Arrowhead Title, Inc.

At Arrowhead Title we have handled a lot of real estate closings at Lake of the Ozarks since 1984. We know there’s a lot that goes into every closing, much of which happens behind the scenes. Often clients aren’t even aware of everything we do, and they don’t really have to think about it. They just know they trust us to bring them the right information and the right numbers and everyone gets what they are supposed to out of the transaction as agreed. At the same time, we know that education is key when working with our clients so they know exactly what to expect, and have confidence when they come to the closing table. So in this week's blog, we wanted to explain a little bit about what your title company at Lake of the Ozarks does for you at your real estate closing. If you’d like to know more, just keep reading. Title Search and Report Once there’s a signed contract between a buyer and a seller, the title company is ready to get to work. Right off the bat, a title search will...

Firstly, CONGRATULATIONS, you've just officially sold your home and are moving on to the next big thing! Whether that's relocating, upgrading/downsizing, or traveling the world - your newfound options are abundant! However, there are a few extra steps you'll want to take to ensure the transition settles over smoothly. As your local title service and settlement agents at the Lake of the Ozarks, Arrowhead Title has important details regarding what to do AFTER the closing papers have been signed. Continue reading to learn more about these crucial post-closing steps, and for additional title expertise, trust the best title company at the Lake of the Ozarks , Arrowhead Title. Keep your Closing Statement There are many documents involved in the sale/purchase of a home, and while not all of them are necessarily pertinent to your everyday needs, some are mostly legal jargon, a few of them are essential to keep well-kept records of. If questions or concerns arise after the closing,...

Many homeowners put money into an escrow account each month, sometimes without even realizing they're doing it. A portion of your monthly mortgage payment is broken out into this separate account. The money in the escrow account goes to pay bills like insurance and property tax, this way you do not have to save separately for these expenses that go hand-in-hand with homeownership.  Arrowhead Title, Inc.  has provided a list of frequently asked questions about escrow accounts. 1. Q: Why am I required to have an escrow account? A: An escrow account is usually required if the down payment on your home was less than 20%. Property taxes and insurance premiums are a few of the large expenses this account helps pay. You make one combined mortgage and escrow payment each month and your mortgage company will then deposit a portion into your escrow account. When your property tax and insurance bills are due, they are paid on your behalf. 2. Q: What is an escrow analysis? A: As ...

When it comes to buying and selling real estate, closing a transaction isn't always cut and dry. There typically tends to be at least a few small hiccups along the way. As a buyer or seller, you may not see those hiccups because your lender, real estate agent, and title company at the Lake of the Ozarks are working on the back end to address the issues as quickly and painlessly as possible. But they do happen. Unfortunately, some problems that arise can cause delays in the closing process. Here are 5 reasons your real estate closing may be delayed. 1. Unrealistic Contract Dates One of the most common reasons why a real estate closing is delayed is because of unrealistic contract dates that were agreed upon in the purchase offer. If there isn't any issues with financing, inspections, contingencies being handled or any other number of variables, it may be easy for all parties to meet the set deadlines. However, when it comes to real estate transactions, it's hardly ev...