Arrowhead Title, Inc.

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...

Although liens are common in the real estate world, they're often overlooked by home-buyers because they don't understand the implications that can arise from such things on a deed. Unfortunately, the failure to anticipate and settle outstanding liens before closing can lead to delayed or derailed deals. Worse, undiscovered liens can cause years of legal problems after a sale. What is a Lien? A lien is a right to keep possession of property belonging to another person until a debt owed by that person is discharged. Liens on real estate are a common way for creditors to secure debts that are owed to them. A property lien is a notice attached to your title informing everyone that you owe money. In today's blog, your Lake of the Ozarks title company explains the implications of having a lien on your property. Selling Your Property When you have a lien on your home, you are not able to sell it. In order to sell or refinance your home, you must have a clear title. Hav...

Title insurance provides one-of-a-kind protection for property owners and lenders. Whereas other types of insurance focus on the potential of financial loss relating to the property itself, title insurance guards against financial loss that may relate to an owner's right to use and occupy his land. If you are new to the world of real estate, you may be wondering what types of hazards could potentially threaten homeowners in this way. Here are 7 defects that could negatively affect your title. 1. Ownership Interest When you purchase or otherwise come into ownership of real estate, you gain an ownership interest in it. Ownership interests in real estate can be solely held or divided among several people. You can convey your ownership interest, but you can't compel any fellow owners to sell their ownership interests in a jointly owned house, nor can you sell the entire house without their permission. This is a common issue that arises with ownership interest. 2. Improperly...

A house is quite possibly the largest purchase you will ever make in your lifetime. With so many dollars on the line, it's important to make sure your investment is protected. 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. How Title Insurance Protects Your Investment Title insurance provides one-of-a-kind protection for property owners and lenders. Whereas other types of insurance focus on the potential of financial loss relating to the property itself, title insurance guards against financial loss that may relate to a owner's right to use and occupy his land. It also protects l...