When Buying or Selling a Home in New York, What Charges, Fees and/or Taxes Are Each Side of the Deal Responsible For? A great question and, as a title insurance company solely focused on New York State real estate transactions, we spend much of our time educating the consumer on the costs within our purview and about how […]
Moving Trends, Covid-style… Some interesting statistics, courtesy of United Van Lines. Not much of a surprise, but density has seemed to play a major role… The Top Inbound States Vermont South Dakota South Carolina West Virginia Florida Alabama Tennessee Oregon Idaho Rhode Island The Top Outbound States New Jersey Illinois New York Connecticut California Michigan […]
We’re A Title Insurance Company! Why Is This About Federal Spending? Because All Roads Lead To The Economy, And A Healthy Economy Is Led By The Real Estate Market! Economic strength or weakness is a key factor that helps to dictate the condition of the real estate market. Federal, state and local taxes along with […]
Spoiler Alert: The simple answer is that of course they can in the event of runaway inflation and/or an overheated economy, but in light of $26 trillion in federal debt that will soon rise by at least $1 trillion through additional stimulus (not to mention budget deficits for the foreseeable future), the question is whether […]
New York State, according to research at WealthManagement.com, is #1 among the 50 states in the tax burden on its residents! As the owner of a title insurance company I am obviously concerned with the health of the New York State real estate market. The levy of property taxes are always in focus, as are […]
Shopping for a home entails many factors that need to be considered, including financial, personal preferences, practicality, objectivity and realism! While we all have visions in our minds about the ‘perfect’ home, limitations can sometimes get in the way forcing compromise. Regardless, the process of home buying as described by various websites, for the most part covers […]
For the buyers and sellers of real estate in New York City, the responsibility for acquiring the information concerning a property’s water bill, normally that of the buyers title insurance provider, will now be arranged and paid for by the property owner! These are the details provided by the New York State Land Title Association… NYC DEP Water […]
Long Island is going Phase 1 tomorrow, but what about New York City? In order to return to any semblance of normalcy, the real estate industry in the New York City/Long Island/Westchester region is anxiously waiting for Phase 2 of the coronavirus economy reopening to be implemented! So c’mon Phase 1 because, as the players and […]
The Potential Unintended Consequences of a Blanket 12-Month Moratorium (Forbearance) on Mortgage Payments, Due to Economic Hardship Caused by Coronavirus! There is no question that a great many Americans are being economically damaged, in a big way, by the government mandated shutdown of the U.S. economy due to pandemic. And yet, we can observe […]
Visit and Follow us at Instagram, LinkedIn and/or Facebook For individuals with a mortgage on a house or for those who are renting their current home, some level of immediate temporary relief is being offered by the powers that be! And, the same type of relief is available to most consumers for credit card debt […]
