Tag Archives: real estate closing costs

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 […]

Real Estate, Title Insurance And A Reduced Stress Journey!

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A commercial or residential real estate attorney in New York focused on transactional work, understands the pressure of bringing a deal from contract signing to the exchanging of keys at the closing table! This process of getting from Point A to the finish line can be fraught with obstacles and stumbling blocks, any one of which having the […]

The U.S. Title Insurance Industry: The Only Thing Uniform Is A Lack Of Uniformity!

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Related Articles: Buying Real Estate In New York State? Does The Title Insurance Underwriter Being Used Actually Matter? New York State Real Estate Attorneys And Mortgage Originators…Do You Have A VIABLE Title Insurance Plan B? New York Title Insurance: Always Compare Apples To Apples! Followers of the real estate industry around the United States, the title […]

No tips, please: Title closers say gratuities ban will cripple them – The Real Deal

New York State title closer compensation

This headline from an article at The Real Deal describes the situation that title closers, and by extension real estate attorney’s and title companies, in New York began facing as of yesterday, December 18, 2017! This is the day that the New York State Department of Financial Services (NYSDFS) Regulation 208 officially went into effect […]

New York Title Insurance Industry Prohibition Of Inducements Provided In Return For Business Delayed From December 18th to February 1, 2018

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Breaking News December 19, 2017: The NYSDFS today issued a statement delaying the implementation of certain aspects of Regulation 208, namely the prohibition on inducements being given in return for business. We’re not sure what a one month delay will do for firms in terms of compliance, but here is the statement… DFS Statement Regarding […]

Title Insurance: Do You Know What You’re Paying For?

title insurance ripoffs

Can a homebuyer or mortgage refinancer actually pay too much buying title insurance? Isn’t title insurance all the same no matter who’s providing it? Won’t my attorney/mortgage banker be looking out for my best interests? The answers to those questions are a qualified yes, no and hopefully so! With the Spring buying season now upon us and […]

Hallmark Abstract Service Is Pleased To Announce Our New York City Address

Hallmark Abstract Service New York title insurance

In order to better fulfill our commitment to serve our clients title insurance needs, it was critical for Hallmark Abstract Service to grow its footprint within the five boroughs of New York City! With that in mind, as of February 1, 2017, we are pleased to announce our New York City address below. Same laser focus on protecting our […]

Nancy Pelosi Opines About Real Estate Closing Costs On Long Island…Affordable! (Video)

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Update December 7, 2016: The new fee discussed below has been passed by the Suffolk County legislature per the County website… $300.00 per document   MORTGAGE VERIFICATION FEE effective January 1, 2017 In this short video clip Nancy Pelosi opines about the proposed increase in certain real estate fees and the implementation of some wholly new ones by […]

Nassau County Real Estate Closing Costs Set to Become New York State’s Highest!

On December 14th it’s likely that Nassau County will approve real estate fee increases making it the most expensive jurisdiction in New York State in terms of closing costs! It’s an unfortunate case of deja vu’ all over again as Suffolk County this week is prepared to do some of the same with mortgage document recording […]

Why Choose One Title Insurance Provider Over Another?

title insurance costs

In the seminars and CLEs that Hallmark Abstract Service participates in, a question that will often get asked is why would one choose your firm over another title insurance provider? Fair question as on the surface title insurance appears to be a commodity product and those who provide it nothing but commodity businesses. But if one were to scratch […]