Category: For Buyers

Realtors Association of Jamaica (RAJ) to Introduce Multiple Listing Service to Jamaica »

The Multiple Listing System (MLS) may be familiar to those of you from the USA and Canada, but may be a bit of a mystery to those from elsewhere. The basic idea of the MLS is that all the (RAJ) Member firms have agreed to share their property listings and work together on all MLS [...]

Ashtrom lands $2b NHT contract »

Ashtrom Building Systems Limited, the Israeli construction company in which Jamaica has a minority stake, has landed a $2.1-billion contract from National Housing Trust for a residential real estate project in St Catherine. The contract appears to have hurdled all but one approval – Cabinet sign-off. But the executive branch’s endorsement is expected, however, now [...]

Eco-Friendly Kitchen Design »

Whitter Village Shopping Center, Montego Bay »

Safety Tips For You And You Clients »

Homeownership Made Easier!!! »

NHT introduces new housing initiatives Thursday, September 10, 2009 PAID-UP contributors interested in owning a National Housing Trust (NHT) unit will no longer have to struggle to find a deposit, under one of five new initiatives that the institution rolled out yesterday aimed at making homeownership more affordable. Senior NHT officials, who made the announcement [...]

GORE DEVELOPMENTS CHIEF CALLS ON GOV’T TO DOUBLE NHT LOAN CEILING »

By Julian Richardson Friday, August 28, 2009 Principal and executive chairman of Gore Developments, Phillip Gore, called on Government to double the National Housing Trust (NHT) loan ceiling to $7 million. The NHT currently offers loans of up to $3.5 million at annual interest rates of between two and eight per cent to individuals who [...]

UK MORTGAGE LENDING RISES »

Wednesday, August 12, 2009 LONDON, England Britain’s housing market is slowly stabilising, though activity is still low compared to previous years due to the recession, industry bodies said yesterday. The Council of Mortgage Lenders said gross mortgage lending in the United Kingdom rose by 23 per cent in June compared to the previous month but [...]

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 [...]

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 [...]