The Hallmark Abstract Service Title Bill App Is Live, And The Reviews Have Been Phenomenal!

For Real Estate Professionals (Attorney, RE Agent, Mortgage Broker), Knowledge is Power and Information is King! Hallmark Abstract Service Can Now Provide You With That Knowledge With The HAS Title Bill App (example below)! The HAS App is Designed to give attorneys, real estate agents, mortgage brokers and even homebuyers in New York key information about […]

New York Homebuyer, Attorney or Real Estate Agent? Calculate Title Insurance Costs, On Demand, With The Hallmark Abstract Service App!

Calculate  New York Title Insurance Costs at the Very Beginning of a Transaction, Using The ‘GET A QUOTE’ App in the Lower Right-hand Corner of the Hallmark Abstract Service Website!  You can also install our app on your phone to access a title insurance quote anywhere, and in realtime (contact info@hallmarkabstractllc.com for details). In A New York State […]

First American Title Facing Civil Charges Filed By New York Regulators for a Massive Data Security Breach!

Absolute Cybersecurity Protection is an Imperative for Title Insurance Companies in New York!  In 2017 the New York State Department of Financial Services (NYSDFS) implemented 23 NYCRR 500 designed to make sure that firms in certain industries have cybersecurity protocols in place to securely protect the NPI, or non-public information, of their clients. To summarize the parameters, […]

Can U.S. Interest Rates Ever Be Allowed To Rise, I Ask Again Three Years Later?

Spoiler Alert: The simple answer is that of course they can in the event of runaway inflation and/or an overheated economy, but in light of $26 trillion in federal debt that will soon rise by at least $1 trillion through additional stimulus (not to mention budget deficits for the foreseeable future), the question is whether […]

WeWork In The Covid And Post-Covid Coworking Race by Bill Conerly (Guest Author/Forbes.com)

WeWork, Past, Present and Future! Whether it’s the potential for recession, expected post-coronavirus vacancies in office buildings, a reticence by employees to take elevators to a high floor or, simply the competition presented by other coworking spaces, WeWork’s survival strategy is fraught with risk. On-the-other-hand, many of these same issues may also be the reason why […]

For New Yorkers, Being #1 Is Not Always The Best!

New York State, according to research at WealthManagement.com, is #1 among the 50 states in the tax burden on its residents! As the owner of a title insurance company I am obviously concerned with the health of the New York State real estate market. The levy of property taxes are always in focus, as are […]

PSA: Beware of the “Copyright Infringement Troll”​!

A Copyright Infringement PSA To Avoid The ‘Copyright Infringement Troll’! In December 2016 I wrote a public interest story in the Hallmark Abstract Service blog titled ‘Carnegie Deli Closing! Are New York’s Jewish Delis An Endangered Species?’, as sadly it seemed that fewer and fewer were left in New York City. As the owner of a […]

New York City Real Estate: Does The Pandemic Present A Buying Opportunity?

NYC real estate on sale

While New York City is in the infancy of coronavirus Phase 2, the impact of the pandemic on the NYC economy has been stark and highly visible! This includes the large number of boarded-up stores lining the streets, and the dearth of any car/foot traffic on those same streets! The current state of the NYC […]

Buying a Home in New York? What You Don’t Know Can Hurt (Cost) You!

Shopping for a home entails many factors that need to be considered, including financial, personal preferences, practicality, objectivity and realism! While we all have visions in our minds about the ‘perfect’ home, limitations can sometimes get in the way forcing compromise. Regardless, the process of home buying as described by various websites, for the most part covers […]

For Real Estate Transactions in New York City, There’s a New Process for Acquiring Water Bill Information

For the buyers and sellers of real estate in New York City, the responsibility for acquiring the information concerning a property’s water bill, normally that of the buyers title insurance provider, will now be arranged and paid for by the property owner! These are the details provided by the New York State Land Title Association… NYC DEP Water […]