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 […]
Critical Update March 24, 2020: While virtual closings including virtual notarizations are imminent in New York State, several critical issues still need to be resolved before the bottomline interests of all parties to a transaction are 100% confirmed! These issues include, but are not necessarily limited to, the following: The acceptable and timely acquiring of […]
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 […]
What do some title insurance companies and title closers in New York State have in common with the ostrich? It’s the unwillingness to get bad news, understand and digest its impact and then to do what’s necessary to work within the parameters of those new rules. On December 18, 2017, New York State Department of Financial Services […]
Imagine you’re a football coach and the game plan you drew-up is failing miserably or, at a minimum, just not getting the job done (think New York Jets and Giants)… Or maybe you’re the CEO of a business and, what you thought would be a phenomenal strategic plan, has for any number of reasons just not panned […]
Truth be told if you’re renting a single-family home, an apartment and/or an office for your business in a building owned by someone else, you have little reason to be concerned about the title insurance that covers them! That is of course unless at some point there’s a claim that calls the ownership of […]
… Who have been asked to represent the buyer in a real estate transaction! Imagine that you’re an attorney in New York with a focus and concentration on matters that have NOTHING to do with transactional residential or commercial real estate! Whether it’s trust & estates, matrimonial, bankruptcy or one of the other specialties […]
9 Hidden Costs For Operating An Apartment Building That Can Impact Profitability, AKA The Investors Return On Investment! If an investor is looking at an apartment building to buy, the classic valuation methodology will be Net Operating Income or NOI divided by an assumed capitalization rate for a given neighborhood! This is true whether the […]
Hallmark Abstract Service President Mike Haltman, in his role as fighter and fundraiser with the Long Island Fight for Charity, appears in the newest edition of BoxingScene.com! Approached by Tom Gerbasi, Senior Editor at BoxingScene.com, Michael shared some of his background in the world of boxing and rationale for participating in this years 10th Anniversary […]
Does it matter whether a property foreclosure is being pursued within a judicial state or a non-judicial state? You bet it does! For those who may be unfamiliar with the difference between judicial and non-judicial foreclosures, the short answer has much to do with time. Lots and lots of time. And, as we say in […]
