Arrowhead Title, Inc.

Buying your first home should be a thrilling experience. And while it is an exciting time, it's likely to be a pretty overwhelming process all around, and for good reason. 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 r...

If you've recently purchased a home and didn't buy title insurance, you may run into some unforeseen issues in the future that you have no protection from. Title insurance is there to protect your interest in the event that something from the property's past comes to light that threatens your right of ownership to that property. There are several potential hazards that a new homeowner may face. This week, Arrowhead Title will be focusing on easements to better help you understand how they can affect your use and rights to a property. What is an Easement? An easement is a legal right to use another's land for a specific limited purpose. In other words, when someone is granted an easement, he is granted the legal right to use the property, but the legal title to the land itself remains with the owner of the land. Most commonly, easements are granted to utility companies to run power lines and cable lines. However, you may also grant an easement to your neighbor i...

Selecting a title company to facilitate your closing is an important part of buying a house at the Lake of the Ozarks . Your title company will fill an important role in the transaction process, so it's crucial that you find a reliable, accurate company you can trust. Most homebuyers have heard this advice several times. They know that selecting a good title company is important, but many homebuyers know very little about what a title company truly is or what we actually do. This week, Arrowhead Title, Inc. is here to help explain the important role we fill as a title company at the Lake of the Ozarks . Ensuring Validity Of The Title When you come to us to facilitate a closing, our first step is to confirm the validity of the title in question. We will conduct a thorough title search to confirm that the sellers do, in fact, currently have legal rights to the property. We will also look for things that may limit the new owners' right to or enjoyment of the property, su...

The title industry is one of the most complex industries pertaining to real estate. Title experts use an extensive vocabulary riddled with terms unique to our industry, and it can be overwhelming and confusing to lay persons seeking title assistance for the first (or even the second or third) time. At Arrowhead Title, Inc. , we recognize the challenge this type of language barrier presents. In an effort to overcome these communication difficulties, we are dedicating this week's blog to defining some of the title terms used in most transactions. Common Title Terms - Explained Abstract of Title An abstract of title is a summary of all the public records pertaining to a specific piece of property. In order to be considered legally valid, it must be prepared by a licensed abstractor. Adverse Possession Adverse possession is the process wherein someone may legally claim ownership of a piece of property if they have occupied it for a certain number of years. Certificate of T...

June 28th, 2016 is Insurance Awareness Day. It's a day specifically designed as an opportunity for individuals to review their current home, auto, life, health, and other insurance coverages to ensure that they're getting quality coverage at a good price. Our title company at the Lake of the Ozarks is expanding the definition of Insurance Awareness Day, however - we thought we'd take the opportunity to raise awareness for one of the lesser known (but equally important) forms of insurance: 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 insuran...