Category: For Sellers

LAMP programme to have major economic impact on the housing sector »

ONE of the largest international land surveying companies, the Korea Cadastral Survey Corporation (KCSC), has signed an agreement with Geoland Title Limited, a Jamaican land management company, for the rapid expansion of the Land Administration and Management Programme (LAMP). The Korean entity which is recognised worldwide for having the best practices in land surveying and [...]

Strata changes will make way for timeshare tourism, says JHTA head »

Monday Exchange BY JULIAN RICHARDSON Assistant Business Co-ordinator richardsonj@jamaicaobserver.com Wednesday, July 07, 2010 Jamaica Hotel and Tourist Association (JHTA) President Wayne Cummings says the move by Government to tighten the supervision of strata properties will help facilitate Jamaica’s transition into the timeshare market. The Registration (Strata Titles) (Amendment) Regulations, approved in the House of Representatives [...]

IS IT TIME TO BE LOOKING AT REAL ESTATE? »

Experts talk realty at Mayberry forum Sunday, April 04, 2010 Every good decision is made with wise advise, and as the global recession shows signs of easing, one of the questions on the lips of the prudent investor is “should I consider real estate going forward?” That is where wise advise can come in very [...]

House Passes (Strata Titles) Amendment Act »

KINGSTON (JIS): Wednesday, December 16, 2009 Prime Minister the Hon. Bruce Golding The House of Representatives yesterday (December 15) passed the Registration (Strata Titles) Amendment Act with the 29 changes made by the Senate. Prime Minister, the Hon. Bruce Golding, noted that the majority of the amendments involved the insertion of or changes to words, [...]

2009 NAR Public Awareness Campaign »

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 [...]

Eco-Friendly Kitchen Design »

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 [...]

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 [...]

Shopping for mortgages »

Published: Sunday | May 31, 2009 Avia Collinder, Business Reporter It may not be the best of times to be shopping for a home in Jamaica. In general, it is more difficult to qualify for a mortgage now, as lenders attempt to deal with increasing loan defaults, clamping down on new credit in the process. [...]