Category Archives: title insurance

What Is Title Insurance, and How Much Does Title Insurance Cost? (Guest Author)

The article below, written by Audrey Ference at Realtor.com, provides an exhaustive and easily understood look at what title insurance is, why you need it, some of the basic types of policies a homebuyer might buy and more! Of course, some aspects of title insurance will vary from state to state including the cost of a policy. […]

For Real Estate, New York is a Lien Theory State! What Does That Even Mean? (Video)

Hallmark Abstract NY title insurance

In a lien theory state such as New York, the property buyer/mortgagor continues to hold the deed to the property until the loan is satisfied, or fully paid back to the lender! At that time, a Satisfaction of Mortgage should be recorded. This scenario differs from title theory states in which a Deed of Trust is issued […]

How Do You Mitigate Various Types Of Risk?

Mitigating real estate risk

Risk is a small word that covers a large range of issues and scenarios including health, investing, recreation and of course, real estate! One need only look at the stock market futures this morning to understand the often-used phrase of ‘risk-off’ that describes the environment where investors take some money off of the table and sell. At-the-same-time, […]

Buying a Property in New York? Remember You Have the RIGHT to Choose Your Title Insurance Provider!

Who is providing your title insurance in New York

Does it Matter Which Company Provides the Title Insurance for Your Real Estate Transaction? If you are a New Yorker buying a primary home, a second home or a commercial property, more often than not your attorney will choose the title insurance provider for your transaction. And truth-be-told, the first time you even hear about […]

Apartment Rental Agents in New York City: What Happens When a Potential Death Blow Hits?

Update September 10, 2020: A New York judge temporarily blocked a new state rule barring brokers from charging tenants. For now, tenants will once again be paying fees to brokers! The new state of the apartment rental real estate industry in New York City (as of Tuesday), reminds one of the Abbott and Costello routine ‘Who’s […]

Title Insurance: 5 Things Every New York State Homebuyer Or Refinancer Of A Mortgage, Should Know!

Hallmark Abstract NY title insurance

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, […]

Hallmark Abstract Service Nominated Best of Long Island, Best Title Insurance Company! Cast Your Vote Today!

Hallmark Abstract Service, Nominated Best of Long Island!

Hallmark Abstract Service, Best Title Insurance Company on Long Island! Cast Your Vote For Hallmark Abstract Service LLC in the Bethpage Federal Credit Union Best of Long Island! Voting is quick, easy, very much appreciated and you can vote once every day! Go to: https://lnkd.in/eJdUaeH Click on the Services icon On the left side of the […]

Hallmark Abstract Service Nominated Best of Long Island 2020, Best Title Insurance Company!

Hallmark Abstract Service nominated Best Titie Company on Long Island

  Hallmark Abstract Service is very proud to announce that the firm has been nominated in the Bethpage Federal Credit Union Best of Long Island 2020, Best Title Insurance Company! But, of course, we protect commercial and residential properties across New York State. Voting opens on October 1, and we will share the link then to cast your […]

Is the Honeymoon with Your Title Insurance Provider Over?

Is Your Title Insurance Firm Making You Happy? If Not, Why Not Think About Trying One That Will! Introducing, Hallmark Abstract Service! Of course you currently have relationships with title insurance providers, but has the honeymoon ended? And while you may feel that because the process isn’t particularly broken, why look to fix it, these are […]

Hallmark Abstract Service: Our Laser Focus Is On YOU And YOUR Real Estate Transactions Success!

Hallmark Abstract NY title insurance

In Every Transaction Hallmark Abstract Serves Two Major Constituencies While Focusing On One Overriding Mission! The overriding mission and laser-focus of Hallmark Abstract Service when entrusted with the title insurance portion of a residential or commercial real estate transaction, is very simple… Ensuring that the buyer will never have an issue with a third party attempting […]