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.
Lynn, MA The city of Lynn’s purchase of the former Eastern Bank headquarters at 195 Market St. is paying dividends in more ways than one. In issuing an RFP in the spring of 2024, the city was seeking to acquire multi-purpose space,
The news is full of “never before” pronouncements. Never before has there been a pandemic so impactful on real estate. Never before has technology allowed for remote business meetings on such a frequent basis. Never before would people so comfortably work from home as to vacate office buildings, at least on Fridays and Mondays.
I spent the better part of a day this week working with attorneys on estate planning. I am clearly not an attorney, but I have learned much over the years while consulting on real estate, its potential, its future during the life of clients, as well as, shall we say, later.
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
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.