Hallmark Abstract Service CFO Linda Haltman spoke with Brick Underground Founder and CEO Teri Karush Rogers about the title insurance for a New York City real estate property purchase, and things that buyers should consider when selecting the title insurance company to work with. While the property buyers real estate attorney will recommend a title […]
Is commercial financing about to get more difficult? Listen to the podcast episode that offers a potential solution! Delinquencies on the Rise! According to Trepp, considered the industry’s largest commercially available database of securitized mortgages, the CMBS delinquency rate rose in December for the first time in 18 months! In a […]
What do you wonder about? We all have questions that we very much plan on getting the answers to, but because our lives get in the way often never get around to finding out! We can hopefully help! By popular demand, Hallmark Abstract Service is very proud to announce the creation of the Do You […]
In this issue of the Hallmark Abstract Service Newsletter, the firm’s CEO Michael Haltman is interviewed by the CEO of Casandra Properties on the Casandra Properties podcast! In a fast-moving discussion the topics move from real estate in New York, the title insurance a buyer needs to obtain, charity events of different types and the combat […]
Calculate New York Title Insurance Costs at the Very Beginning of a Transaction, Using The ‘GET A QUOTE’ App in the Lower Right-hand Corner of the Hallmark Abstract Service Website! You can also install our app on your phone to access a title insurance quote anywhere, and in realtime (contact info@hallmarkabstractllc.com for details). In A New York State […]
With little to no Spring real estate selling season in New York City due to coronavirus, many experts believe that the Phase 2 economy, coming soon, will open the floodgates to an insatiable demand from homebuyers and investors! But at the same time the potential for a repricing of NYC real estate, due to a […]
With the 10-year treasury crossing below .75% this morning, potential homebuyers and those on the fence about refinancing may hop off, and pursue a mortgage loan! In other words, with rates at current levels are banks and other lending institutions offering borrowers the opportunity to basically ‘pick money off of the proverbial money tree’? […]
The phrase air rights, depending on who you you’re speaking with, conjures up various thoughts and opinions over exactly what they are! There is of course the environmental and aviation context, but for the purposes of this article we speak of the ability for a developer to build a building to a certain vertical height. One can possess air rights […]
Does it Matter Which Company Provides the Title Insurance for Your Real Estate Transaction? If you are a New Yorker buying a primary home, a second home or a commercial property, more often than not your attorney will choose the title insurance provider for your transaction. And truth-be-told, the first time you even hear about […]
July 1st the New York State Department of Taxation and Finance will be imposing an increase in the state real estate transfer tax and mansion tax in New York City! The NYS transfer tax increase will affect residential property sales above $3MM and all other property types sales above $2MM. the increase will be $2.50 per […]
