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Finance
Posted: February 9, 2012
Jerami Marshal 2012
Name: Jerami Marshal
Title: President and chair for Mass. Mortgage Bankers Association
Company: Reliant Mortgage
Location: 120 Cummings Center, Beverly, MA 01915
Birthplace and year: Nashville, TN, 1952
Family: Wife, Roxanne; daughter, Monica
College: UCLA, studied music and business finance
First job outside of finance: Lieutenant for Los Angelos County sheriff's mounted department - search & seizure
First job in finance of allied field: Gibraltar Savings, loan office
What do you do now and what are you planning for the future? I want to address the issue of "what's in it for me?" with regard to membership through a variety of channels, including the offering of scholarships for community college students; refine committees and have less seminars but with more substance that members want. I'm also looking at having a second annual conference on marketing and compliance in April, in addition to the traditional one in the fall.
Hobbies: Golf; I enjoy playing the drums
Favorite book: I'm a mystery novel fan.
Favorite movie: "Arthur"
Key to success: You have to be really good to get to the top and really great to stay there.
If you had to choose another vocation what would it be? A drummer
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Finance
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Quick Hits
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.
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
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.
