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, […]

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 […]

Buying a Property in New York? Remember You Have the RIGHT to Choose Your Title Insurance Provider!

Who is providing your title insurance in New York

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 […]

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 […]

The Attorney’s Role in New York Real Estate Transactions – Michele Cea, Esq.

In light of the CLE that Hallmark Abstract Service sponsored this weekend titled ‘Uncovering the Landmines Buried Deep in the New York Residential Real Estate Contract‘ that was hosted by attorney Vincent J. Gallo, we offer the article below authored by attorney Michele Cea of the firm Cea Legal, P.C. titled ‘The Attorney’s Role in […]

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 […]

Putting Your Small Business on the Map…Literally

I was recently in a meeting where Barry Rosenblum, the owner of the Intelligent Office located in RXR Plaza, Uniondale, Long Island, was the guest speaker. He spoke about the trials and tribulations facing small businesses in today’s real estate and employment market environments. The predicament of competing with larger companies that may possess both […]

Title Insurance: 5 Things Every New York State Homebuyer Or Refinancer Of A Mortgage, Should Know!

Hallmark Abstract NY title insurance

Typically a homebuyer will let their attorney take the lead when it comes to the title insurance portion of a purchase transaction! (Updated, January 2020) Similarly those refinancing a mortgage will do the same with their lending institution. And given that the relationship between the attorney or banker and their client is based on trust, […]

Guest Article: This Is What Seniors Should Seek in a New Home by Kent Elliot

Buying a home is never an easy decision. And issues that come along with age, such as mobility decline and dementia, can make it that much more challenging. If you are a senior in the market for a new home, pause for just a moment to consider what you truly need. A home for your […]