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Home Abstract Corp.

Contact PersonMark D'Addona
Phone718x-680x-4663
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8225 Third Avenue
Brooklyn, New York 11209
 
Home Abstract Corp.
 
THE RIGHT TITLE INSURANCE
Home Abstract Title Insurance Company facilitates and streamlines real estate transactions by providing comprehensive title insurance protection.

Home Abstract Corp. helps homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals, homebuilders and developers, title agencies and legal professionals close transactions. Find out more about our products and services, and how we can help you streamline your transaction and protect your investment.

PROFESSIONALISM, SERVICE, AND INTEGRITY
Since 1977, the Title Insurance industry has undergone tremendous changes but Home Abstract’s mission remains – TO PROVIDE UNBEATABLE SERVICE TO OUR CLIENTS. The core foundation of our Company is to treat each client as a person; making them an extended member of our family. Home Abstract would not be what it is today without the years of friendship, loyalty, and camaraderie of our clients.

WHY TITLE INSURANCE
Title Insurance protects against hidden title hazards that may threaten your financial investment.

When purchasing real property, in addition to purchasing the actual structure and/or land, you are also purchasing the title to the property and the right to occupy and use the space. That title may be limited by rights and claims asserted by others, which may inhibit your use and enjoyment of the property and even bring financial loss.

With a one-time premium upon the purchase of your property, you can rest assured that your investment will be protected against loss from hazard and defect that may have existed in title prior to your ownership.

WHO SHOULD PURCHASE TITLE INSURANCE?
The two types of policies most commonly utilized are an Owner’s Policy and a Lender’s Policy.

A Lender’s Policy insures that the Lender’s security interest in the property has priority over claims that others may have in your property. This Policy does not protect you as the owner of the property.

If you want to protect yourself from claims by others against your new property, you must purchase an Owner’s Policy. An Owner’s Policy insures the Buyer for as long as he or she owns the property. The protection provided under a standard Owner’s Policy is limited to the amount of the policy purchased, which is typically equal to the fair market value of the Premises.

HOW MUCH TITLE INSURANCE WILL I NEED?
Typically, the Buyer is required to obtain title insurance equal to the full purchase price of the fair market value of the property. The Lender, on the other hand, obtains title insurance in an amount equal to the loan amount.

TITLE INSURANCE SERVICES FOR NEW YORK:
All policies issued and regulated as set forth in TIRSA All rates provided are subject to and governed by the qualifications of the New York State Title Insurance Rate Manual (TIRSA) and are verified with our underwriters prior to closing. Premiums and reduction terms are subject to change without notification. We strongly suggest our office be contacted for rate verification.

  
 
Visit our website: www.homeabstractcorp.com
 
Home Abstract Corp. | 8225 Third Avenue Brooklyn, New York 11209 | 718x-680x-4663
 
 
 
 
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