Construction Administration Services for Commercial and
We have established and implemented Construction Administration Procedures for many northern New England financial institutions, investors and individuals. These uniform procedures ensure that a construction/development loan is properly evaluated prior to approval and thoroughly monitored during construction to meet the lending guidelines of each institution in compliance with state laws.
Real Estate Opinion of Value for Commercial and Residential Properties
We identify recent comparable sales/leases and develop an income and/or a market approach to value that illustrates the property’s current and potential performance. This provides a quick understanding of an asset’s value when considering a new loan, a renewal or when a periodic update is required. It is a fast and cost-effective alternative for financial institutions, mortgage companies and credit unions.
General Business Consulting
The diverse education, experience and backgrounds of MEG Associates can provide companies with a team of professionals to address numerous business issues on an as needed basis. From former CFO’s and bankers to retail specialists, we can provide solutions to businesses to assist in their success.
An asset’s income and correlated value are subject to extensive fluctuations, often not reflected in the current assessment. Additionally, the proper assessed value can change relative to the income fluctuations of competing properties. We seek tax abatements for investors by illustrating assessment inequities through the investigation of the asset and public records.
We are ready to step into the role of Chief Financial Officer for any business, as well as to take over the daily bookkeeping/accounting functions. This includes Loan Placement, Budget Preparation and many other accounting-related functions.
Professional Services for Financial Institutions
We provide a cost-effective alternative rather than developing an in-house staff for one-time projects or problems. Outsourcing your branch bank developments or assisting in managing and/or disposing of problem loans or distressed properties, lets you focus on your core business strategies. Our knowledge of the market processes provide a shortened time frame for developing a branch or resolving problem loans or assets putting your financial assets to work for you, not against you.
Financial Consulting Services Include