188 Community Reach • New York
https://www.hallmarkabstractllc.com/
•
titleinsurancenewyork
2
titleinsurancenewyork
949
You buy commercial or residential real estate in New York, Hallmark Abstract Service protects it!
1) Provides title insurance through the highest-rated and best-capitalized underwriters,
2) In the 10-years since the firm opened its doors, Hallmark Abstract has not faced a valid title claim,
3) Hallmark Abstract charges among the industries lowest 'junk' and ancillary fees,
4) Clients work with one dedicated title officer throughout a transaction.
For real estate attorneys, Hallmark Abstract strives to address any title issues so that attorneys can focus on other matters!
That said, these are three critical points to ponder when comparing title insurance providers!
- Underwriter to be used
- Claims experience of a potential title insurance provider
- ‘Junk’ fees that appear on a title bill
1)Be certain that the underwriter being used for a title insurance policy is financially strong and will never pose a problem relative to its ability to pay a claim.
2) Title insurance providers will not all have the same history when it comes to title insurance claims. This is a critical indicator concerning the quality of the work product that they provide. While someone else (attorney or mortgage originator) may select the title insurance firm, make sure you ask about this very critical fact!
3) ‘Junk’ fees will be part of any title bill and WILL vary widely from firm to firm. Ask the chosen firm for a title bill and then compare that bill with another firm to make sure you are being treated fairly. Hallmark Abstract believes in charging close to cost for fees as the title insurance premium is compensation enough!
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