Tag Archives: real estate

In California A Fully Cryptocurrency-based Real Estate Transaction Has Closed And Been Recorded On Blockchain! Is New York Real Estate Next?

blockchain and title insurance

Are Real Estate Transactions Based In Cryptocurrency And Recorded On Blockchain, The Wave Of The Future In New York State And Elsewhere Around The United States? Dateline California, July 23, 2018: Propy Announces the First California Property Sale on the Blockchain Leading Blockchain-powered Real Estate Platform Completes Historic Property Deal in California, in Cryptocurrency  PALO […]

Inflation And Mortgage Rates (Charts)

The Federal Reserve has two fundamental mandates: maximum employment and stable prices with an upper limit it sets for an acceptable inflation rate! When employment reaches a level that’s known as full and a strong economy results in a shortage of available qualified workers, upward wage pressure can cause the inflation rate to rise. Similarly, when commodity prices […]

New Yorkers Feeling The Pinch Over The End Of SALT (State and Local Tax Deduction)

mining for salt photo

Tax Reform, Tax Cuts, Boon for the Middle Class and Tax Breaks for the Rich are but some of the names being applied to describe the tax legislation Congress is currently debating! The potential to rescind the state and local tax deduction, or SALT as it is commonly known, has many New Yorkers and residents of the other […]

The EB-5 Visa Program… What EB-5 Is And The Programs Pros and Cons!

The EB-5 Visa program was voted into existence by Congress late in the 20th century, and since that time has had its legions of supporters and detractors! That said, it’s likely that the majority of Americans know little when it comes to what this sometimes controversial and often politically charged program is all about. What is its […]

Guest Article: Beware Marketing Services Agreements (MSA’s)!

the downside of MSA

This article concerning Marketing Service Agreements, or MSA’s, was written by Warren Goldberg, President of Mortgage Wealth Advisors and is being shared with his permission. What is an MSA or Marketing Service Agreement? ‘​The residential mortgage origination industry has long used Marketing Services Agreements (MSAs) to establish the terms of certain marketing arrangements. An MSA, written […]

Why You Need A Real Estate Agent!

If you’re buying or selling a home, why would you try and do it on your own? In today’s technology-rich world, with information immediately available and a desire by many for immediate gratification, some prospective homebuyers and home sellers might rely on the internet and themselves to get the job done! And, if you’re currently involved […]

Getting A Mortgage: Man Versus Machine

Photo: Transpanish.biz

Two weeks ago we offered our readers the advice of a mortgage professional who opined on the importance of having a live mortgage industry partner and expert involved in the process of acquiring or refinancing a mortgage! In the article, ‘It Doesn’t Take A Rocket To Get To The Top‘,  Mortgage Wealth Advisors President Warren Goldberg strongly disagreed with the […]

The Impact Of NYC Coworking Offices On The Commercial Real Estate Market

co-working space business model

NYC coworking offices potential impact on the NYC commercial real estate market…None, Some or Significant? New York firms large and small often have one thing in common when it comes to the desired address of their corporate headquarters…That it have a New York City, and more specifically Manhattan, zip code (although Brooklyn can be up there as […]

Hallmark Abstract’s News 12 Long Island Interview About The New Suffolk County Mortgage Recording Fees!

Suffolk County mortgage recording fees

On December 2, 2016 Hallmark Abstract President Michael Haltman wrote an article concerning the significant new mortgage recording fees set to be imposed by Suffolk County, New York! In the article Haltman opined that the new fees represented ‘an egregious money grab and as regressive a tax as has been seen in some time! And, by some […]

Suffolk County, Long Island Proposes A Huge Increase In Mortgage Recording Costs!

New

Update December 7, 2016: The new fee discussed below has been passed by the Suffolk County legislature per the County website… $300.00 per document  MORTGAGE VERIFICATION FEE effective January 1, 2017 Suffolk County, New York has announced a new fee that will be required to record certain mortgage and mortgage-related documents! To this observer, this seems to be […]