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Showing posts with the label What is a Title Report

Knowing the Difference Between a Title Search, Title Report, and Title Commitment

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 A title search, a title report, and a title commitment are all pieces of the puzzle that are required to complete your real estate closing at Lake of the Ozarks . They are each different, but they work together and play an important role in your real estate transaction. Arrowhead Title has been handling real estate closings for clients at the Lake of the Ozarks since 1984. Over the years we recognize that not everyone understands the difference between these three things and why they are all necessary. If you are involved in a real estate transaction, you may wonder as well. As a title agency at Lake of the Ozarks that believes in clear communication and keeping our clients informed, we wanted to write this blog to explain what each one is, how they work together, and why they are an important part of your real estate purchase. To learn more about title searches, title reports, and title commitments, just keep reading this blog. Title Search A title search is a deep dive researc...

Title Search, Title Report, and Title Commitment – Exactly What Are They and How Do They Work Together?

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The title search, title report, and title commitment are three completely different things, but they work closely together, and each one is important in the process of your real estate transaction. As a trusted title company at the Lake of the Ozarks since 1984, we have noticed that people don’t always know what they are or how they differ. At Arrowhead Title , we are dedicated to communicating with and educating our clients so they understand the process. So, we decided to write a blog explaining these three important elements of your closing. If you are curious as to exactly how these three things differ, and how they work together when you come to the closing table, we invite you to keep reading this blog to learn the details! Title Search A title to real property is a document that proves who has ownership rights to that piece of land. The title search is a very deep and detailed search into any available public records to learn exactly who owns the property and is legally able to...

Title Reports: What They Are and Why You Need One

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Buying a home can be a confusing and intimidating process. Arrowhead Title is here to calm your fears and help you through some of the more complicated aspects. We are the best title company at the Lake of the Ozarks , and our experts are always happy to help wade through the legal jargon you may find in the documents involved in your home purchase. One of those documents is the title report. Many people aren’t aware of how important this report is to the purchase of your home. Today’s blog is going to cover the basics of a title report and why you will be happy you hired Arrowhead Title for your search. What is a Title Report? A title report is a document that includes the legal history about the home you want to buy. Sometimes it is called an “abstract of title” instead, but they are the same document. Title reports are compiled by your title company (that’s us!) from an in-depth search of public records. We will search using multiple different factors in order to ensure...