Breaking News About Combat Veterans And Death By Suicide!

Spirituality and faith at the Western Wall

As readers of the Hallmark Abstract Service blog know, the firms CEO Mike Haltman serves as Board Chair for the nondenominational combat veterans 501(c)(3) Heroes To Heroes Foundation! The firm has thrown its support behind this charity based on the tragic statistic that 20 Veterans, Each And Every Day, Die By Suicide! But in addition, our dedication […]

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 […]

Derivatives 101: Great Financial Tool Or Sinister Financial Time Bomb? – Update

time bomb photo

(Note: Why is a title insurance company writing about investing and hedging tools like credit default swaps? Because the potential risk to the economy and to the financial well-being of all Americans would affect every industry and every business, title insurance included!) As a result of the travel firm Thomas Cook filing for bankruptcy a few days ago, […]

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 […]

Hallmark Abstract Service Nominated Best of Long Island 2020, Best Title Insurance Company!

Hallmark Abstract Service nominated Best Titie Company on Long Island

  Hallmark Abstract Service is very proud to announce that the firm has been nominated in the Bethpage Federal Credit Union Best of Long Island 2020, Best Title Insurance Company! But, of course, we protect commercial and residential properties across New York State. Voting opens on October 1, and we will share the link then to cast your […]

NY’s 2019 Rent Stabilization Law: Opposing Views, Paths Forward by Jason Gordon, AmTrust Title

On July 31, 2019 Hallmark Abstract Service published the article, ‘Are there any winners in the NYC multifamily marketplace?‘, providing some background into the parameters of the new law and potential impact that the Housing Stability and Tenant Protection Act of 2019 could have. This impact would be on a variety of stakeholders including multifamily building owners […]

Are there any winners in the NYC multifamily marketplace?

  The Housing Stability and Tenant Protection Act of 2019 (the “Act”) that was signed into law June 14, 2019, has a little bit of something inside for most of the participants in NYC’s multifamily real estate market! For building owners, developers, tradespeople, banks, alternative lenders and more the impact is likely going to range from […]

Multifamily Building Owners and Developers: New York City Real Estate Experts Opine About the State of the Market! (Part 1)

New York City multifamily housing

In the NYC real estate market the developers of apartment buildings, current multifamily building owners, residential tenants and prospective tenants face an uncertain future due to the Housing Act of 2019, signed June 14, 2019! Today I had the opportunity to attend a real estate panel discussion organized and presented by AmTrust Title as part […]

July 1, 2019 New York State and New York City Real Estate Transfer Taxes Slated to Rise!

New York State real estate transfer tax and New York City mansion tax

July 1st the New York State Department of Taxation and Finance will be imposing an increase in the state real estate transfer tax and mansion tax in New York City!  The NYS transfer tax increase will affect residential property sales above $3MM and all other property types sales above $2MM. the increase will be $2.50 per […]

Is the Honeymoon with Your Title Insurance Provider Over?

Is Your Title Insurance Firm Making You Happy? If Not, Why Not Think About Trying One That Will! Introducing, Hallmark Abstract Service! Of course you currently have relationships with title insurance providers, but has the honeymoon ended? And while you may feel that because the process isn’t particularly broken, so why look to fix it, these […]