Arrowhead Title, Inc.

People refinance their homes for a lot of reasons. Most commonly, refinancing is used to readjust the terms of the mortgage loan (such as shortening or extending it) or to get a lower interest rate. One thing most people don't think about when refinancing, though, is the impact it will have on their title insurance policies . If you're thinking about refinancing your home at the Lake of the Ozarks , here is some important information to keep in mind. Refinancing - It's Still A Home Loan When you refinance your home, you are essentially taking out a new loan to pay off the original loan in full. Because you are taking out a brand new loan, you will have to undergo the same process (and cover the same costs) that you did when you originally purchased your home. For example, you will probably need to... Purchase a professional appraisal of your property Cover the closing costs associated with the loan Purchase a lender's title policy to protect the lender ...

If you're approaching the closing date for your new home, it's quite possible that you're feeling a bit squeezed by all of the costs you've been expected to cover so far - especially when you consider that you don't even own the house yet! Appraisals, inspections, earnest money... these things aren't cheap, and somehow you're expected to pay for all of them.  As the closing date draws nearer, you're probably looking for opportunities to cut costs in any way you can. While we certainly empathize with your predicament, your friends at Arrowhead Title, Inc. are here to make sure you know that title insurance is not  the cost to cut. Not Having Title Insurance Can Be Devastating When you sign on the dotted line and become the proud owner of your new home, you also become the (maybe not quite as proud) owner of any problems associated with the house. The seller is off the hook.  What happens, then, if you find out afterwards that the seller was a min...

Title insurance comes in two main forms: lender's policies and buyer's policies. While similar, these two policies offer distinctly different services for the parties they serve. If you're planning on buying a Lake of the Ozarks home in 2015, it's important that you know the difference between these policies. Lucky for you, Arrowhead Title, Inc. is here to help! Owner's Policy In the world of title insurance, the owner's policy essentially protects you, the owner of the property, from unforeseen issues down the road. Owner's Title Insurance is purchased at closing for a one-time fee. After this upfront payment, both you and your heirs will be protected from any problems that may arise in the future for as long as you or your heirs and an interest in the property.  The best part? If/when a situation arises that requires the protection of your owner's policy, those issues will be handled at no additional cost to you. Owner's policies o...

How are you planning on celebrating your Christmas holiday? If you're like all of us at Arrowhead Title , you can't wait to spend some quality time with your friends and family! If you're looking for something fun to do with your guests over the holidays, there are plenty of great activities to choose from at the Lake of the Ozarks. Here's a snapshot at some of the events taking place over the holidays. Christmas Activities Thursday, December 25th  Christmas Dinner at the Lodge Don't feel up to cooking Christmas dinner this year? The Lodge of Four Seasons is offering to do all the work for you, so all you have to do is sit back and enjoy being with your family and friends. They will be serving dinner from 3:00 PM to 9:00 PM on Christmas Day. Be sure to call for reservations! (800) 843-5253. Friday, December 26th & Saturday, December 27th Deck The Docks Holiday Cruise This is one of the best annual Christmas events at the Lake of the Ozark...

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...

Welcome! This is the first official blog post for Arrowhead Title, Inc - the best title company at the Lake of the Ozarks . We decided to make blogging the next step in our journey to continuously make ourselves more accessible to our clients, and we'd like to officially invite you to come along for the ride!  Get Insider Info! Join us as we explore the ins and outs of the title industry, the real estate industry, and great events taking place at the beautiful Lake of the Ozarks we are lucky enough to call home. Our readers will be the first to know about important information regarding title insurance, escrow procedures, exciting new updates in the Lake area, and much more. Get To Know Us! All of us at Arrowhead Title are dedicated to serving our clients with the utmost respect, integrity, and accuracy. "Where Accuracy Matters!" is more than our tagline; it's our motto. We take great care to ensure our title services are done thoroughly and correctly ...