Tag Archives: NYC real estate

Role-Playing in New York Real Estate!

The Role of Hallmark Abstract Service is Straightforward! Straightforward in terms of the end result leading to a title insurance policy, but in the age of coronavirus the process has most definitely required a greater degree of creativity due to business and governmental closures along with the need for social distancing! As a title insurance […]

The NYC and Long Island Real Estate Industry Needs Coronavirus Phase 2 In Order To Function! But…

real estate and coronavirus Phase Two

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 […]

Coronavirus Be Damned, In Real Estate The Show Must Go On!

Coronavirus Be Damned, In Real Estate The Show Must Go On! When it comes to residential and commercial real estate transactions in New York, coronavirus or not the deals need to close! When it comes to the title insurance portion of the deal and beyond, Hallmark Abstract Service is successfully helping its clients choreograph closings […]

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

Today, and rightfully so, parties to a New York 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 […]

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 […]

Hallmark Abstract Service: Title Insurance Warrior!

Hallmark Abstract Service! We are able to protect supertall buildings in a single transaction across New York State! And, we are expert in protecting single-family homebuyers, commercial property buyers and mortgage refinancers in every real estate transaction that they enter into! Hallmark Abstract Service Is Open For Business And Stands Ready To Serve The New York […]

Question: For a Commercial Landlord, What is The Coronavirus Disclosure/Action Plan Obligation?

The owners of office buildings, office parks, multifamily apartment buildings and other types of commercial property, find themselves facing decisions that they didn’t know existed two months ago! With the spread of coronavirus, in the event that a management company and/or building owner is put on notice that a tenant or visitor is exhibiting symptoms […]

Record Low Treasury Yields: An Historic Opportunity in the Mortgage Market!

10-year treasury yield at 1.31%

With the 10-year treasury hitting an all-time record low yield today (February 25, 2020) of 1.31%, and mortgage rates at or near historic lows, does it seem to anyone else as if the banks are basically ‘giving’ their money away? For current homeowners with a mortgage already outstanding, or a property owner with far less […]

New York State Title Insurance Claims – The Most Common Are…

Whenever you buy an insurance policy you may or may not be expecting to ever have to submit a claim! If it’s health insurance you know that at some point during the year you will need to go to a doctor or specialist and will utilize whatever insurance you may have. Whether or not you will get reimbursed depends […]

Apartment Rental Agents in New York City: What Happens When a Potential Death Blow Hits?

Update September 10, 2020: A New York judge temporarily blocked a new state rule barring brokers from charging tenants. For now, tenants will once again be paying fees to brokers! The new state of the apartment rental real estate industry in New York City (as of Tuesday), reminds one of the Abbott and Costello routine ‘Who’s […]