Category Archives: real estate attorney

Title insurance: Buyers do have a choice!

Hallmark Abstract Service New York State title insurance

If you or someone you know is buying residential or commercial property wouldn’t reducing the closing costs be a very good thing? Well you are legally entitled to try! When you sit at a real estate closing table with your attorney as the purchaser of a piece of real estate, at least in New York, […]

Commercial mortgage recording tax refund in New York State!

title insurance,commercial mortgage tax refund,New York State

Commercial mortgage recording tax refund in New York State! I was meeting with a CPA on Friday who described a program in New York State that exists but that is not well advertised by the state for obvious reasons. It applies only to commercial mortgages but the bottom line is that it provides for a mortgage recording tax refund […]

What stuff will the buyer and the seller in a transaction need to collect?

In a real estate transaction both the buyer and the seller need to collect a lot of stuff! There is nothing greater than the anxiety surrounding a real estate transaction for the buyer and for the seller. In order to help alleviate some of the dread entailed in the process, it would be helpful if […]

MERS 101 (Video)

If you have heard anything about the foreclosure crisis, you’ve heard about MERS! This video discusses some of the background of MERS, the Mortgage Electronic Registration System. With over one half of the nations mortgages “held” in its database, MERS is at the center of the controversy surrounding foreclosures. http://media.nbcnewyork.com/designvideo/embeddedPlayer.swf

Title insurance and protecting yourself in a foreclosure purchase

@font-face { font-family: “Cambria”; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 10pt; font-size: 12pt; font-family: “Times New Roman”; }div.Section1 { page: Section1; } Protecting your investment being purchased within the foreclosure crisis maze As we discussed through the example we gave in the article on Saturday of a denied title policy, it is critical for […]

An example of a denied title policy due to the foreclosure crisis

Foreclosures, REO’s (real estate owned) and auctions on the courthouse steps have one thing in common: A critical need for the buyer to make sure that they can get clear title, owner’s title insurance (owner’s policy) and, in the case of an auction on the courthouse steps, to ascertain beyond a reasonable doubt that the […]

Hallmark Abstract on the radio

Hallmark Abstract on the radio Discussion of foreclosure, robo-signing, standing, MERS and more Michael Haltman will be appearing on The Real Wealth Radio Show hosted by Kathy Fettke on 1220 KDOW in San Francisco. The show will cover some of the many issues surrounding foreclosures, and can be heard live at 1:00 PM EST by […]

Buyer Friendly Changes Are Coming

January 1, 2010 Changes Go Into Effect To Protect The Buyer At Closing The buyer in a real estate transaction has often felt like a puppet on a string at the closing table, when unforeseen charges come up that were no where to be found on the good faith estimate. To protect the consumer from […]