Tag Archives: title insurance in New York

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 […]

Title Insurance, Consumer Protection And Beating A Dead Horse!

horses photo

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 Real Estate Attorney’s And Mortgage Originators…Do You Have A VIABLE Title Insurance Plan B?

Argentina 2018 World Cup

During the 2018 World Cub the perennial soccer giant Argentina sat on the ‘brink of elimination, desperately needing both a Plan A AND a Plan B! Speaking to the strategy being employed by Argentina’s coach Jorge Sampaoli, an article in The New York Times had the following to say, ‘…There was no plan B, to be used […]

In Business Nothing Lasts Forever But Change, While Unsettling, Can Often Be A Good Thing!

Zorn

Opening the Business section of Long Island’s Newsday this morning imagine my shock to read the following headline: ‘REPLACING 1940 FOOD HOME‘ with a photo of Zorn’s Poultry Farm in the background! As someone who picks-up food from Zorn’s of Bethpage when I’m in the neighborhood, whenever we have guests at the house or for […]

Can Blockchain Technology Ultimately Eradicate The Need For Title Insurance In New York State? (Video)

blockchain photo

At some point in the future will blockchain eradicate the need for title insurance in New York State, as this revolutionary technology will theoretically maintain a 100% accurate chain of title for any property? While I suppose that anything is possible, an explanation first of what a blockchain is would likely be helpful… Blockchain: “an […]

For Commercial And Residential Real Estate Attorney’s In New York State, December 18 New Rules Concerning Title Closer Compensation Go Into Effect!

attorney photo

Beginning December 18, 2017, New York State Department of Financial Services Regulation 208 will prohibit the tipping of title insurance closers by anyone! Some reading this might say, ‘No big deal’ because real estate deals will still come and go. But, in essence, it is potentially a very big deal because GOOD title insurance closers, […]

Guest Article: Beware Marketing Services Agreements (MSA’s)!

the downside of MSA

This article concerning Marketing Service Agreements, or MSA’s, was written by Warren Goldberg, President of Mortgage Wealth Advisors and is being shared with his permission. What is an MSA or Marketing Service Agreement? ‘​The residential mortgage origination industry has long used Marketing Services Agreements (MSAs) to establish the terms of certain marketing arrangements. An MSA, written […]

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 […]

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 […]

Print this if you are planning to purchase commercial or residential real estate in New York!

title insurance New York

If you are planning a New York commercial or residential real estate acquisition or the refinance of an existing mortgage in 2014, print out this flyer and put it in a safe place! The reality for consumers is that they DO have the opportunity to choose the provider of title insurance for their transaction! Another […]