Arrowhead Title, Inc.

Buying your first home is a thrilling - albeit overwhelming - process. Your home is quite possibly the largest investment you'll make in your lifetime, so you'll want to be confident that all aspects of the process are handled correctly. Buying a title insurance policy is an important way to protect your investment. As your trusted Lake of the Ozarks title agency , we're here to help familiarize you with the process. How Title Insurance Works As its name suggests, title insurance insures your title. That is, it insures your right to use and occupy your land, as your title legally allows you to do. Whereas other types of insurance (home, auto, etc) protects against issues that may happen in the future , title insurance guards against issues that may have already occurred  but are yet undiscovered. Examples of these types of issues include: Mistakes in public records Forged or unauthorized signatures in the sale Unpaid liens against the property Unknown easement...

If you've been thinking about buying a house, it's time to educate yourself on the process. Buying a home is a ton of fun, but it is also a complicated process with a lot of details that must be met. Your real estate agent will be able to guide you through the process, and our title experts at the Lake of the Ozarks will be here to fill in the gaps wherever we can. This week, we want to look at one particular aspect of the home purchase agreement: the title contingency. What Is A Contingency? Before we look specifically at title contingencies, let's back up and look at contingencies in general. When you submit an offer on the house, you do so through a proposed home purchase agreement. This agreement outlines several details of your proposed sale, including the purchase price, closing date, any specific items that should be included in the sale, and your desired contingencies. Contingencies are conditions that must be met in order for the contract to be considere...