lake of the Ozarks are working on the back end to address the issues as quickly and painlessly as possible. But they do happen. Unfortunately, some problems that arise can cause delays in the closing process. Here are 5 reasons your real estate closing may be delayed. 1. Unrealistic Contract Dates One of the most common reasons why a real estate closing is delayed is because of unrealistic contract dates that were agreed upon in the purchase offer. If there isn't any issues with financing, inspections, contingencies being handled or any other number of variables, it may be easy for all parties to meet the set deadlines. However, when it comes to real estate transactions, it's hardly ev

Check out the 19th Annual Lake of the Ozarks Eagle Days!

The Lake of the Ozarks is an amazing place to live all year long. The countless family-friendly activities ensure that there is always something to do or see. This week,  Arrowhead Title, Inc.   is proud to support one of these great annual events: Lake of the Ozarks Eagle Days! Lake of the Ozarks Eagle Days - Event Info Ameren Missouri's Lake of the Ozarks Eagle Days will return for its 19th year at the Lake on Saturday, January 5, 2018 and Sunday, January 6, 2018. This event is FREE and open to the public. The event will be from 9am – 5:30 pm on Saturday, January 5th and from 10am – 4:30 pm on Sunday, January 6th. It is the community spirit of the Lake of the Ozarks that makes this annual event possible for all to enjoy. For up to date information on this great event,  like Eagle Days on Facebook . Free Family Fun At The Lake! Eagle Days is one of the most popular winter events at the Lake. Live eagles, turkeys, owls, and hawks will make appearances, promising an