Arrowhead Title, Inc.

As you prepare to finalize the purchase of your new home's lot and begin making plans for the build, you may be thinking that  purchasing title insurance for a new home  isn't necessary. If you're the first owner of the home, there shouldn't be any title issues... right? Actually, you'd be wrong. Title insurance is critically important to buyers of both new and resale homes for many reasons. Take a look at 3 very important reasons why even newly constructed home titles should be covered by title insurance. 1. Legal Ownership of the Land In a brand new subdivision, you need to make sure the land was properly subdivided and that your home is on the correctly identified lot in the subdivision so that there’s no question of ownership in the future. While your house is new, the land it’s built on is not, so it’s possible to have a third party make a claim on the property. When title faults or claims are left unsettled for years, the new owner could face a signifi...

As a responsible consumer, you probably know all about the importance of having home, auto, life, health, and other insurance coverages to ensure that your personal belongings and family are properly covered. Our  title company at the Lake of the Ozarks  wants to take this opportunity to raise awareness for one of the lesser known (but equally important) forms of insurance that every homeowner should be aware of: title insurance. What Is Title Insurance? Title insurance, as its name implies, is a service that ensures a property owner's right to the title of their land. In other words, it protects the property owners' right to use and occupy the land as long as they or their heirs have a vested interest in the property. Title insurance policies are issued at the date of the closing and are purchased for a one-time premium, making them much more affordable than other forms of insurance currently available. What Do I Need To Know About Title Insurance? Title insurance com...

When buying a home there are some things that are extremely important to consider, such as whether or not to purchase title insurance. Though it is one of the most important types of insurance available on the market today,  title insurance  is still largely misunderstood. This leads to homeowners not wanting to purchase it, which unfortunately can be a huge mistake. In addition to providing this crucial service to  homebuyers at the Lake of the Ozarks  and surrounding areas, we have made it our mission here at  Arrowhead Title, Inc.  to educate our clients on the importance of title insurance and all that it provides. Check out these 4 facts about title insurance that you may not have known. 1. Title Insurance Protects Your Right To Use & Occupy The Land Most people know that title insurance is part of the closing costs associated with  buying real estate at the Lake of the Ozarks  (or anywhere else), but very few people truly understa...

"To buy title insurance, or not to buy title insurance?" It shouldn't even be a question! No purchase of real estate at the Lake of the Ozarks will be complete without also purchasing a title insurance policy. Title insurance comes in two primary forms: owner's policies and lender's policies. As their names suggest, owner's policies protect the homeowners and lender's policies protect the mortgage lenders who provide the mortgage loan required to purchase the property. Each type of policy offers distinct benefits. Keep reading to learn more about some of the advantages title insurance offers. 1. Affordable Peace Of Mind Since it is purchased for a one-time premium when you close on your new property, title insurance is one of the most affordable types of insurance available on the market. In spite of its relatively low price, title insurance offers long-lasting protection. The lender's title policy will remain in effect as long as the loan is...