Category: For Sellers

Arrest of Illegal Real Estate Practitioners »

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 [...]

WHOSE FENCE IS IT? »

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 [...]

RBTT Jamaica to enter residential mortgage market – RBC merger to make headway June, finalize 2010 »

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 [...]

Reduction in Real Estate Taxes »

As I watched the Budget Debate from the Small Business Association of Jamaica (SBAJ), it was a sigh of relief when I heard the Minister of Finance, Hon. Audley Shaw, announce that consistent with the direction the GOJ promised before coming in to power, the Transfer Tax will be further reduced to 4% and the [...]

Further Reductions in Stamp Duty/Transfer Tax »

KINGSTON(JIS): Friday, April 24, 2009 The Government is further reducing the rates for Stamp Duty and Transfer Tax this fiscal year, mainly to stimulate a revival in the real estate and construction sectors. Minister of Finance and the Public Service, Hon. Audley Shaw, told the House of Representatives on Tuesday(April 23), that Stamp Duty will [...]

Bargain market for homes? »

Sort of, but not like in the US, say Realtors By Julian Richardson Assistant business co-ordinator richardsonj@jamaicaobserver.com Sunday, April 12, 2009 There are deals to be had in Jamaica’s residential real estate market, but Realtors say they are not as widespread nor as ‘eye-popping’ as in the US, where that country’s real-estate crash has made [...]

Houses stay for sale the longest in South Florida market »

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 [...]

Preventing Foreclosure »

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 [...]

Home Improvement Tips For Those Who Can’t Move »

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 [...]

PROPERTY TAXES AND TRAFFIC TICKETS CAN NOW BE PAID AT PAYMASTER BRANCHES »

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 [...]