Arrowhead Title, Inc.

A real estate transaction can be a complex exchange involving many parties and multiple legal issues.   That is why the closing itself is handled by an experienced neutral party.   At Arrowhead Title we have been in business since 1984 handling all aspects o f real estate closings at the Lake of the Ozarks . To us, the process is familiar, but to most of our clients, it can be intimidating.   We are big believers in educating our clients, so in this week’s blog, we wanted to talk about the role a title company will play in your real estate closing. Research The process will start with your title company doing a deep dive into public records to determine the history of the property in the form of a title search.   This is very important and thorough research to determine things like: -Easements or restrictions on the property -Unpaid assessments or real estate taxes -Outstanding mortgages or liens -Outstanding judgements -And ultimately, the seller’s l...

Everything regarding a real estate transaction comes together in one place at the closing table.  Your title company is who coordinates and oversees that coming together and makes sure every i has been dotted and every t has been crossed.  They also make sure everyone is paid and all documents are properly recorded.  That is why choosing a title company at Lake of the Ozarks is an especially important part of the home buying process. Title Search and Title Report. The whole process starts when a buyer and seller have a signed contract brought to the title company.   Right away, the title company will start issuing orders for obtaining specific information regarding taxes, loans, surveys, HOA fees, inspections, etc. and will order a title search. A title search is conducted to discover any issues that could affect the buyers right to ownership.   This is when legal ownership is verified and any debts against the property are examined. The documents that ar...

The best title agency at the Lake of the Ozarks , Arrowhead Title provides the utmost closing and escrow services for all your real estate needs at the Lake. We are dedicated to our community and the clients we serve and as such are here today to tell first-time home buyers what they need to know about escrow services at the Lake of the Ozarks. What Are Escrow Services? Firstly, let's start by covering what escrow services actually are. Escrow settlement services help facilitate transactions. They are provided by a title company in the purchase/sale of real estate. Here is what you can expect those services to include: Handling the deposit and disbursement of funds Calculating and adjusting the amounts due for taxes, insurance, rents, etc. Securing a title insurance policy Recording deed and loan documents Coordinating the signing of loan and closing documents Preparing the final statement that outlines funds received and to be disbursed  Escrow Account? What's That? Also know...

 When closing on a real estate transaction, you may hear the term "escrow" thrown around. If you're unfamiliar with the real estate closing process, you may find yourself having a difficult time understanding all of the industry terminologies. At Arrowhead Title, the best title company at the Lake of the Ozarks , we strive to provide prompt and accurate title escrow and settlement services to our clients. We believe that educating clients on their real estate transactions can help make the process easier. Today, we are going to be discussing escrow services at the Lake of the Ozarks . Read on to learn more! What is an Escrow Account? An escrow, or "reserve account," is an account that is set up by a third-party to be used as a central source of funds for paying the mortgage obligations. These accounts are used to help protect the lender's investment in a buyer by having the account reserves added before payments are due. This is a beneficial item in the tran...

Arrowhead Title  is the  best title agency at the Lake of the Ozarks , and one of the reasons why is the great escrow services that we provide. As a first-time home buyer, you may not know exactly how escrow services work, or even what they are. That is why we are here for you! Keep reading to get the answers to common questions first time home buyers need to know about escrow services. What Are Escrow Services? Escrow settlement services help facilitate real estate transactions and are provided by your title company. (That's us!) During escrow settlement, your agent should provide the following services: Handling the deposit and disbursement of funds Calculating and adjusting the amounts due for taxes, insurance, rents, etc. Responding to the lender's requirements Securing a title insurance policy Obtaining approvals of reports  Processing and coordinating the documents Recording deed and loan documents Coordinating the signing of loan and closing do...

At Arrowhead Title , we know that buying and closing on a house is a complicated, and often frustrating, process. If you have never purchased a home before, you may not be familiar with what an escrow account is. Several new home buyers may get to this stage in the process and feel confused or unprepared. Our team of title experts at the Lake of the Ozarks are here for you to make sure you are ready and knowledgeable about your escrow account. Keep reading to learn more and get your questions about escrow answered! Wait, where is my money going?  During closing, something called an escrow account is set up in order to make sure both you (the buyer) and the seller are protected during the real estate transaction. Many times, an escrow fund is agreed upon and placed into this account as collateral, or a show of good faith, from the buyer.  The true purpose of an escrow account, however, is to collect and disburse funds for monthly and yearly bills (property tax an...

When considering whether or not to refinance, it's important to take a few things into consideration. Arrowhead Title is the best title agency at the Lake of the Ozarks , so we are very familiar with many types of real estate transactions and we have some tips for you today! If you are thinking about refinancing, keep reading and learn what you should consider before making the leap. (Also be sure to consult your financial advisor before making any major financial decisions.) Percent Difference It can be tempting to refinance your home when you see mortgage rates falling. But, it can be hard to know if they are low enough to truly make a difference and make the refinance worth the time and effort. If you have a mortgage rate of a hypothetical 5.0% and the current market is showing 4.9%, then a refinance would not be worth it. With just 0.1 percent of a difference, you likely will not recoup the new closing costs and financing fees. A good policy is to aim for at least a...

Closing on a home is a complicated process. If you aren't familiar with the process, it can be difficult to understand the terminology and certain common procedures. Arrowhead Title 's experts are there for you throughout the process to help you understand every step and feel more prepared. We have the best escrow services at the Lake of the Ozarks , and we are happy to help be your guide. Read on to learn more about escrow accounts and what we offer as part of our escrow settlement services. What is the Purpose of an Escrow Account? Escrow accounts - or reserve accounts as some call them - are set up by a third-party to handle payments between the buyer and lender of a real estate transaction. These accounts help protect the lender's investment in a buyer by loading the account ahead of time. It also is helpful to the buyer because they only have to make one payment to the escrow account, rather than trying to handle separate payments to the mortgage lender, insura...

Arrowhead Title is the best title company at the Lake of the Ozarks for many reasons! We provide you with dynamic solutions to all aspects of your real estate transaction - from professional, accurate title services that protect your investment to escrow and settlement services that handle your funds with the utmost integrity. We care about you and the success of your real estate transactions, and our clients agree! But don't just take it from us... Read on to hear from some of our customers and learn about their experience with our team at Arrowhead Title . Facebook Reviews "Arrowhead Title is professional and competent. I have worked with them for years and refer them to my clients based on price, knowledge and customer service." ~ Karie J. "What a great team at Arrowhead! They are so easy to work with and help make every purchase a breeze!" ~ Christy W. " Arrowhead Title is awesome! Our closing date unexpectedly moved up a...

Congratulations, you've sold your home! Now what? There are a few more steps you will want to take to help ensure a smooth transition. As experts in real estate transactions at the Lake of the Ozarks , Arrowhead Title is here to help! We have several important steps to share with you on what to do after you've signed the papers to sell your home. Read on to learn more, and give us a call to ask any questions you may have. Cancel Home Insurance Call your home insurance agent and cancel the policy on your previous home. Even if you've used the same agent for your new home, they will need an official cancellation for your previous home owner's policy. You may have a pro-rated amount returned to you as well. Closing Escrow Your escrow account on your old home will likely have an amount remaining in it. 15-30 business days after your payoff date, these funds should be refunded to you. We are escrow experts at the Lake of the Ozarks , so give us a c...

When closing on a real estate transaction, there are a lot of steps that must be taken and processes that must be completed to ensure a smooth and timely closing. When buying a home or property, there are several parties that will be involved in the process: your real estate agent, the lender, any vendors you may need throughout the process, the inspector and/or appraiser, and of course your title company. Selecting a title company to facilitate your closing is an important part of buying property 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 buyers 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 ...