Arrowhead Title, Inc.

If you're considering purchasing a newly constructed home, you may be thinking that purchasing title insurance for a new home isn't necessary. Some buyers of newly built homes may assume that because they’re buying a home that no one else has ever owned, title issues shouldn’t be a problem. However, title insurance is critically important to buyers of both new and resale homes for many reasons. This week, we're looking at the reasons why even newly constructed home titles should be covered by title insurance. Legal Ownership of the Land In a brand new subdivision, you need to make sure the land was properly subdivided and that your home is on the correctly identified lot in the subdivision so that there’s no question of ownership in the future. While your house is new, the land it’s built on is not, so it’s possible to have a third party make a claim on the property. When title faults or claims are left unsettled for years, the new owner could face a significant fina...

A home is probably the single largest investment you will make in your life. You insure everything else that’s valuable to you—your life, car, health, pets, etc., so why not your largest investment? There's many reasons you should want to protect the investment of your home. So, this week, the best title insurance company at the Lake of the Ozarks is sharing with you 5 reasons every homeowner should invest in title insurance. Take a look: 1. REDUCES YOUR RISK If you’re buying a home, there are many hidden issues that may come up only after you close. Getting an owner’s title insurance policy is the best way to protect yourself from unforeseen legal and financial title discrepancies. Homeowners insurance and warranties protect only the structure and belongings of your home. Getting owner’s title insurance ensures your family’s property rights stay protected. 2. FOR THE RECORDS Regardless of the reason you choose title insurance, it puts your name as the owner on the record...