Tag Archives: consumer protection

Residential Real Estate Buyers: Beware Of Wire Fraud Scams!

Residential Real Estat photo

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 […]

Title Insurance: DON’T Be Penny-Wise And Dollar Foolish! (Scenario)

title insurance on Long Island

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 […]

New York City’s 100 Worst Landlords

NYC

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 […]

Have You Been Carefully Checking Your Credit Card Bill?

consumer right to choose their title company

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 […]

Are So-Called ‘Commodity Products’ Really All Created Equal?

comparing commodity products

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 […]

New York Title Insurance: Always Compare Apples To Apples! (Chart)

title insurance is not all the same

For someone 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, there are no […]

To What Lengths Will Hallmark Abstract Service Go For Clients? (Video)

NYC title insurance,Long Island title insurance

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, […]

Title Insurance: 5 Things Every Homebuyer And Mortgage Refinancer Should Know!

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Typically a homebuyer will let their attorney take the lead when it comes to the title insurance portion of a purchase transaction! Similarly those refinancing a mortgage will do the same with their lending institution. And while that is certainly all well and good think about this…In any purchase that a consumer makes (particularly expensive and important […]

New York State Governor Andrew Cuomo Proposes ‘Crack Down’ On The Title Insurance Industry!

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 […]

Title Insurance And Governor Cuomo’s Proposed Regulatory Changes: An Industry’s Response!

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 […]