Showing posts from February, 2020

Does a New Construction Need Title Insurance?

Buying a newly constructed home has a special, extra level of excitement connected to it. With brand new appliances, unused bathrooms, and unscathed walls, your brand new home will be an exciting prospect. You may be thinking that you don't need title insurance for the property. You will be the very first owners of the home after all! This is not exactly true. At Arrowhead Title , our experts are the best title agents at the Lake of the Ozarks and we know there are a lot of important reasons to get title insurance for your new construction. Read on to learn more! Land Ownership If your new home is in a subdivision, it will be important to make sure that the parcels of land were correctly divided at the beginning. Your brand new house has never been lived in or owned by someone else, but the land may have a complicated history that could threaten your property ownership. If there is fraud, forgery, or unresolved liens on the land, you could end up having to pay large fines t

Could my Closing Date be Delayed?

Arrowhead Title is the best title agency at the Lake of the Ozarks , and we are experienced in every type of real estate transaction. Today we have some great information on why your closing date might have to be delayed. It's never fun to have to change plans at the last minute, so being prepared can help you avoid these common issues. Read on to learn more! 1) Aggressive Timeline Once you've made an offer on the house of your dreams and it has been accepted, then it is time to pick a closing date. If you are a first-time homebuyer, you may be surprised to find how far out this date can be. You have to make sure to provide enough time for the underwriters to request, receive, and review the materials they need. It is also important to allow inspectors and appraisers adequate time to perform the necessary inspections and report their findings. This timeframe can be about one and a half to two months depending on the details of the sale. Plan for issues to come up

March Events at the Lake to Welcome Spring!

Spring is almost here, and we are ready! Arrowhead Title is involved in the community and we are proud to be the best title company at the Lake of the Ozarks . Even though the temperature is chilly right now, soon the sun will come out and the weather will warm up. When it does, you won't want to miss out on these great events around the Lake area in March. Read on to learn more and pick your favorite! North Lego Movie 2 and Building Contest March 1st, 11:00am The Regalia Hotel & Conference Center 250 Racquet Club Dr. Lake Ozark, MO 65049 Watch Lego Movie 2 and compete in the Lego Building Contest! Enjoy the movie for free, and enter the building contest for just $5 per contestant. (Your Lego must be brought in disassembled.) Seating is limited! LOMDA St. Charles Boat Show March 5th-8th St. Charles Convention Center 1 Convention Center Plaza March 5th: 3pm-9pm March 6th: 12pm-10pm March 7th: 10am-9pm March 8th: 10am-5pm

Real Estate Forgery - Can it Happen to Me?

Forgery sounds like something that only happens in the movies, or on the rare occasion in big companies or personal checks. However, it is actually becoming quite common in the real estate industry. Are you protected? Arrowhead Title is the best title agency at the Lake of the Ozarks and we have the knowledge and experience to help protect you from the dangers of forgery on your title. Read on to learn more about how forgery happens and how to prevent it! How Does Real Estate Forgery Happen? When someone forges a homeowner's name on a property deed, they are committing forgery. They then use that title to claim ownership of the property. People who commit this fraud are usually able to get the deed notarized under false pretenses. They can then use the deed to take out a mortgage loan on the property and collect the money for themselves. It can take a long time for the bank to catch the issue. Sometimes it is too late. Who Has to Deal With It?  Whether or not the for