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- Dead Lef Cause War: Jamaica’s Inheritance Problem Is Not Going Away
- Holness Urges Jamaicans to Build With Climate Risk in Mind
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Auction
Property auctions offer Jamaican buyers a route to homes, land and commercial property, often including bank repossessions and estate sales, sometimes below typical market prices. Jamaica Homes News covers upcoming and notable auctions, how the auction process works in Jamaica, financing and deposit requirements, due diligence on title and condition, and the risks and opportunities for buyers and sellers.
Doncaster’s Grade II listed 1868 Primitive Methodist Chapel on Balby Road, a stripped shell with permission for 10 flats and a four-storey extension, went to auction in July 2022 with a £136,500-plus guide.
The heritage-listed Sandy Bay Anglican church in Hobart, held by the church for over 150 years, sold at auction for $4.6 million as the Tasmanian diocese sells property to help fund redress for abuse survivors.
Baptist News Global traced how Baptist conventions shed costly camps and conference centres: Glorieta sold for $1, Ridgecrest put up for sale, Norman Park and Blue Springs given away and Jenness Park closed.
St David’s Church in Carmarthen, a Grade II listed building closed after storm damage in 2003 and sold to a developer for £1 around four years earlier, was put back up for auction with a guide price of £50,000-plus.
Imani Baptist Church’s 20-acre Lexington, Kentucky, campus, appraised at $12 million, was sold at a court auction for $10.5 million to its lender, the only bidder, after years of disputes over the church’s loan.
Nearly a fifth of NHT’s mortgage accounts were in arrears, totalling $2 billion. But the Trust’s own timeline shows it typically waits roughly 360 days of non-payment before moving to auction a defaulted home.
Jamaica Homes News brings you the latest Jamaican news, property, business, tourism, development and community stories from across the island. Discover the people, places and developments shaping Jamaica today, with timely news and local insight you can trust.
Your source for the real estate news.
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