Tag Archives: foreclosures

What Are ‘Boomerang Buyers’?

boomerang buyers,mortgages,financial crisis

Many homeowners negatively impacted by the financial crisis may now, all these years later, finally be in a position to qualify for a mortgage again! These 700,000 potential 2015 reentrants into the mortgage and housing markets are known by the name ‘Boomerang Buyers’. Boomerang buyers were impacted by the financial crisis in one of these three ways: They were […]

Zombie (Foreclosure) Update

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service Last week we wrote an article that included an infographic defining what a Zombie Foreclosure is and the harm they do to the neighborhoods that they are in! These abandoned properties tends to be neglected, possibly vandalized and most definitely eyesores detrimental to the value of the other houses around them. […]

Title Insurance: A General Tutorial!

title insurance, New York,New York City,Long Island,Michael Haltman

Why Title Insurance Is Vital For A Homebuyer! Today more than ever, consumers are reminded that in order to have peace of mind, they should purchase an owner’s title insurance policy whenever they buy a home. This is especially true when buying a property that has been foreclosed. Anyone who purchased an owner’s title insurance […]