Tag Archives: New York title insurance

3 Often Overlooked Expenses in Home Ownership

3 Often Overlooked Expenses in Home Ownership Perhaps your family has outgrown the small apartment you’re currently renting, or maybe you want to expand your already thriving collection of vacation properties. Whatever your reason might be for purchasing a new home, it’s important to ready your bank accounts for this major undertaking. Recent months have […]

Data Breach! New York Department of Financial Services (NYDFS) Drops The Hammer On First American Title Insurance Co.!

An excellent article appeared this week in the Eye on Privacy blog at the law firm Sheppard, Mullin, concerning an event in the title insurance industry that highlights a gross violation of the New York cybersecurity rules that became effective in March 2017!  The event occurred in 2018 when a data breach was announced by First American Title Insurance […]

New York Residential Real Estate Professionals: Differentiation Through Technology (On Your Phone and Online)!

Real estate technology

Real estate technology that provides high level information to New York homebuyers and real estate professionals sooner, rather than later, in a transaction! Professionals include attorneys handling a real estate transaction, real estate agents and mortgage originators. Hallmark Abstract Service management is constantly focused on developing tools for real estate professionals (also great for homebuyers), that we […]

The Hallmark Abstract Service Title Bill App Is Free, Live, And The Reviews Have Been Phenomenal!

For New York Homebuyers and Real Estate Professionals (Attorney, RE Agent, Mortgage Broker), Knowledge is Power and Information is King! Hallmark Abstract Service Can Now Provide You With That Knowledge With The HAS Title Bill App (example below)! The HAS App is Designed to give attorneys, real estate agents, mortgage brokers and homebuyers in New York […]

Can U.S. Interest Rates Ever Be Allowed To Rise, I Ask Again Three Years Later?

Spoiler Alert: The simple answer is that of course they can in the event of runaway inflation and/or an overheated economy, but in light of $26 trillion in federal debt that will soon rise by at least $1 trillion through additional stimulus (not to mention budget deficits for the foreseeable future), the question is whether […]

For New Yorkers, Being #1 Is Not Always The Best!

New York State, according to research at WealthManagement.com, is #1 among the 50 states in the tax burden on its residents! As the owner of a title insurance company I am obviously concerned with the health of the New York State real estate market. The levy of property taxes are always in focus, as are […]

Buying a Home in New York? What You Don’t Know Can Hurt (Cost) You!

Shopping for a home entails many factors that need to be considered, including financial, personal preferences, practicality, objectivity and realism! While we all have visions in our minds about the ‘perfect’ home, limitations can sometimes get in the way forcing compromise. Regardless, the process of home buying as described by various websites, for the most part covers […]

Stop Property Thieves From Stealing Your Home in New York City, Nassau County or Suffolk County…For Free!

Prevent home title theft

You’ve seen or heard the commercials, possibly narrated by Bill O’Reilly, that extol the need to pay about $15 a month to protect your home from fraudsters who are out to put their name on your deed, steal your home and leave you with nothing! Or they say that perhaps a mortgage will be obtained […]

Role-Playing in New York Real Estate!

The Role of Hallmark Abstract Service is Straightforward! Straightforward in terms of the end result leading to a title insurance policy, but in the age of coronavirus the process has most definitely required a greater degree of creativity due to business and governmental closures along with the need for social distancing! As a title insurance […]

New York Title Insurance Costs – They CAN Be Mitigated!

Mitigation – Post-pandemic, and long after the term quarantine is nothing but a bad memory, mitigation will go back to its original meaning of ‘reducing the severity, seriousness, or painfulness of something’! And at that point the mitigation of virus spread will hopefully be nothing but a bad and sad memory! So if that’s the case, […]