Hallmark Abstract Service! We are able to protect supertall buildings in a single transaction across New York State! And, we are expert in protecting single-family homebuyers, commercial property buyers and mortgage refinancers in every real estate transaction that they enter into! Hallmark Abstract Service Is Open For Business And Stands Ready To Serve The New York […]
With the 10-year treasury hitting an all-time record low yield today (February 25, 2020) of 1.31%, and mortgage rates at or near historic lows, does it seem to anyone else as if the banks are basically ‘giving’ their money away? For current homeowners with a mortgage already outstanding, or a property owner with far less […]
Typically a homebuyer will let their attorney take the lead when it comes to the title insurance portion of a purchase transaction! (Updated, January 2020) Similarly those refinancing a mortgage will do the same with their lending institution. And given that the relationship between the attorney or banker and their client is based on trust, […]
If you’re like most people, when your credit card statement arrives in the mail you check each item carefully to make sure that there are no errors and that you’re not being overcharged! And rightfully so, as no one wants to pay more than they are supposed to be paying! In much the same way when […]
For those of us whose business involves providing products or services that some may consider to be the same regardless of who it’s purchased from, is this actually the case? For example are all transactional real estate attorney’s the same because, after all, at the end of the day a deal will typically close? How about […]
For someone in New York buying a home, commercial property or who may be refinancing a mortgage, all title insurance is NOT created equal! As a quick primer title insurance is backward looking, purchased for the purpose of protecting owners of real property and the lender that may have provided financing. Title insurance ensures the fact that when a buyer/mortgage refinancer closes, […]
This photo is a portrayal of just how far that is! In other words if there is ever an instance where an attorney, property owner, property buyer, mortgage bank or anyone else find themselves in the midst of a title insurance related emergency, Hallmark Abstract Service will scale or descend from any height necessary to help! The truth is, however, […]
Is a new lender’s title insurance policy for a mortgage refinance just a way for the industry to make more money? For some who are currently refinancing or who have refinanced a mortgage in the past, this is the exact question that many will ask! After all lender’s title insurance was purchased when they originally bought their property […]
The Federal Housing Administration (FHA) is tweaking its single-family Neighborhood Watch System! In what appears to this untrained eye to be a move back towards some of the excesses that brought the financial crisis on in the first place, FHA is adjusting its Neighborhood Watch System in an attempt to spark more mortgage lending to borrowers with lower […]
Today there is a real possibility that when the appraiser of a home comes back with a value, it may not match the expectations of the homeowner! This contrasts with the old days, or more precisely the go-go years pre-financial crisis, when appraisers, homeowners, homebuyers and mortgage companies seemingly worked in concert resulting in a homes value […]
