Realty Check

Sunday, March 29, 2009, Jamaica Observer
THE National Housing Trust is offering temporary relief for mortgagors who have been laid off from their jobs.
In a release Thursday, the agency said affected persons can apply for short-term suspension of their monthly loan payments for between three and 24 months.
“The total moratorium period does not exceed 12 months [...]

Written by Sun Sentinel
Sunday, 22 March 2009
South Florida remains the toughest market in the nation for selling a house, even as big price declines here are attracting buyers.

The typical house in Palm Beach, Broward and Miami-Dade counties lingers for 193 days, according to a February report released this week by California real estate firms [...]

Published: Wednesday | March 25, 2009
The Disciplinary Committee of the General Legal Council has suspended St Ann-based attorney-at-law R.A (Bill) Salmon.

According to the council, Salmon has been barred from his practice until August 28 when his six-month suspension ends.
The Disciplinary Committee said that after hearing details of a complaint brought against Salmon, it found him [...]

CONDOLENCES TO YOU CARMEN AND YOUR FAMILY – (Carmen is a Realtor)
BY COREY ROBINSON Observer staff reporter robinsonc@jamaicaobserver.com
Wednesday, March 25, 2009
GUNMEN yesterday went on a murder spree in the Corporate Area and St Catherine, killing seven persons in an almost 15-hour span.
Five of the murders, including two double killings, occurred in the St Andrew North [...]

Gareth Manning, Staff Reporter
THOUSANDS OF homeowners are at risk of losing their houses as banks and other mortgage institutions move to foreclose.
But the banks, building societies and other lending institutions have made it clear that they would rather collect than seize the properties which they would have to place on the auction block at a [...]

Published: Sunday | March 22, 2009
Daraine Luton, Staff Reporter
IN AN attempt to free the housing industry from the clutch of a stifling global economic crunch, the Jamaica Mortgage Bank (JMB) has moved to subsidise housing developments that are priced at below $15 million.
Patrick Thelwell, general manager of the JMB, tells The Sunday Gleaner that several [...]

Published: Sunday | March 22, 2009

Dionne Rose, Staff Reporter
THE DOWNTURN in the economy has hit real-estate developers, with some forced to stall projects while others are hurting in the pocket as houses on the market are being sold at a painfully slow pace.

Reynold Scott, president of the Jamaica Developers’ Association, told The Sunday Gleaner that [...]

Shane Reilly, decorati.com,
Paint
Estimated cost: US$500 – US$2,000 per area

Coating an area–even a small space, like an accent wall, door or the molding around a bedroom–can make a room look completely different. “People use paint as a pick-me-up,” says Doty Horn, director of color and design for Benjamin Moore. San Francisco designer Martha Angus concurs that [...]

Steven Jackson
Friday, March 13, 2009
Paymaster now offers payment of property taxes and traffic tickets through its 155-branch network for those who want to avoid the tax office.

MARKS… customers will be charged J$200 for the service
The company launched the service yesterday stating that customers will be charged J$200 for the service. Paymaster charges J$30 for other [...]