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Showing posts with the label How Can Title Insurance Protect You

Title Hazards and How You Can Protect Your Investment

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There are several things people to do protect themselves as homeowners, such as thoroughly reviewing the inspection to identify potential issues and purchasing homeowners insurance to guard against the financial loss that may result from a fire or natural disaster. These two examples aren't the only pieces to the puzzle, however. This week,  Arrowhead Title, Inc.  is here to reexamine another important aspect of protecting your investment: Title Hazards.  Examples Of Title Hazards If you are new to the world of real estate, you may be wondering what types of hazards could potentially threaten homeowners in such a way that would threaten the right to use the property. Here are a few examples of the various threats that title insurance can help guard against. A  missing heir  that was named in a previous owner's will, but whose location was unknown at the time of the sale. She could eventually surface and stake claim on the property. An  unknown e...

Benefits of Getting Title Insurance

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Title insurance may not be as well-known or as well-understood as other types of insurance, but it is equally (if not more!) important. Title insurance protects your property investments in the event that someone else decides to stake a claim on your personal property. Having an accurate, experienced title insurance company on your side during any commercial or residential estate transaction can make all the difference. Check out some of the benefits you'll reap by getting title insurance. Background Information By purchasing real estate, you are essentially purchasing the legal right to use and occupy the land. When you make this purchase, you are given the "title," to the land. The term "title" can refer to your rights surrounding the use and ownership of the land or it can refer to the physical document (the deed) that declares you the rightful owner. Protection Sometimes, title issues can arise. Titles can be limited by others staking claim over ...

18 Reasons To Get Title Insurance

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If we've said it once, we'll say it a thousand times - your home is probably the biggest investment you will ever make in your lifetime. Our homes serve as a place to live, but they are also major financial assets that are often worth hundreds of thousands of dollars. The team at Arrowhead Title, Inc. is here to remind you to protect your biggest asset with these reasons to get title insurance at the Lake of the Ozarks . 18 Reasons To Get Title Insurance Your property may have unknown liens still placed against it. The previous owner may not have had the right to sell the property. An unknown heir may appear and stake a claim on the property. A deed or a mortgage somewhere in the chain of title could be a forgery. City councils or local governments may claim the right to use part of the property to make a roadway. A deed or mortgage somewhere in the chain of title may have been signed by someone who was mentally unstable, under the age of 18, or otherwise unable t...