According to Mutual Bank, a community bank with nine branches throughout southeastern Mass., Alex Rodriguez of Brockton has been named assistant manager in
the bank's Brockton region. He will maintain offices at both the
Brockton West and Whitman branch locations.
Rodriguez recently completed his asssociates degree in general business
at Massasoit Community College and is pursuing a bachelor's degree at
Eastern Nazarene College.
Prior to his current assignment, he served as assistant manager in the Mutual Bank Hanson office.
"Alex is a valued member of the Mutual Bank team," said Glen White, CEO. "We believe local people and their people are best served by
local banks and Alex helps us prove that every day."
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.
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
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
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.
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.