Arrowhead Title, Inc.

Do you know the difference between a title commitment and a title report? While these documents may sound similar at first, they actually serve very different purposes and should not be confused. As your trusted title company at the Lake of the Ozarks , Arrowhead Title is here to help clear up any misunderstandings you may have about title commitments and title reports. Title Commitments Title commitments are issued when someone is in the process of buying a home or piece of property. After the title search has been conducted (that is, after your title company has thoroughly researched the public documents for any pertinent information regarding the property), the next step is to issue the title commitment.  The title commitment is exactly what it sounds like: a commitment  to provide title insurance to the lender and the buyer under the terms described. The title commitment outlines the conditions and exceptions that will impact the title insurance policy. Condi...

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. 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 the property, which can cause you anything from minor frustration t...