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News:
Finance
Posted: February 9, 2011
Steve Dunn 2011
Name: Steve Dunn, R.A., MAA
Title: President, Mass. Board of Real Estate Appraisers
Company: Assessor/appraiser for Plympton, West Bridgewater
Birthplace and year: Boston, 1960
Family: Wife, Anne; children: Sarah, Matthew
College: Northeastern University, Associate degree
First job outside of appraisal: Teller at Baybank
First job in appraisal or allied field: Appraiser, Baybank Mortgage Corporation
What to you do now and what are you planning for the future? As president I deal with legislative issues confronting appraisers; improve educational procedures.
Hobbies: Outdoor activities, camping, watch NASCAR
Favorite movie: "Dances With Wolves," "Wyatt Earp"
Key to success: Work
Persons you admire most (outside of family): Military servicemen and women
If you had to choose another vocation what would it be? Formula One race car driver
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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.
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
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
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.
