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2 Additional things that could happen when you don’t pay your property taxes (PT33)

Why lose your investment for non-payment of property taxes?

So, in www.powerliving.com/pt32, we gave you 3 things that could happen when you don’t pay your property taxes. Today, I’ll give you an additional 2

When you don’t pay you, property taxes the government could

  1. Place a caveat (lien) on the property. This will prevent you from selling or using it for any business transactions.
  2. There is also forfeiture of the property—where the government seizes the property and sells it to recover the tax you owe.

Now property is big investment and your property taxes are a fraction of this investment. Be wise.

 

Need more information? Get all the details in our free ebook, How to Buy an Apartment or Condo in Jamaica.

Need help finding your new home or office? Give us a call at +18765139222 or email me at cherine@mypowerliving.com

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What happens when you don’t pay your property taxes? (PT32)

It’s always good to do the right thing, because when you’re on the wrong side of the law there are penalties.

Here are three things that can happen when you don’t pay your property taxes:

They could issue a summons to take to you to court.

They could issue Levy Warrant and seize goods or chattels and auction them and take the money from that to cover your otustanding debt.

The could also issue a Levy warrant to seize money, bonds and securities in order to cover outstanding debts.

Need more information? Get all the details in our free ebook, How to Buy an Apartment or Condo in Jamaica.

Need help finding your new home or office? Give us a call at +18765139222 or email me at cherine@mypowerliving.com

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What does property tax cover in Jamaica? (PT30)

You may be wondering what exactly does property taxes cover in Jamaica?

Now for anyone looking to purchase residential or commercial properties in Jamaica, you will have to pay property taxes. Now you may be wondering, what exactly doe this thing cover?

Property tax helps your local government to maintain services in your community such as the street lights, building and maintaining roads, maintaining parks, building schools, collection and disposal of waste, among other things. This also helps to take care of the administrative services and support to the KSAC.

Need more information? Get all the details in our free ebook, How to Buy an Apartment or Condo in Jamaica.

Need help finding your new home or office? Give us a call at +18765139222 or email me at cherine@mypowerliving.com

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Who is exempted from paying property taxes? (PT 29)

In some special cases property tax exemptions are granted in Jamaica.

If you own a building that is exclusively used for church worship, a church yard, burial ground or a rectory, yes, you could qualify for property tax exemption. Other educational institutions, we’re talking about Hospitals, Charitable organization and cultural organizations that have been approved by the minister and used solely for that purpose.

Need more information? Get all the details in our free ebook, How to Buy an Apartment or Condo in Jamaica.

Need help finding your new home or office? Give us a call at +18765139222 or email me at cherine@mypowerliving.com

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How to increase the resale value of your home (PT27)

Are you looking to increase the resale value of your home?

When selling your home, the aim is always to get top dollar right? I mean no one wants less when they can get more. When getting ready to list your property, there are 2 really important rooms that you should focus on. You may have guessed them; your bathroom and your kitchen.

If you have limited budget just focus on these two rooms because I can guarantee you, done well, they could secure you top dollar.

Remember, your buyers will need to see themselves living in this space. Keep it beautiful, yet very neutral. Avoid loud colors and also avoid eccentric fixtures.

Need more information? Get all the details in our free ebook, How to Buy an Apartment or Condo in Jamaica.

Need help finding your new home or office? Give us a call at +18765139222 or email me at cherine@mypowerliving.com

BEFORE YOU GO

Learn How To Buy An Apartment or Condo in Jamaica

This FREE (and highly resourceful) eBook will give you several tips and strategies to help you buy an apartment or condo.

I do not want to buy an apartment