Richard Carter President Maine Chapter Appraisal Institute

Name: Richard Carter Title: President, Maine Chapter of the Appraisal Intitute Company: North Wind Appraisal Company Location: 12 Waterboro Rd., Alfred, ME Birthplace: Brockton, Mass, 1948 Family: Wife, Nancy; Daughter, Selina College: UMass Amherst, BA, History; BD-MS in Health Science First job outside of finance: YMCA program director First job in finance or allied field: Scott's Appraisal Service - staff appraiser What do you do now and what are you planning for the future? Increase programs and services to members; encourage residential appraisers to get their designations; sustain financial visibility; increase membership by 10% Hobbies: Hiking, time on farm improving the property, historical pictures Favorite book: "Team of Rivals" by Doris Kearns Goodwin Favorite movie: "Forrest Gump" Persons you admire most (outside of family): PM Tony Blair Keys to success: Hard work If you had to choose another vocation what would it be? Railroad engineer or botanist.

Tags: Finance Appraisal & Consulting

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Rockland Trust finances acquisition of Indian Pond Country Club for Palma of Kingston, MA

Kingston, MA Rockland Trust financed the acquisition of Indian Pond Country Club (IPCC), a private championship golf club. The buyer, Bobby Palma is a local native and resident of the South

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Washington Trust finances $28.8m const. loan for 104-unit apt. project

AI can write the paragraph. It cannot sign the certification - by Josephine Aberle

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Amper of Capstone Properties sells two-building complex for $4 million

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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.

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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