 (1).gif)
News:
Finance
Posted: August 13, 2009
Burns joins Merrimack Mortgage as regional sales mgr. retail division
According to Merrimack Mortgage Company, Inc., David Burns has joined its firm as regional sales manager for the retail sales division. Burns is a member of the company's senior management team and reports directly to CEO Kraig Burnham.
As regional sales manager, Burns will be responsible for developing and expanding Merrimack's Retail Branch network throughout New England. He brings more than 25 years of mortgage lending experience in the New England market to Merrimack Mortgage Co.
Burns joins Merrimack Mortgage Co. following a 17 year career at Wells Fargo Home Mortgage.
At Wells Fargo Burns was vice president, regional sales manager, managing customer relationships throughout New England and Upstate New York. Prior to joining Wells Fargo, Burns was employed by Fleet Mortgage Corp. for 8 years as Area Manager for NH and VT.
Burns received his BA in Economics from Boston College.
He resides in Bedford, NH with his family.
Tags:
Finance
MORE FROM Finance
Funding your project: Available, but expensive, in many ways - by Daniel Calano
How many of you remember real estate development in the late 1980s? Project sourcing was difficult, until it wasn’t. Into the 90’s, a few years after, banks and other financial institutions were very happy to fund projects.
 (1).gif)
Columns and Thought Leadership
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.
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
