Knowledge Library

The potential cost of misunderstanding title insurance financing for NYS real estate buyers

by Daniel C. Price in the New York Real Estate Journal

Over the course of a real estate transaction, professionals must eventually speak to their clients about title insurance, a topic rife with misunderstanding and myth. Oftentimes the discussion is brief, and the costs associated with title insurance are perceived as fixed. But since it is one...

The potential cost of misunderstanding title insurance financing

by Daniel C. Price in HousingWire

New York State real estate buyers spent an estimated $817 million on title insurance in 2015 Over the course of a real estate transaction, professionals must eventually speak to their clients about title insurance, a topic rife with misunderstanding and myth. Oftentimes the discussion is brief, and...

Growing Your Business Opportunities by Helping First-time Homebuyers: Part One

Advising first-time homebuyers can be a unique challenge: often time-consuming, but with the potential to build long-term clients. Now there are many resources to save you time and make you a hero to these clients. Read on for specific ideas and guides, in this first...

How long do you need to live in a home for buying (vs. renting) to make sense? You will be surprised.

It’s more expensive now than ever to buy (and rent) property in New York City, but new and surprising analysis shows that owning is worth it in most neighborhoods after a rather short amount of time. StreetEasy has evaluated the tipping point, or the median...

Feds Target Money Laundering in U.S. Real Estate Transactions: New reporting rules in New York and Miami

Those glassy new seven- and eight-figure condos in Manhattan that never have the lights on are probably a dream pied-à-terre but the U.S. Department of Treasury wants to know if any of them may be someone’s ultra luxe storage facility.  Storage for their ill-gotten gains...

Purchase CEMA: A how-to guide to realize tax savings for all parties

A purchase CEMA can create opportunity and significant value for all sides of a transaction—buyers, sellers, lenders and real estate brokers.  While it can take a bit more effort and cooperation from the parties, the incentives and rewards can be large.  It even opens up...