Category Archives: real estate transaction

Closing A New York State Real Estate Transaction in the Age of Coronavirus!

Today, and rightfully so, parties to a real estate transaction are loath to sit in close proximity to each other regardless of the degree of social distancing being used! In certain instances they may also be unavailable for a sit-down as they are quarantining themselves voluntarily or, because they feel ill, have been exposed to […]

Real Estate Transaction Time is of the Essence Clause – The Bankruptcy Extension Conundrum

“Time Is On My Side” – When a “Time of the Essence” Closing Date Keeps Rolling Like a Stone for 60 Days Over the weekend Hallmark Abstract Service was the sponsor of a 16-credit CLE class that was headed-up by real estate attorney Vince Gallo of Staten Island. Much time was spent during which he […]

In New York Title Insurance, Like Health Insurance, Should Be Affordable! (Video)

are you paying too much for title insurance?

Question: Shouldn’t the non-title insurance premium fees charged by your title company be as affordable as your health insurance premiums were supposed to be?  Of course they should but, much like health insurance costs post-the Affordable Care Act, things unfortunately aren’t always as they were meant to be or should be! So Congresswoman Pelosi, What […]

A tutorial on some of the potential closing costs in a real estate transaction!

Hallmark Abstract Service LLC

If you are buying a residential or commercial property then you are most likely aware that the cost of the property itself aren’t the only costs involved in your transaction! Title insurance, one critical piece of the transaction that is often overlooked by buyers, represents one part of the expense in closing on a property. […]

Hallmark Abstract Service wants to be your New York State title insurance provider

Hallmark Abstract Service New York State title insurance

And these are some of the reasons why! Hallmark Abstract was founded on these fundamental principles: One is to provide service above and beyond the expectations of our clients, while the other is to ensure that there will never be any surprises at the closing table. With that in mind, two basic questions guide us […]

10 real estate deal killers that buyers AND sellers need to avoid

Avoiding real estate transaction deal killers! If a qualified home-buyer has found their dream home and a home seller was lucky enough to find that qualified buyer, potential deal killers must be found and stopped! In today’s real estate marketplace for single-family homes nobody has to tell the seller of a home that the environment […]

Feeling the effects of foreclosure crisis mitigation efforts

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What stuff will the buyer and the seller in a transaction need to collect?

In a real estate transaction both the buyer and the seller need to collect a lot of stuff! There is nothing greater than the anxiety surrounding a real estate transaction for the buyer and for the seller. In order to help alleviate some of the dread entailed in the process, it would be helpful if […]