By Howard Jr. on Dec 18, 2009 in For Buyers, For Realtors, For Renters, For Sellers, Home Owners, Local Real Estate News | 0 Comments
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, to give greater clarity. [...]
By Howard Jr. on Nov 25, 2009 in For Buyers, For Realtors, For Renters, For Sellers, Foreign Investors, Home Owners, News, Relocation, Returning Residents | 0 Comments
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 [...]
By Howard Jr. on Sep 1, 2009 in Buying Your First Home, For Buyers, For Realtors, For Sellers, Local Real Estate News, Mortgages | 0 Comments
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 meet the repayment [...]
By Howard Jr. on Jul 29, 2009 in Buying Your First Home, For Buyers, For Realtors, For Sellers, Foreign Investors, Home Owners, Local Real Estate News, Returning Residents | 1 Comment
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 [...]
By Howard Jr. on Jun 1, 2009 in Buying Your First Home, For Buyers, For Realtors, For Sellers, Local Real Estate News, Mortgages | 0 Comments
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.
Mortgage rates are [...]
By Howard Jr. on May 14, 2009 in For Buyers, For Realtors, For Sellers, Local Real Estate News | 0 Comments
WARNING!!! – It PAYS to work with a REALTOR!!!
Through a joint operation conducted by both members of the Investigation Department of the Real Estate Board and the Police Flying Squad today May 6, 2009, between 11:a.m. and 3:30 p.m., the following three persons were arrested and charged for various breaches of the Real Estate (Dealers [...]
By Howard Jr. on Apr 29, 2009 in For Buyers, For Realtors, For Sellers, Home Owners, Tips and Advice | 0 Comments
Legal Notes
With Tricia Gaye Watson
Wednesday, April 29, 2009
It is usual for Jamaican landowners to erect perimeter fences; whether for reasons related to privacy or security or to ensure that the boundaries or “property lines” of the land are clearly shown and preserved.
Whilst it is in the best interests of persons to demarcate the boundaries of [...]
By Howard Jr. on Apr 24, 2009 in Buying Your First Home, For Buyers, For Realtors, For Sellers, Mortgages | 0 Comments
Published: Friday | April 24, 2009
Sabrina Gordon, Business Reporter
RBTT Jamaica, the nation’s third-largest bank by assets, is set to enter the residential mortgage market by the end of the calendar year, a service already being offered by sister operations in the wider Caribbean.
But the Minna Israel-led bank enters a market that is dominated by Jamaica [...]
