Real Estate

What Is Title Insurance and Do I Need It?

What Is Title Insurance and Do I Need It?

In recent articles we have focused on the subject of “caveat emptor,” buyer beware when purchasing a home. This article focuses on another “caveat emptor” issue: title insurance. What is it, who pays for it, and why do I need it? In New York State, Title Insurance is regulated by the Department of Financial Services.   When the...

Take a Tour of Quogue’s Most Coveted Waterfront Estate

Take a Tour of Quogue’s Most Coveted Waterfront Estate

Offered for the first time on the market, this one-of-a-kind waterfront estate located at 40 Ocean Avenue in Quogue is listed with Aimee Fitzpatrick Martin of Saunders & Associates. Set on a 1.24-acre peninsula and offering 270-degree water views spanning from the Quogue Field Club Golf Course to the Quogue Canal, Dune Road and sunsets over the Quogue...

Saunders & Associates Announces Alliance with Fortune International Group in Miami

Saunders & Associates Announces Alliance with Fortune International Group in Miami

Saunders & Associates, the leading real estate brokerage firm in the Hamptons, announced today their new alliance with Miami based real estate brokerage firm, Fortune International Group, to refer clients between their respective markets. Both firms are independently owned and operated, sharing the same core belief: Service is Luxury. Fortune International Group, led by CEO Edgardo Defortuna, has...

Characteristics of the Recent Hamptons Real Estate Market

Characteristics of the Recent Hamptons Real Estate Market

Given the rising inflation and increasing interest rates, it remains to be seen if the bidding wars, cash deals, no mortgage contingencies, and urgency to close have characterized the real estate market in the Hamptons will continue. For instance, while the buyer’s obligation to close may not have been contingent upon financing, many chose to finance the purchase...

East End Real Estate Market is “Flexing”

East End Real Estate Market is “Flexing”

The conversations at many local Memorial Day parties, events and BBQs covered many topics from the weather to real estate. The rule of thumb is never talk religion or politics at social gatherings but know your latest real estate statistics. The east end real estate market is flexing its muscles right now. By definition, flexing means bending. While...

The Need for Affordable Housing in East Hampton

The Need for Affordable Housing in East Hampton

No one denies the need for affordable housing in the Town of East Hampton, and no one knows it better than Tom Ruhle, Director of the Office of Housing and Community Development for the Town of East Hampton and his staff, who have been working assiduously to address it. I spoke with Ruhle on several occasions. He and...

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