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Finance
Posted: August 9, 2012
Bridgewater Savings Bank's Charitable Foundation donates $1,000 to Pro-Home, Inc.
Bridgewater Savings Bank’s Charitable Foundation has made a donation of $1,000 to Pro-Home, Inc. Pro-Home, Inc. has been helping thousands of families by offering down payment and closing cost assistance to first-time homebuyers, pre and post foreclosure services, credit and debt counseling, and FDIC-based Money Smart seminars. “We recognize the valuable work Pro-Home does every day for our communities,” said James Lively, Bridgewater Savings president and CEO. “We are happy to do our part in helping families realize the dream of homeownership.” 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.
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Quick Hits
Columns and Thought Leadership
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
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
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.
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.
