Mass. Mortgage Lending Industry Summit to be held on September 5th
Leadership throughout the Mass. banking, mortgage banking and mortgage brokering community have met throughout the summer in order to discuss and formulate strategies to address the rising foreclosure and delinquency rates, funding issues, capital accessibility, educational needs and strategic alliances in this ever changing marketplace.
The end result of these dialogues is the presentation of a Mass. Mortgage Bankers and Mass. Bankers Associations' jointly sponsored program entitled the Mass. Mortgage Lending Industry Summit to be held on Friday, September 5th, from 8 a.m. - 3:30 p.m. at the Sheraton in Framingham.
For more information visit www.massbankers.org.
Hyannis, MA MassDevelopment issued $9 million in tax-exempt bonds on behalf of Harbor Health Services Inc. to help the nonprofit public health agency expand its community health center and serve additional patients.
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 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.
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
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.