News: Finance

Bridgewater Savings Bank donates $1,000 to Soule Homestead Center

Bridgewater Savings Bank's Charitable Foundation has made a donation of $1,000 to the Soule Homestead Education Center. The Soule Homestead Education Center is a community based nonprofit education center to provide agricultural and environmental educational programs for the benefit of area schools and the general public. Hands on learning opportunities include environmental programs, organic farming activities, traditional crafts, and cultural events. The Soule Homestead Education Center is currently undergoing an Expansion Project that will add additional classroom and function space, kitchen facilities, as well as make all the new facilities fully ADA compliant. The Bridgewater Savings Charitable Foundation was established in 2003. Bridgewater Savings is a full service financial institution offering commercial, consumer and residential loans as well as business and personal banking. Bridgewater Savings operates 8 full-service offices located in Bridgewater, East Bridgewater, Lakeville, Pembroke, Raynham, Taunton, and West Bridgewater. Bridgewater Savings is a member of the Federal Deposit Insurance Corporation (FDIC) and a member of the Depositors Insurance Fund (DIF). Bridgewater Savings is an Equal Housing Lender. Shown (from left) are: Peter Dello Russo, Bridgewater Savings executive vice president and chief operating officer; Courtney Tilton, Bridgewater Savings branch manager; Frank Albani, Jr., Soule Homestead Education Center executive director; Suzanne Blom, Bridgewater Savings Charitable Foundation director; and James C. Lively, Bridgewater Savings president and CEO.
Tags: Finance
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Columns and Thought Leadership
Massachusetts real estate transfers  over $1 million face new tax rules as of November 1st - by Daniel Meyer

Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer

Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Are appraisers on the same page as the assessor? - by Richard Seman

Are appraisers on the same page as the assessor? - by Richard Seman

The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.
The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski

Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property