Financial Digest

The current state of the residential real estate market: To infinity and beyond

To say the last few years have been a time of unrest in the real estate market would be an understatement. With failing banks, plummeting ho...

Developing a "Gold Rated" retirement income plan that is right for you

I teach a two part three hour class on the topic of retirement planning. The class covers all aspects of retirement planning including lifes...

Federal, state and local incentives, "A tool to promote development and finance construction"

In today's uncertain economy and tightening with lenders, developers are in search of methods to finance construction and manage their opera...

Visco joins Saugusbank as VP & residential loan officer

According to Saugusbank president and CEO, Kevin Tierney, Tony Visco has joined the bank as vice president and residential loan officer. Wit...

Its time for change: A story of appreciation, depreciation, cash flow, diversification & tax deferral

If an investor bought an apartment building for $100,000 in 1975 and it is now valued at $1.8 million, the property has appreciated signific...

The "diligence" in due diligence: How the process has evolved in commercial real estate - Part 1

On August 23rd, I was asked by the New England Real Estate Journal for their Professional Services Edition to be published on September 14th...

Taking the judicial system more to the center of battle between the policyholder and the insurer

Two recent court decisions, one by the highest court in Massachusetts and one by the highest court in New York, have put some needed teeth i...

Taking away rights of way - Government cannot take your property and give it to someone else

Suppose you own property next to a right of way such as a private road, alley or footpath - or maybe just a "paper" driveway that is describ...

Clubhouse Capital secures $7.5 million mortgage financing for Indian Pond

On behalf of Indian Pond, Clubhouse Capital secured $7.5 million fixed rate mortgage financing in the 5.2% range, saving the club owner seve...

Whalen joins Direct Finance Corp. as senior reverse mortgage advisor

Peggy Whalen, CSA, has joined Direct Finance Corp. as a senior reverse mortgage advisor. Whalen is a certified senior advisor, and has more...