Tag Archives: residential real estate

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 […]

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 […]

How Do You Mitigate Various Types Of Risk?

Mitigating real estate risk

Risk is a small word that covers a large range of issues and scenarios including health, investing, recreation and of course, real estate! One need only look at the stock market futures this morning to understand the often-used phrase of ‘risk-off’ that describes the environment where investors take some money off of the table and sell. At-the-same-time, […]

Hallmark Abstract Service Nominated Best of Long Island, Best Title Insurance Company! Cast Your Vote Today!

Hallmark Abstract Service, Nominated Best of Long Island!

Hallmark Abstract Service, Best Title Insurance Company on Long Island! Cast Your Vote For Hallmark Abstract Service LLC in the Bethpage Federal Credit Union Best of Long Island! Voting is quick, easy, very much appreciated and you can vote once every day! Go to: https://lnkd.in/eJdUaeH Click on the Services icon On the left side of the […]

Important Information for New York State Buyers AND Sellers of Residential Real Estate Held by an LLC!

home photo

Title Insurance Companies Have Been Mandated by an Amendment to a New York State Law, to Determine the Actual LLC Owners in ANY Residential Real Estate Transaction For Both the Buyer and the Seller, Regardless of Price or Locality! Residential real estate: One to Four Family Dwelling Summary (Courtesy of NYSLTA): New Law Requires Full Disclosure […]

Why Is The Residential Real Estate Market Under-performing Its Potential?

single family home photo

Is it a good time to buy a home? A good time to sell? Time to sit on your hands and do nothing? Looking at simple statistics such as new home sales, existing homes sales, and housing starts may not tell the entire story or provide any real insight! So is there a metric that […]

No tips, please: Title closers say gratuities ban will cripple them – The Real Deal

New York State title closer compensation

This headline from an article at The Real Deal describes the situation that title closers, and by extension real estate attorney’s and title companies, in New York began facing as of yesterday, December 18, 2017! This is the day that the New York State Department of Financial Services (NYSDFS) Regulation 208 officially went into effect […]

How Much Do You Need To Earn To Buy A House In New York?

home sweet home photo

Or to buy a home in some of the other metro areas around the United States? Real estate brokers will tell you that one of the reasons for the increase in the price of residential real estate is the lack of inventory available for purchase. The price run-up has also been attributed to demand based […]

Residential Real Estate Buyers: Beware Of Wire Fraud Scams!

Residential Real Estat photo

Phishing, spoofing, cyberfraud and spyware are all terms that relate to a third party’s desire to invade your computer and, in many instances, to compromise your non-public information! In other words these scams are designed in their most malicious form to steal a consumers personal information, whether birthdate, social security number or credit cards, and utilize them […]