Tag Archives: title insurance claims experience

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 […]

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, […]

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 attempting […]

Some Caveats If You’re Thinking About Buying A Multi-Family Property!

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Income producing multi-family property has a certain allure for investors looking to diversify their portfolio into real estate! And why not, as on the 1st of each and every month the owner will receive cash flow from the building’s residents who will seek them out to hand over their rent check! One would hope! This type […]

Title Insurance, Consumer Protection And Beating A Dead Horse!

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Over the years Hallmark Abstract Service has strived to educate the real estate buying community in New York about what they need to know about the title insurance they will be purchasing in the course of their commercial or residential transaction!  The firm has written many articles that stress some of the critical title insurance issues that they, […]

New York State Title Insurance Industry: Is It All About Luxury Box Suites, Steakhouse Dinners And Champagne-fueled Parties?

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Update December 26, 2019: The decision from the New York State Appellate Court has reversed Judge Rakower’s second ruling. Regulation 208 has been reinstated. However Judge Rakower’s decision regarding Closers and ancillary fees still stands. Headline July 5, 2018: The New York State Title Insurance Industry Takes On The New York State Department Of Financial Services In […]

Equifax Redux As Additional NPI Leaks Are Discovered!

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In the midst of national weather disasters tragically now coupled with the mass murder in Las Vegas, the Equifax data breach story has been placed on the back-burner! But, is that where it belongs? Applying For A Mortgage, Some Other Type of Credit Or Maybe Something As Basic As Searching For A Job? For the tens of millions […]

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

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  … 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 […]

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 […]

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 […]