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 [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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