News: Finance

Company Profile: Rockport Mortgage

Formed in 1992 to provide full service commercial mortgage banking services, Rockport Mortgage Corporation has built a reputation for reliability, stability and trust - attributes that have solidified the Company's relationships with clients and investors nationwide and give Rockport Mortgage a special place in the industry. We offer a team of mortgage banking professionals with more than 130 years of combined mortgage lending expertise. Our team is structured to put the full measure of its experience into practice on every project, big or small, regardless of its size and scope. Rockport Mortgage Corporation will find creative ways to structure financing for your property. With a diversity of expertise and commitment to personal service rarely found in mortgage banking today, the firm has created a professional style that is uniquely its own. As both an FHA-approved mortgagee and a correspondent to several national lenders, Rockport Mortgage can offer FHA insurance, FNMA, Freddie Mac and institutional and securitized financing.
Tags: Finance
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Columns and Thought Leadership
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
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.
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.