News: Long Island

Advantage Title Agency named the best by The New York Law Journal

Advantage Title Agency was named the best title insurance agency in New York in a readership survey published today by The New York Law Journal. This is the third year that the legal industry publication has ranked vendors, and the first year it has ranked title insurance agencies. "It is extremely gratifying to be named the top title agency in New York, particularly by the readers of such an esteemed newspaper as the New York Law Journal," said Joseph Willen, Advantage Title president. "I have always believed that we're the best title agency in New York and now I have solid evidence to back my claim." Willen said the survey is an endorsement of the firm's reputation for expertise, trust and professionalism. "Clearly our clients appreciate what we bring to the table each and every day," he said. "Our dedicated staff are all committed to ensuring the success of each transaction and consistently go above and beyond for our clients." Moreover, he added, "We thrived through the good times and we survived the very difficult years of the recession. Now, we are looking forward to 2013 and beyond. The New York Law Journal Reader Rankings were compiled by the newspaper's sales and marketing teams based on an online survey of more than 6,800 legal professionals. Only legitimate end users— attorneys, paralegals and legal assistants--were permitted to vote. Readers were notified of the ballot through direct emails and online advertisements linking to the ballot across American Law Media's network of websites. The ballot consisted of 63 categories encompassing the areas of technology, research, accounting, insurance, financial services, litigation support, real estate, education recruiting and staffing. Huntington-based Advantage Title, part of the Advantage Group of affiliated companies, has insured thousands of real estate transactions and noninsured searches and foreclosure certifications for attorneys, developers, and lenders in the tri-state area since 1987. The Advantage Group of affiliated companies includes Advantage Title, Advantage Foreclosure, Advantage Legal, Advantage Settlement, and Mortgage Advantage. Their comprehensive real estate, legal, and related services are backed by 25 years of experience and an unwavering commitment to customer support.
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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.