Touchdown Abstract Services, Inc.

Touchdown Abstract Services, Inc.

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LUNCH BOX CRITICS
November 13, 2020
Grilli’s Gourmet Deli
225 Islip Ave, Islip, NY 11751
(631) 277-2166

Bacon, Grilled Cheese– Definitely indulgent on its own-Perfectly golden and crisp exterior, gooey, crispy bacon interior.
Loaded Potato Soup- Full of flavor, huge portion. Highly recommend
It's time for our #green #TermOfTheDay !

Today's term ... Reclaimed Lumber:

Lumber reclaimed by "deconstruction" of a building or structure. This lumber can be used for non-structural applications such as paneling and flooring and, if re-graded, can be used in structural applications. Major advantages include usually higher quality surface characteristics (it often came from tight-grained old-growth lumber), less cost than new lumber and reduction in landfill wastes (although it can be easily mulched). Major disadvantages are that it is fairly labor-intensive to clean up and, after many years of drying, is often very hard to nail. It may need to be predrilled, increasing installation cost.

Photo courtesy of Viridian Wood
🎉🎈Come on down! The Price Has 〽️Dropped! Join us at our Open 🏡House for this beautiful home in Smithtown on Sunday, 9/8/19 from 1pm to 3pm! Newly renovated, wood floors, finished basement, Eat-in Kitchen with stainless steel appliances, and so much more! Down from $649,000, Now $569,000!

We ARE Your Real Estate Resource Team! 🏈
🎈Join Touchdown Homes for our Open House🏡 on Sunday, August 11th from 12:30pm to 2:30pm at 1136 S. Service Rd., Brookhaven NY 11719!

Can't wait to show you around this fabulous home! 🏠🙋‍♀️

We ARE your Real Estate resource team! 🏈
🎈COME ON DOWN! 🎈

Join Touchdown Homes, Inc. for their Open House 🏠 this weekend on Sunday, August 4, 2019 from 1 to 2pm. Looking forward to seeing you there!

》1136 S. Service Rd., Brookhaven NY 11719《
🎉ANOTHER SUCCESSFUL CLOSING! Thank you, Lora A. Rosenthal of Touchdown Abstract, Inc., for your outstanding service! 🏘

We ARE your real estate resource team!
Happy August! To celebrate, we'll be sharing some #GreenBuilding terms starting today! Get ready to think Green!

#TermOfTheDay >Thermal Bridging: The process in which a material with poor insulation quality allows heat to pass through a material with greater insulation quality.
🎈Check out our Open House events in Smithtown and Brookhaven, Saturday, July 27th, from 12:30pm to 2:30pm.🏘
DID YOU MISS US LAST NIGHT? No worries, you can still listen to the show! And if you'd like to comment or ask questions, it's not too late... leave them below!

https://www.facebook.com/VillageConnectionNetwork/videos/2243144045723178/?sfnsn=mo
NALS of SUFFOLK COUNTY…
the association for legal professionals

General Meeting

Wednesday, September 11, 2019
6:00 p.m.-8:00 p.m.

at

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard, 2nd Floor
Islip, New York 11751

Please RSVP to: [email protected] or
(631) 224-7196
*Please note pizza and cookies will be served*

**********************************************************
Our guest speakers: Concetta Spirio, Esq.
Elizabeth Vaz, Esq.
Topic: Collaborative Law
This will be an interactive meeting

A full service title abstract company title, mortgage and real estate services

Operating as usual

10/31/2021
10/28/2021

Just because—I can’t ask for a more hard working and professional staff—Boss Lady.

Just because—I can’t ask for a more hard working and professional staff—Boss Lady.

Refinancing a mortgage now could save a homeowner $293 a month, new data says 10/20/2021

Refinancing a mortgage now could save a homeowner $293 a month, new data says

Refinancing a mortgage now could save a homeowner $293 a month, new data says

As it threw economies into chaos last year, COVID-19 ushered in the lowest mortgage rates ever seen — and the days of ultra-low rates aren't over yet.

Thirty-year mortgage rates climbed earlier this year as the vaccine rollout had investors feeling confident about the recovery. Now, with the Delta variant on the rampage, rates are falling again.

The recent decline has opened up more opportunities for homeowners to refinance their mortgages and slash their monthly payments and lifetime interest costs. Close to 14 million mortgage holders would see substantial savings by taking out a new loan, according to new research.

Read full article here:
https://finance.yahoo.com/news/mortgage-refinance-still-worth-13-221500562.html

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Refinancing a mortgage now could save a homeowner $293 a month, new data says A recent drop in mortgage rates has given close to 14 million an incentive to refi.

10/10/2021

Missed housing payments pile on for homeowners, renters

Homeowners and renters continue their gradual recovery from the historic job losses of 2020. But for many, the ability to make their housing payments remains out of reach.

In March 2021, 7.7% of U.S. non-subsidized rental households were one or more payments behind on rent, according to the Mortgage Bankers Association (MBA).

While this is still higher than a typical month, the share of renters with missed payments has declined fairly steadily since peaking at 11.1% in April 2020.

Throughout the pandemic and recession, roughly one-in-four rental households have missed a payment, with the majority able to catch up within the one-to-three months following the first missed payment. For homeowners, one-in-seven — or 14% — have missed payments at some point during the 2020-2021 recession.

Read full article here:
https://journal.firsttuesday.us/missed-housing.../78092/

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Missed housing payments pile on for homeowners, renters

Homeowners and renters continue their gradual recovery from the historic job losses of 2020. But for many, the ability to make their housing payments remains out of reach.

In March 2021, 7.7% of U.S. non-subsidized rental households were one or more payments behind on rent, according to the Mortgage Bankers Association (MBA).

While this is still higher than a typical month, the share of renters with missed payments has declined fairly steadily since peaking at 11.1% in April 2020.

Throughout the pandemic and recession, roughly one-in-four rental households have missed a payment, with the majority able to catch up within the one-to-three months following the first missed payment. For homeowners, one-in-seven — or 14% — have missed payments at some point during the 2020-2021 recession.

Read full article here:
https://journal.firsttuesday.us/missed-housing.../78092/

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Photos from Touchdown Homes's post 10/03/2021

“Under Contract”

$399,900 Just Listed!
92 Cliff Rd W, Wading River, NY 11792

Well maintained bright open ranch with oak hardwood floors and stone fireplace. Master bedroom with sliders to back yard, Spacious sunroom with vaulted ceiling with wood burning stove for those chilly nights, sliders to outside patio. Private park line grounds. Part of Hartwood on the Sound Beach Community. HOA offering private beach access with amazing sunrise/sunset views. Basement and Garage. HOA Fees: $110.00 year.
https://www.facebook.com/touchdownhomesLI/posts/2172841416186661

Housing Is So Hot That U.S. Builders Have to Stop Taking Orders 09/30/2021

Housing Is So Hot That U.S. Builders Have to Stop Taking Orders

Housing Is So Hot That U.S. Builders Have to Stop Taking Orders

Across the U.S., house prices are skyrocketing, bidding wars are the norm and supply is scarcer than ever. Now the market is too hot even for homebuilders.

Demand is so fevered -- and construction costs are climbing so quickly -- that overwhelmed builders are suppressing orders and shifting away from fixed prices. Companies including D.R. Horton Inc. and Lennar Corp. are experimenting with blind auctions in areas such as Texas, Florida and southern California. Some smaller firms have stopped signing contracts altogether.

Read full article here:
https://www.bloomberg.com/news/articles/2021-05-20/buying-a-house-gets-tougher-as-builders-limit-their-orders?srnd=premium

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Housing Is So Hot That U.S. Builders Have to Stop Taking Orders Long waiting lists, rising construction costs and labor shortages send new-home prices soaring

The SECURE Notarization Act Is a Necessary Step Into the Future - Morning Consult 09/27/2021

The SECURE Notarization Act Is a Necessary Step Into the Future - Morning Consult

The SECURE Notarization Act Is a Necessary Step Into the Future

Since the onset of the pandemic, businesses have been forced to rapidly adapt to a new normal, and the real estate industry is no exception. One of our industry’s most important tools in this process has been remote online notarization. Being able to execute real estate transactions digitally has been critical to our efforts to keep people safe and continue business. Now, we must ensure that digital closings continue to be a convenient option for all Americans by passing national RON legislation.

Read full article here:
https://morningconsult.com/opinions/the-secure-notarization-act-is-a-necessary-step-into-the-future/?mkt_tok=ODUwLVRBQS01MTEAAAF9Lc4k_r5aXpdmQr3JZelqidle1axTQhnYA-f3erwSeUBtXxrpySDczIx4FKo4m5BQA45IjRJ3OmpuXmXIwMNoDzc9-DDWg5UQ4xYW6IPJBjSl

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

The SECURE Notarization Act Is a Necessary Step Into the Future - Morning Consult We must ensure that digital closings continue to be a convenient option for all Americans by passing national RON legislation.

Photos from Touchdown Abstract Services, Inc.'s post 09/25/2021

150 Islip Avenue, Unit 6, Islip, NY 11751
$24 / Price Per SQFT

Time to get out of the house; Easy Access, Ample Parking, Handicap assessable, Suite 6 part of multi-tenant professional building located on Islip Avenue/Rte 111. Listed Lease Rate plus proportional share of real estate taxes; separate gas/electric/air conditioning. Owner willing to modify. Signage provided by Owner. Located next to Islip Train Station. Tenant to verify all information prior to Lease signing.

150 ISLIP AVENUE, UNIT 6 | MLS# 3298198
This property located at 150 Islip Avenue, Unit 6, Islip, NY 11751 is currently listed for rent with an asking price of $24 / Price Per SQFT.
Contact us for more information

Touchdown Homes Inc.
350 Moffitt Blvd, 2nd Floor
Islip, NY 11751
(631) 650-6550
Email: [email protected]
Website: http://Touchdownhomesinc.com
#touchdownhomes #realestate

National banks outpace regionals in digital satisfaction: J.D. Power study 09/15/2021

National banks outpace regionals in digital satisfaction: J.D. Power study

National banks outpace regionals in digital satisfaction: J.D. Power study

Dive Brief:

The growing consumer shift to mobile banking is favoring the nation’s largest banks, with national banks earning an eight-point increase in overall customer satisfaction their retail apps compared with regionals, which have seen their mobile app satisfaction scores decrease 17 points this year, according to a study released last week by J.D. Power.

A record 41% of bank customers are classified as digital-only, and two-thirds, or 67%, of retail bank customers used mobile banking apps in the past year, the report found.

As the pandemic drove a demand for digital services, the depth and quality of an institution’s digital offerings is becoming a key customer satisfaction differentiator between national and regional retail banks, the report found.

Read full article here:
https://www.bankingdive.com/news/national-banks-outpace-regionals-in-digital-satisfaction-jd-power-study/601759/

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

National banks outpace regionals in digital satisfaction: J.D. Power study Bank of America bested JPMorgan Chase in mobile app satisfaction among national banks. Regions Bank and Huntington Bank took the highest marks among regionals in online and mobile app satisfaction, J.D. Power found.

Mortgage refinance fee dropped by regulator, lowering costs for borrowers 09/04/2021

Mortgage refinance fee dropped by regulator, lowering costs for borrowers

Mortgage refinance fee dropped by regulator, lowering costs for borrowers

Fannie Mae and Freddie Mac are dropping a fee on mortgage refinances that was instituted during the pandemic, lowering costs for borrowers, the Federal Housing Finance Agency said Friday.

Fannie and Freddie were charging lenders a 50 basis-point fee for all loans that were delivered to the two mortgage giants. The fee, designed to cover losses projected as a result of the pandemic, was being passed on to borrowers.

Read full article here:
https://www.cnbc.com/2021/07/16/fannie-and-freddie-drop-mortgage-refinance-fee-lowering-costs-for-borrowers.html

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Mortgage refinance fee dropped by regulator, lowering costs for borrowers Fannie Mae and Freddie Mac are dropping a fee on mortgage refinances that was instituted during the pandemic.

Examining Buying, Selling Behaviors of LBGTQ+ Homeowners 08/31/2021

Examining Buying, Selling Behaviors of LBGTQ+ Homeowners

Examining Buying, Selling Behaviors of LBGTQ+ Homeowners

Homebuyers who identify as LBGTQ+ reportedly tend to purchase older, smaller homes than their non-LBGTQ+ counterparts. This demographic also report planning to live in their new homes for 10 years, an average of five years less than buyers who identify as cisgender and/or straight. These findings come from the 2021 Profile of LGBTQ Home Buyers and Sellers from the National Association of Realtors (NAR), whose research team also found that LGBTQ+ buyers and sellers were more likely than non-LGBTQ to be single men and unmarried couples and were more likely to identify as male than as female. Also, buyers and sellers who identified as bisexual were more likely than other groups to be younger, be first-time homebuyers or sellers, and report lower incomes.

Read full article here:
https://themreport.com/daily-dose/06-14-2021/examining-buying-selling-behaviors-of-lbgtq-homeowners

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Examining Buying, Selling Behaviors of LBGTQ+ Homeowners Homebuyers who identify as LBGTQ+ reportedly tend to purchase older, smaller homes than their non-LB...

Ex-Zillow execs promise revolution in lending - HousingWire 08/29/2021

Ex-Zillow execs promise revolution in lending - HousingWire

Ex-Zillow execs promise revolution in lending

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. But this is no ordinary mortgage startup. Venture capital investors including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint, believe that Tomo has the potential to topple the legion of lenders that have increased market share, invested heavily in technology and lapped up record profits in recent years.

Tomo, founded by former Zillow executives, is built on the premise that homebuyers need to gain an edge, especially in a market largely defined by limited inventory and fierce bidding wars.

Read full article here:
https://www.housingwire.com/articles/ex-zillow-execs-promise-revolution-in-lending/

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Ex-Zillow execs promise revolution in lending - HousingWire Tomo is a new mortgage platform backed by ex-Zillow executives Greg Schwartz and Carey Armstrong. Seventy million in seed fund was raised.

Cash Is King in the Housing Game 08/20/2021

Cash Is King in the Housing Game

Cash Is King in the Housing Game

A new analysis of home sales by Redfin has found that nearly one-third (30%) of U.S. home purchases this year were paid for with all cash, up from 25.3% during all of 2020, and representing the largest share since 2014, when 30.6% of homes were purchased with all cash.

"I've never seen more cash in Boise's housing market than I've seen in the past year," said Shauna Pendleton, a Redfin Real Estate Agent in Idaho. "I just sold a $700,000 home to a cash buyer last week. The entire $700,000 came from his E*Trade account."

Remote work has allowed homeowners in expensive cities—including San Francisco and New York—to sell their homes and move to less expensive areas, where they can often afford to buy properties in cash.

Read full article here:
https://dsnews.com/daily-dose/07-16-2021/cash-is-king-in-the-housing-game

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Cash Is King in the Housing Game A new analysis of home sales by Redfin has found that nearly one-third (30%) of U.S. home purchases ...

Home sales are beginning to stall as buyers hit their limit - HousingWire 08/18/2021

Home sales are beginning to stall as buyers hit their limit - HousingWire

Home sales are beginning to stall as buyers hit their limit

Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week.

The national median home-sale price hit a record high of $386,888, up 25% year over year, but a slight decline from the record of 26% in May. The number of homes for sale fell 28% year over year from 2020, and the typical home sold in just 14 days — a record low and down from 39 days in June 2020.

Homes sold for their highest prices and at their fastest pace on record, but measures for market speed and competition seem to be at or near peak levels for this year, said Daryl Fairweather, Redfin’s chief economist.

Read full article here:
https://www.housingwire.com/articles/home-sales-are-beginning-to-stall-as-buyers-hit-their-limit/

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Home sales are beginning to stall as buyers hit their limit - HousingWire Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012 per a new Redfin study.

Harsher rules, more enforcement: What to expect from Chopra's CFPB 08/11/2021

Harsher rules, more enforcement: What to expect from Chopra's CFPB

Harsher rules, more enforcement: What to expect from Chopra's CFPB

Soon after he was inaugurated as president, Barack Obama famously quipped to congressional Republicans that “elections have consequences.”

One of the consequences of Obama’s election was the passage of the 2010 Dodd-Frank Act, which, among other things, established a new federal agency known as the Consumer Financial Protection Bureau. The brainchild of then-Harvard Law professor Elizabeth Warren, the bureau wielded broad authority to define what consumer lending practices are unfair and punish companies that offered them.

Read full article here:
https://www.americanbanker.com/news/harsher-rules-more-enforcement-what-to-expect-from-chopras-cfpb

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

Harsher rules, more enforcement: What to expect from Chopra's CFPB Rohit Chopra, President Biden’s pick to head the Consumer Financial Protection Bureau, is expected to be the type of aggressive leader the agency had at its inception. Is that what consumers need?

FHFA Director Addresses Underserved Markets 08/06/2021

FHFA Director Addresses Underserved Markets

FHFA Director Addresses Underserved Markets

As part of its Duty to Serve (DTS) program, the Federal Housing Finance Agency hosting a series of Listening Sessions focusing on various underserved markets. The DTS program requires Fannie Mae and Freddie Mac (GSEs) to facilitate a secondary market for mortgages on housing for very low-, low-, and moderate-income families in three underserved markets: Manufactured Housing, Affordable Housing Preservation, and Rural Housing. The DTS program requires the GSEs to prepare Plans detailing specific objectives and activities they plan to implement to fulfill the DTS mandate.

Read full article here:
https://dsnews.com/daily-dose/07-16-2021/fhfa-director-addresses-underserved-markets

Touchdown Abstract Services, Inc.
350 Moffitt Boulevard - 2nd Floor
Islip, New York 11751
Phone: (631) 224-7196
Fax: (631) 224-7197
#touchdownabstract #realestate

FHFA Director Addresses Underserved Markets As part of its Duty to Serve (DTS) program, the Federal Housing Finance Agency (FHFA) hosting a ...

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👏THANK YOU TO EVERYONE FOR COMING OUT TO SUPPORT THE TOUCHDOWN ABSTRACT & SUGARMAN LAW HABITAT BUILD TODAY.YOU ARE TRULY...

Telephone

Address


350 Moffitt Blvd, 2nd Flr
Islip, NY
11751

General information

I am the Owner of Touchdown Abstract Services, Inc., which is a full service title company providing title reports, title abstracts and title insurance for commercial and residential properties. Touchdown Abstract is a Certified Women Owned Business by the Suffolk County Office of Minority Affairs, New York City Department of Small Business Services and New York Empire State Development which meets the federal and state requirements for supply diversity programs. We would like to personally thank you for this opportunity and we look forward to building a strong business relationship. If you would be so kind as to advise our office if we can be of assistance in meeting your federal and/or state requirements for supply diversity programs, we would greatly appreciate it. Life is good. Lora A. Rosenthal Touchdown Abstract Services, Inc. President/Owner 631-224-7196 With so many people involved with each real estate transaction, we play a vital role. This is why we do not see you as a customer. We see you as a partner and this makes communication the most valuable asset in our arsenal. When combined with an astounding network, knowledge, experience, state-of-the-art database and tracking system, and of course the Internet, we can provide a better product enough to make a client raise an eyebrow. It's no wonder why "we make your goals happen"

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
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