Critical Information For NON-Real Estate Focused Attorney’s In New York…

By | August 11, 2017

… Who have been asked to represent the buyer in a real estate transaction!

Imagine that you’re an attorney in New York with a focus and concentration on matters that have NOTHING to do with transactional residential or commercial real estate!

Whether it’s trust & estates, matrimonial, bankruptcy or one of the other specialties of the law, transactional real estate is simply not in your wheelhouse.

Maybe you’ve agreed to work on a real estate purchase as a courtesy to one of your clients, as a favor to one of your relatives or for any number of other reasons.

Whatever brought you to the deal, it’s certainly possible that you may not have the core group of real estate contacts required to close the transaction.

Therefore, it’s important to assemble a team of professionals who can help get the deal done in the best and most efficient way for both you and the buyer.

With that in mind and from the perspective of title insurance, it’s critical to remember that all providers and policies are not the same.

Points To Ponder When Comparing Title Insurance Providers!

  1. Underwriter
  2. Claims experience
  3. ‘Junk’ fees

Hallmark Abstract Service has created a primer that will explain these three issues to consider when choosing the title provider that you will work with.

New York Title Insurance: Always Compare Apples To Apples!

If you have any questions about the title insurance portion of a transaction or about the content of this primer, please feel free to contact Hallmark Abstract Service at info@hallmarkabstractllc.com or give us a call at (646) 741-6101.

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