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March 29, 2023
Top real estate agent warns to buy now or risk renting forever
With property values continuing to climb, chief executive officer at real estate agency 1 Oak Bahamas, Matt Sweeting, warned that if homeowner hopefuls don't buy now, they may have no choice but to rent forever.
March 23, 2023
Mario Carey: Foreign bank uncertainty drives real estate value
The sudden collapse of two banks in the U.S. followed by jitters over a major European financial institution last week sent shockwaves throughout the business world, sending a clear message about the value of land, says a leading businessman.
March 22, 2023
Minnis tells FNMs: We need to focus on the real problem, the PLP
As he addressed members of the Free National Movement (FNM) during an association meeting in Mount Moriah last night, former Prime Minister Dr. Hubert Minnis said the party should focus on the real problem - the poor governance of the Progressive Liberal Party (PLP).
March 21, 2023
Bowe: Real fiscal reform would stop Dukharan's IMF program push
The Bahamas has not demonstrated it has a concrete plan to right-size its fiscal ship, leading noted Caribbean economist Marla Dukharan to consistently contend this country needs to enter an International Monetary Fund (IMF) debt restructuring program, in order to reduce the risk of defaulting on sovereign debt repayments, Fidelity Bank Chief Executive Officer Gowon Bowe said yesterday.
March 12, 2023
Economic Affairs Min.: No Real Property Tax For Family Islanders
NASSAU, BAHAMAS - Economic Affairs Minister Michael Halkitis taking the time to dispel talks of additional taxes coming for family islanders.
March 10, 2023
"IT WILL NOT HAPPEN": No real property tax on Bahamians in the Family Islands coming
NASSAU, BAHAMAS- Economic Affairs Minister Michael Halkitis sought to dispel concerns that the government plans to impose real property tax on Bahamian owners in the Family Islands, stating that "It will not happen." During his contribution to the mid-year budget debate in the Senate, Halkitis referred to an article in a local newspaper that had [...]
No Real Property Tax for Family Islanders
March 09, 2023
No Real Property Tax for Family Islanders
NASSAU, BAHAMAS - Economic Affairs Minister Michael Halkitis reiterated in the Senate that there will not be any real property tax assessed to Bahamians living in the Family Island.
Members of Davis administration say 'real action' on illegal immigration taking place now
February 23, 2023
Members of Davis administration say 'real action' on illegal immigration taking place now
MEMBERS of the Davis administration defended government's plan to tackle illegal immigration, arguing that "real action" is happening for the first time in a long time.
REAL ESTATE: Preventing inspection delays
January 30, 2011
REAL ESTATE: Preventing inspection delays
By MIKE LIGHTBOURNE
NO MATTER how much you prepare, real estate closings almost always take longer than they should.
Sometimes unbearably longer.
Delays could fall into three major categories: financing, legal delays (sometimes just getting a simple sales contract agreed to) and possibly inspections.
Getting estimates and negotiating repairs can really hold up a transaction, but there are ways...
A protracted wait for a real deal
February 21, 2023
A protracted wait for a real deal
Three months after Lucayan Renewal Holdings (LRH) announced that the deal for the purchase of the Grand Lucayan resort by Electra America Hospitality (EAHL) had collapsed, Grand Bahamians, especially those in the tourism sector, are still waiting to hear some positive news from the government.
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