Oy Vey! Is VUI-202012/01 On Its Way From The U.K. To America?

Are Virtual Real Estate Closings (and empty closing tables) in New York On Their Way Back? Summary: New York hopefully never gets there (shutdown) due to the new coronavirus strain in the U.K., but if we do Hallmark Abstract Service is ready! The new even more contagious coronavirus variant may/could result in new shutdowns across New […]

Caveat Emptor When Buying Homeowners Insurance (and Title Insurance too)!

Insurance To Protect Your Home: Educate, Educate, Educate! Whether you currently own a home or will become a homeowner in the near future, more likely than not (and 100% if you have a mortgage) a homeowners insurance policy will be purchased to protect against the damage that can be inflicted by such risks as flood, […]

The Proposed New York City Pied-A-Terre Tax (Q&A)

Hallmark Abstract NY title insurance

Hallmark Abstract Service received the excellent question below that’s based on a proposed New York City pied-a-terre tax we discussed in the article, ‘Oracle Chooses Tax Sanity And Is Leaving California…Is New York Paying Attention?‘: It’s an excellent question because the details of the tax and impact on homeowners in New York City at this […]

A Pox On Both Of Their Houses – Mercutio! (Opinion)

I am not a politician, but instead the owner of a title insurance company in New York who deeply believes in each and every one of the terms in the photo above! As a business owner I have a responsibility to my family, my employees, my vendors, my clients and myself, to do as much as I […]

Oracle Chooses Tax Sanity And Is Leaving California…Is New York Paying Attention?

Note: As a resident of the state with the highest tax burden in the United States and as the owner of a title insurance company reliant on a healthy environment for both the commercial and residential real estate markets, the subjects of affordability and quality of life in New York State are extremely important to me. […]

Joe Biden Wins…Will The Real Estate Industry?

What changes are in the offing for the real estate market after President-Elect Joe Biden is sworn-in as President on Wednesday, January 20, 2021? Of course as with any topic as broad as this one, there are no shortages of opinions from pundits, industry players and the ancillary vendors (i.e. law firms) who work on transactions. […]

Little Inflation With A 0% Fed Funds Rate…Is A Hyper-Inflation Scenario On The Horizon? Or Maybe Deflation?

Reading an Op-Ed from the American Enterprise Institute concerning the issues facing the European economy and the tools (or lack thereof) available to the ECB for fighting them, I was reminded of a conversation that I had over the weekend. How I was asked, do you know when it tis time to get out of the […]

Real Estate in New York State and the Impact of Companies Migrating Away!

The Three Wise Monkeys and New York Politicians: See no evil, hear no evil, speak no evil! Summary: The potential migration away from New York by Goldman Sachs Asset Management is yet another example of tax-unfriendly states losing businesses to tax-friendly states like Florida! (Note: For those wondering, the following migration situation out of NYS […]

Conflict of Interest? ‘The Fine Line Between Bank Attorneys and Title Companies’ by Michael Romer, Esq.

Follow Hallmark Abstract Service on social media The Hallmark Abstract Service Approach to New York Title Insurance: To name just two we possess no conflicts of interest (i.e. affiliated business arrangements) and maintain a laser focus on protecting the interests of our real estate purchasing clients! Those two items, among the many other ways we differentiate our […]

A Hallmark Abstract Service Thanksgiving Turkey Story: Epilogue!

On Thanksgiving Hallmark Abstract Service provided a twist on an old riddle, ‘Why did the chicken cross the road?’ A Hallmark Abstract Service Thanksgiving Turkey Story: Epilogue! So Why Did the Turkey Cross the Road? One reason, obviously, was trying to get away from the chef with the knife and fork, actually a bit of […]