Typically a homebuyer will let their attorney take the lead when it comes to the title insurance portion of a purchase transaction! (Updated, January 2020) Similarly those refinancing a mortgage will do the same with their lending institution. And given that the relationship between the attorney or banker and their client is based on trust, […]
Phishing, spoofing, cyberfraud and spyware are all terms that relate to a third party’s desire to invade your computer and, in many instances, to compromise your non-public information! In other words these scams are designed in their most malicious form to steal a consumers personal information, whether birthdate, social security number or credit cards, and utilize them […]
Remember, Always Do An Apples To Apples Comparison When Purchasing Title Insurance! In the past we have discussed that it’s critical when choosing your title insurance provider, that you make sure you are making the decision between firms on an apples to apples basis. What exactly does that mean? After all aren’t all title insurance underwriters and title […]
For a prospective renter of an apartment in NYC, knowing the quality of the landlord is one more metric to consider when making a decision about where to live! But the question is, how do they do that? Here’s some help! NYC Government Oversight The Department of Housing Preservation & Development (HPB) will, among other mandates, ‘respond […]
If you’re like most people, when your credit card statement arrives in the mail you check each item carefully to make sure that there are no errors and that you’re not being overcharged! And rightfully so, as no one wants to pay more than they are supposed to be paying! In much the same way when […]
For those of us whose business involves providing products or services that some may consider to be the same regardless of who it’s purchased from, is this actually the case? For example are all transactional real estate attorney’s the same because, after all, at the end of the day a deal will typically close? How about […]
For someone in New York buying a home, commercial property or who may be refinancing a mortgage, all title insurance is NOT created equal! As a quick primer title insurance is backward looking, purchased for the purpose of protecting owners of real property and the lender that may have provided financing. Title insurance ensures the fact that when a buyer/mortgage refinancer closes, […]
This photo is a portrayal of just how far that is! In other words if there is ever an instance where an attorney, property owner, property buyer, mortgage bank or anyone else find themselves in the midst of a title insurance related emergency, Hallmark Abstract Service will scale or descend from any height necessary to help! The truth is, however, […]
On April 29th, 2015, Governor Andrew Cuomo of New York issued a press release announcing his plan to impose new regulations on the title insurance industry designed to reduce title insurance premiums as much as 60%! The full text of the Governor’s press release is presented below with links following to articles that provide the […]
An Industry’s Response To The Press Release Issued By New York State Governor Andrew Cuomo! Immediately following the release of New York State Governor Andrew Cuomo’s press release concerning proposed new regulations for the title insurance industry, the two trade associations representing industry participants issued the following statements. From the New York State Land Title […]
