News

Here’s how many NYC buildings are vacant

The Real Deal. Written by Konrad Putzier.

s many as 541 properties in the five boroughs may be sitting vacant, according to an analysis of 311 calls over the past 12 months by OneTitle National Guaranty Company. The New York Post reported that many of these buildings are in neighborhoods the Citizens Budget...

More than 500 buildings across NYC are likely vacant

New York Post. Written by Lois Weiss.

A title company has used open data to map more than 500 buildings across NYC that are likely vacant. Daniel Price, founder and CEO of OneTitle National Guaranty Company, analyzed 40,000 calls to NYC’s 311 line over the last six years and matched them with other...

NY Real Estate Attorneys Play Consumer Protection Role in Changing Era

New York Law Journal. Written by Alan Doran.

While the traditional responsibilities of real estate attorneys in New York are well understood, new and evolving consumer protection regulations, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (CFPB) and the new TILA RESPA Integrated Disclosures (TRID) are...

LETTER: AS TITLE INSURANCE OPTIONS EXPAND, PRICES WILL DROP

Albany Times Union. A letter to the editor by Daniel C. Price.

To the Editor: The Times Union and the Department of Financial Services are right to target the worst practices in title insurance ("Editorial: The American Dream Fee," May 4, 2017). We completely agree that title insurers should compete based on who offers the best price and...

Title co. identifies excess insurance costs

Real Estate Finance & Investment. Witten by Sondra Campanelli.

A recent study by OneTitle National Guaranty Company has found that New York City residential and commercial real estate buyers spent $81.2m in excess title insurance costs in 2016, costing the average buyer an extra $1,739 or 24.7%. The study’s findings are based on an analysis...

New York City Real Estate Buyers Spent $81.2 Million in Excess Title Insurance Premiums and Fees in 2016, Per New Study

OneTitle Shows Significance of Savings Through Analysis of 46,699 Transactions Citywide

NEW YORK--(BUSINESS WIRE)--OneTitle National Guaranty Company, Inc. (www.onetitle.com) today released a report showing that in 2016, buyers of New York City real estate – including homebuyers, investors and others – spent an estimated $81.2 million in excess title insurance premiums and fees, costing the average...