Showing posts from April, 2021

Ways to Ease the Process of Buying a Lake Home

Buying a home at the Lake of the Ozarks is a large step, but an exciting one, nonetheless. Plus, once it all comes to fruition, you’ll be leisurely enjoying your days in a brand-new Lake Home! The process can be difficult at times, leading to stress and uncertainty, but with the right team of people backing your transaction and helping you navigate the market at the Lake, it can be made simple. In this week’s blog, the best title agency at the Lake of the Ozarks , Arrowhead Title , is here to provide some insights that can help ease the homebuying process here. Consider Getting Prequalified Buying a home is a huge investment! So being diligent in accounting for your finances is key to beginning any home buying process. You’ll have more than just the listing price to consider. Down payment, realtor fees, mortgage lending fees, inspections, and other closing costs. One easy way to keep track of these fees is to speak to a mortgage lender at the Lake of the Ozarks. They are familiar

5 Items that can Cause Closing Delays

As the best title company at the Lake of the Ozarks , Arrowhead Title has experience in handling every type of real estate transaction imaginable. One of the most important factors for many of our clients is when they can expect their closing to take place. The closing date should be as accurate and timely as possible ensure a satisfactory experience for both the buyers and the sellers. In this week's blog, Arrowhead Title is giving you the top 5 items that cause closings to be delayed, so that you know what to be aware of to ensure your closing goes off without a hitch.  1) An Aggressive Timeline After you've found the home you can't live without and make an offer it's time to pick the closing date. If you're not as experienced with buying or selling homes, this date may seem far out. However, there are many things that go on behind the scenes to ensure that the home is clear and sound, as well as securing your ownership rights. It's essential when picking a c

4 Tips to help Select the Best Title Company

When buying real estate at the Lake of the Ozarks , you'll typically have your choice of title company to handle your transaction. They will play an integral role in your closing process, so ensuring that you select the best one is important. At Arrowhead Title, we strive to provide the best title services at the Lake of the Ozarks , and are considered to be one of the best. In this week's blog, we're going to be discussing a few tips that will help your decision making process when choosing a title company. Read on to learn more! Your title company will be intimately involved with your transaction real estate transaction. The title company is responsible for: Conducting a title search to make sure your title is free and clear prior to transfer Issuing a title policy to protect your right to use and occupy your land Preparing the title and deed Facilitating the final transaction to ensure that all debts are paid and that the remaining funds are distributed to the appropriat

What’s Right for Me, Owners & Encumbrance or Full Title Search?

  Are you thinking of purchasing a home at the Lake of the Ozarks ? If so, you may be faced with the decision of a title report (also known as owners & encumbrance) or getting a full title search with title insurance. Buying a home has many intricacies, some of which can come with unexpected fees if you’re not prepared. In this week’s blog, the best title company at the Lake of the Ozarks , Arrowhead Title, is going to share a little information to help you decide which route is best for you. Obtaining a owners & encumbrance report or a full title search. Read on to learn more! Understanding the Difference When buying a new home, knowledge about the property is one of the most valuable things you can have BEFORE the purchase. You may find yourself with the option of choosing a owners & encumbrance report (aka title report) or getting a full title search. In order to know which is best for your buying situation, it’s necessary to understand both terms and what they provi

What’s the Difference: Title Commitment vs. Title Report

As your trusted title company at the Lake of the Ozarks , Arrowhead Title strives to educate clients about real estate title, escrow, and closing services so that they make informed decisions on their transactions. With that being said, do you know the difference between a title commitment and a title report? If not, this week’s blog will help to distinguish the two. Read on to learn more! A Title Commitment Simply, a commitment from the title agency to issue title insurance to the lender when financing the purchase of a home on behalf of a borrower. This commitment is issued after the title company has thoroughly reviewed public records through a title search. Ensuring that there are no potential pitfalls in prior ownership history or existing liens. This commitment will outline the conditions and exceptions that the company will cover in the insurance policy. Commitment Conditions: are requirements that must be met for the title insurance policy to be issued. Commitment Exce