Archive for July, 2009

GOV’T BRINGS FORWARD REAL ESTATE TAX CUTS TO AUGUST 1 »

BY Alicia Dunkley Observer staff reporter dunkleya@jamaicaobserver.com
The Government yesterday made another attempt to stimulate Jamaica’s flagging real estate market by moving the original January 1, 2010 implementation date for the further reduction in stamp duty and transfer tax fees to August 1 this year.

In May of 2008, the administration announced that Stamp Duty would be [...]

Smart Real Estate Investing »

With Cherryl Hanson-Simpson
Thursday, July 09, 2009
In challenging times there are always tremendous opportunities for smart investors to make profit. Despite the fact that we are in the middle of a reported recession, there are several ways to earn good returns from investing in Jamaica.
Right now, money market instruments are yielding attractive interest rates; government global [...]

Strata debt sinks property values – NHT wants strata czar »

Avalon Court sits on a strip lined with expensive real estate, shared by commercial and residential investors alike.
But Avalon is distinguished, to the chagrin of the people who manage the strata corporation, by its obvious deterioration and lack of proper maintenance, on the same street that is home to the historic Devon House and many [...]

Short on credit, HAJ turns to NHT for project financing »

Faced with a tight credit market, the Housing Agency of Jamaica (HAJ) has turned to National Housing Trust to pony up 80 per cent of the financing for two new developments to be executed this year, under a deal that is worth about $640 million based on the estimated $800 million price tag on the [...]

Top 10 Tips for Real Estate Agents Using Twitter »

February 1, 2009 by Emma Sorensen
Social media is here to stay and everyone’s using Twitter. But if you’re worried about how to best use it, here are propertyadguru.com’s Top 10 Tips for Real Estate Agents Using Twitter:

1. Understand what Twitter is and plan before you tweet. Twitter is about posting short updates of less than [...]