How to buy a house in Jamaica | With or without NHT

[@KaylaKKeane]

Follow me on Instagram instagram.com/kayla.k.keane?igshid=YmMyMTA2M2Y=

[@norma5744]

Hi Kayla what's your # I am interested in the will

[@norma5744]

Can you please send me the information and # about the Will

[@antonesecampbell2817]

Home owner (sending out in the universe)

[@bgentsja6762]

Trust me. This is God sent. Very informative content for however seeking to buy a property in Jamaica. Good stuff 🙏🏽

[@KaylaKKeane]

B Gents Ja Thanks for watching & providing this encouraging feedback.

[@timoyobrien7142]

Very informative I like the way the information flowed. Always great to learn new things keep up the good work.

[@KaylaKKeane]

timoy obrien Thanks for watching as always.

[@rosetreleven9966]

This is so plain u let me understand so clearly those steps are the right protocol , just to be on the safe side people follow this educater and u will owe your home bless up K , u r doing an excellent job God bless u forever

[@KaylaKKeane]

Rose Treleven Thanks you for always watching & leaving a comment.

[@Buckley2023]

Thank you for sharing such valuable information.

[@KaylaKKeane]

Buckley LLB You are beyond welcome.

[@KaylaKKeane]

Hello future Millionaires & welcome back to my channel. I'm Kayla K Keane from Financial Literary here to bring another in the series of ’ Conversations about money’. In the video, I will be speaking with Realtor Associate, Joneal Crawford, about how to buy a house in Jamaica. Enjoy the video, like it, comment & subscribe.

[@sabrinalevasseur2991]

Hello thank you for this informative session. As a Jamaican living overseas looking for a way to buy back home. I would love to know how to save money in Jamaica not having access to a bank account back home..

[@KaylaKKeane]

Sabrina Levasseur Hello I will check and share the information with you on Monday.

[@sabrinalevasseur2991]

@@KaylaKKeane I would really love that thank you so much

[@KaylaKKeane]

Sabrina Levasseur You are welcome

[@nursetmarie]

Kayla.K. Keane Great information. Thanks for sharing.

[@damionrobinson50]

Really nice hearing from real knowledgeable and beautiful black women keep up da gud work blessed love

[@KaylaKKeane]

Thanks King!

[@adriennejames5587]

This was an outstanding program. I am somewhat nervous about it which is why I’m willing to rent until my nerves settle down.

[@juzcaaz3566]

Great interviewer and awesome and knowledgeable interviewee.

[@KaylaKKeane]

Juz Caaz Thanks you dear & thanks for subscribing.

[@courtleerodrigues4397]

I love this!!! Awesome awesome awesome! 👏🏾

[@KaylaKKeane]

Courtlee Rodrigues I'm glad you like the content & thanks for the constant support.

[@rovelmorris7203]

The advocacy is good. As sustainable development is key. I will pretend to not be from Jamaica, that being I would have wanted to see examples of other sustainable Rural communites seeing the one for Guys Hill is a concept. Eg Cranbrook Flower Forest/Shaw Park Gardens etc 😊. All the best at MU.

[@yanicali1]

This was a great video. Thanks for the knowledge.

[@KaylaKKeane]

Yanique Wall Thanks for watching and providing feedback. I appreciate it.

[@donnabrown7241]

This video is very timely, informative and educational. I love your channel Kayla! Keep up the good job.

[@KaylaKKeane]

Donna Brown Thank you 🙇

[@zoeelliott9448]

The info is very good to know how but some people really want to live in Jamaica like me after many years abroad it is a beautiful country especially the countryside it is a dream for many people who does not own a home to have one in Jamaica but c get a home in Jamaica and then what u can’t sleep in it because every noise u hear u jump up out of your sleep SAFETY is a big issue in Jamaica

[@jellisawilliams3773]

Don't have property money but I am still watching cause I know God will make a way. We have to start somewhere.😅

[@KaylaKKeane]

That's the spirit

[@Nathanael_Grant]

​@@KaylaKKeane😂👏✨

[@richardreid835]

Yes yes another box office it, I love this one very informative.

[@KaylaKKeane]

Richard Reid I’m elated that you feel that way. Keep watching on a weekly basis. I have lots more in store for my ‘future millionaires’.

[@normaharvey4392]

Yes it is best to use a lawyer yes money might not be legal such as money laundering, yes is the house legal and not own by someone else all paperwork are sign and dotted properly.

[@fluent_In_finance]

Great video. Thank you for the info. I thought when you contribute to the NHT that would be the deposit you're saving up, from what I'm learning it seems like they just put what u contribute towards the loan & u still have to save that 3 or 10% for deposit. 2nd it seems like a realtor acts as a dual agent in RE transactions between the buyer and seller, & in that case I think the realtor is more likely to get the best deal for the seller even though he/she is also representing the buyer. If the seller and the buyer both have an attorney then a realtor isn't necessary it seems. Lastly, is private treaty different from a regular sale ? and what is the process of a foreclosure? How long does it take to close?

[@Erringtonwalters1]

Dont give up keep putting out content no matter what it is…. KZbin will reward you

[@KaylaKKeane]

Thank you!

[@hopemurray8461]

Hi you didn't talk about co-sign when buying a property in Jamaica. Will they accept a person have a co-signer. When calculating income, do they used gross income (before taxes) or net income (afterTaxes) What % of the sale price is closing. I'm not sure if you give all this info in previous videos, this is my first time watching your video. I dont know much about purchasing property in Jamaica so this is why I'm asking.

[@KaylaKKeane]

Hello I'm entirely sure. I will do a other real estate soon, I will answer the question then.

[@lanib3794]

This is great information. I’m curious, as someone who moved to the USA at a very young age (6yrs) but wants to buy property can I still benefit from the NHT without having a NIS but holds a TRN?

[@KaylaKKeane]

You can start benefiting if you start contributing.

[@KevinTheFoodExplora]

Kayla has a great radio voice

[@KaylaKKeane]

FooD ExPlora You are so kind. Thank you.

[@Dee-yq4yq]

When buying a property overseas with cash what is the best and safest way to transfer the money?

[@KaylaKKeane]

Pay the money to your attorney, who will handle payment on your behalf.

[@donnajacksunn489]

Thanks for sharing, I needed this information

[@KaylaKKeane]

Glad I could help

[@bassant1234]

very useful information, thank you Kayla

[@KaylaKKeane]

You are most welcome hun.

[@donnabrown8993]

Your content is very insightful.

[@KaylaKKeane]

Donna Brown Thank you 🙇

[@fypacademy]

Thanks,really informative.

[@KaylaKKeane]

Thanks for watching!

[@terryannunique1026]

Much appreciated....thx for sharing this information

[@KaylaKKeane]

Terryann Unique You are welcome. Please share the video with other who might need the information.

[@terryannunique1026]

@@KaylaKKeane Most definitely 👍 👍

[@Jahwarrior91]

I really like this video and your channel overall. Great topics covered. My only recommendation would be to explore other audio/mic options as it could be clearer. Keep up the good work

[@KaylaKKeane]

Thank you and thanks for the advice. I got audio equipment recently.

[@Jahwarrior91]

@@KaylaKKeane Ok great stuff. 👌

[@susanjohnson8056]

Beautiful accents.

[@KaylaKKeane]

Thank you

[@pamelamonroe3518]

To by a house in is one the hardest. I was trying for three years never get no were. Jn is the worst bank.they give you the run .just try different banks. I was so tired of them.So used my funds to buy the property.

[@KaylaKKeane]

Keep trying

[@kennyblack1998]

I'm a Jamaican living in Canada... how can I buy a house in Jamaica?

[@devonbrown5956]

How can I buy a house in Jamaica through the NHT

[@carlenadouse9786]

Home owner( speaking it into existence in the Universe)

[@KaylaKKeane]

Amen! It worked for me

[@joanfrancis-parks3612]

Thank you guys I'll deeply take this in consideration very good info

[@KaylaKKeane]

You are welcome.

[@shellyannhall4275]

Thanks much cause I am self employed and I need a home

[@sharonhuie4824]

I am interested in buy something

[@andreabrown3180]

Can your lawyer purchase a house for you if you're buying cash. Can you move into your house immediately after purchasing

[@KaylaKKeane]

Yes your lawyer can, and you can move in once tenants are not occupying the premises and the keys have been handed over

[@andreabrown3180]

Ok thank you

[@sharonhuie4824]

I am interested in talking to someone regarding a cheap home

[@lisettwallace9823]

I am interested

[@dennislloyd8131]

For someone oversees, please have your cash or be prepare for the loan process to take months, banks in Jamaica are the slowest I've ever seen, it took me 8 days to find a house, like it, make an offer, offer accepted, get a mortgage, real estate lawyer do the paper work, I move in,, it is impossible for this to happen in Jamaica when getting a mortgage Do a cash purchase and maybe it can be done in 2 to 3 months

[@KaylaKKeane]

Thanks for the feedback

[@milanrobins2418]

Home owner (but I’m actually not a home owner though lol)

[@KaylaKKeane]

Milan Robins 😂 I see you watched to the end.

[@rochellewilliams184]

This is very informative

[@KaylaKKeane]

Thanks

[@seanfrancis2757]

Do you have a checklist that goes with this video for purchasing a home in Jamaica?

[@KaylaKKeane]

1. Figure out your budget 2. Source a Conveyancing attorney 3. Shop around for a compatible mortgager 4. Watch my live streams on Sundays where I breakdown the process for you.

[@jadahoward6669]

@@KaylaKKeane thank you for this 😊

[@KaylaKKeane]

@@jadahoward6669 You are most welcome

[@Nathanael_Grant]

Thank you for this video, also something unrelated, you have an interesting name😅 your initials though😅 (Homeowner)

[@KaylaKKeane]

@@Nathanael_Grant You are welcome. Thanks for watch.

[@chavouidavidson3338]

I will be a home owner by 24 , manifestingg

[@KaylaKKeane]

I agree with you!

[@jaunbonaysmith]

U go girl! 🙏🏻🙏🏻🙏🏻🙌🤗

[@KaylaKKeane]

Social media pages Instagram: instagram.com/kayla.k.keane/ Twitter: twitter.com/kaylakeane5?lang=en PR mailing address: P.O. Box 80, Kingston 2, Jamaica, West Indies

[@devine_inspirations]

I would like to know what is your intake when it comes down to buying with the NHt or through the bank which one is better

[@KaylaKKeane]

@@devine_inspirations A combination of both is better. The interest on the NHT loan is cheaper than that of the bank but that alone cannot buy a house. So it’s best to combine the amount.

[@devine_inspirations]

Thanks some one once told me that it is better to go with the bank only because the bank will give you a 90% which NhT will not

[@KaylaKKeane]

@@devine_inspirations most banks do joint financing with the NHT

[@sanchelous3770]

Good evening Kayla. I moved here 20yrs ago but while I was in Jamaica I was working at the Grand Lido resort in Negril and contributing to NHT! Do you think my info is still with the NHT?

[@christollawrence3330]

New Subscriber. Thanks for these heads up 👍👍

[@KaylaKKeane]

Welcome to the family Christol.

[@KaylaKKeane]

I did another video that covers the unknown cost. kzbin.info/www/bejne/n3yZqaJ7bbyLh8U. Thanks for watching and I appreciate the feedback.

[@sassytangel88]

The realtor’s information for Instagram isn’t coming up

[@KaylaKKeane]

She's no longer a realtor

[@nasha4526]

Very informative

[@KaylaKKeane]

Thanks for your feedback and thanks for watching.

[@xlaw6272]

Kayla, great discussion. How different is the process for an expat?

[@KaylaKKeane]

It's pretty much the same. The only difference is that if you wish to access your NHT loan you have to be contributing for at least two years (instead of one).

[@xlaw6272]

@@KaylaKKeane Damn, I don’t even remember my NHT account number...haven’t contributed in over 3 years...thanks for responding...

[@KaylaKKeane]

@@xlaw6272 Take a vacation and fix that 😉

[@xlaw6272]

@@KaylaKKeane As soon as this miserable gyal Corona leggo di endz...

[@KaylaKKeane]

@@xlaw6272 Awesome! 😊

[@chevellecampbell1949]

Very Informative. I appreciated it.

[@KaylaKKeane]

I’m happy you feel that way

[@deanewilliams3230]

Great information I would love to talk to you personally

[@KaylaKKeane]

What's up? Feel free to talk to me via email at [e-mail]

[@iam_his_mbb1415]

Nice. Do I still need a Laywer if Im using NHT???

[@KaylaKKeane]

When you are buying a house from NHT directly (scheme house) you don't need an attorney. This is because NHT has its own in-house lawyers. However, if you are using your benefits to buy from a vendor you will need your own attorney.

[@iam_his_mbb1415]

@@KaylaKKeane ok they dont tell yuh these things ennu lol I appreciate...

[@KaylaKKeane]

iam_HIS_ That's why I'm here to shine the light in the darkness. Lol

[@iam_his_mbb1415]

@@KaylaKKeane lol :)

[@jermainefoster4231]

Thanks for sharing this information

[@KaylaKKeane]

You are most welcome and thanks for watching.

[@robertpowell9658]

Hi am looking a house to buy in Jamaica

[@kimberlyburke6663]

I am a home owner

[@KaylaKKeane]

Yassssss

[@natoywilson3766]

Thank you so much for your information well said

[@KaylaKKeane]

Natoy Wilson, You are most welcome & thanks for watching.

[@styes1]

Nice Channel

[@denisewhitley4625]

Thank you for sharing.

[@KaylaKKeane]

My pleasure!

[@marcelkerr3041]

that was lovely

[@MsTooFine]

This was very informative

[@KaylaKKeane]

Thank you

[@kofitafari7598]

Beautiful

[@KaylaKKeane]

Thank you.

[@thaliakhi9398]

what about self-employed individuals I need more details.

[@KaylaKKeane]

Okay I will make a video for you

[@mmmsunshine5367]

Good information

[@KaylaKKeane]

Thanks for the feedback

[@eileenwatt8283]

I remember the times when there were no mortgages involved in Jamaica. You buy land and build on it. All these transactions fees after the deposits seems high. Why not just charge one fee " closing costs " like other countries.

[@KaylaKKeane]

Eileen Watt Yes, but remember that we can just buy land & build on it. At least we can own land here. You can't do that in the US for example.

[@KaylaKKeane]

Hello Eileen I did a video addressing the hidden or unknown cost when buying a property in Jamaica. Watch it using this link kzbin.info/www/bejne/n3yZqaJ7bbyLh8U

[@chantapressley9797]

@@KaylaKKeane actually you can buy land in the US. You can't buy land in HOA communities, because it's the people in the community who collectively pay for a service of maintenence in their community. You can most definitely purchase actual land acres of it.

[@kevbec7069]

Home owner 😊

[@KaylaKKeane]

Kev Bec I see you are watching.

[@antoinettemccreath6138]

Isn't it the realtor job to make sure that the property they're helping me to buy can be sold??

[@KaylaKKeane]

That’s apart of their job.

[@earthstrong_nat]

Kayla is the down payment on investment property also a standard 10%?

[@KaylaKKeane]

Yes it is

[@earthstrong_nat]

@@KaylaKKeane wow. In the US it's 20%

[@KaylaKKeane]

👍 Yes it is

[@internationalreligiousbeli5135]

Love your show

[@KaylaKKeane]

Thanks you!

[@lincolncampbell3247]

I love In America how could I get a loan in Jamaica

[@KaylaKKeane]

Contact the bank of choice

Homeowner 🎊

[@KaylaKKeane]

Jurneé Thanks for watching.

[@trevorfacey6684]

So true

[@KaylaKKeane]

Indeed

[@illmatic33]

I am selling a house by owner and was shocked that lawyer wanted a percentage of sale price as a part of legal/closing fees. What kind of phucry this? Legal fees are static... Jamaica is not a real place

[@KaylaKKeane]

Yes the attorney gets a portion of the sale price.

[@sophia4christ]

Homeowner in Jesus' Name.

[@KaylaKKeane]

Amen

[@drew4505]

Can you join the NHT while living in the United States and how we go about it????

[@KaylaKKeane]

Yes you can on one of your visits here. (Providing that you were born here or have citizenship).

[@drew4505]

I was born in Jamaica but now I am a U S citizens is it still possible?

[@KaylaKKeane]

@@drew4505 Yes

[@zamaricummings7538]

Thank you for all the information

[@yolandaprince1961]

I am interested in buying property abroad while living in Jamaica. Do you have any information on that?

[@KaylaKKeane]

Youlanda Henry Sure I will cover that in one of my episodes.

[@milanrobins2418]

Kayla.K. Keane have you covered this topic yet? I am also interested in purchasing property overseas but I live in Jamaica and have no idea where to start. Great video btw 👍

[@KaylaKKeane]

Milan Robins Not yet I have my guest lined up though.

[@milanrobins2418]

Kayla.K. Keane okay I’ll be tuned in 👍

[@KaylaKKeane]

Milan Robins Awesome

[@minitubetv]

What if i want to pay a 50% deposit can that work?

[@KaylaKKeane]

Yes

[@mauriceb48]

What are those unknown cost.... that would be good

[@KaylaKKeane]

No problem

[@KaylaKKeane]

Hello Kadian I did a video addressing the hidden or unknown cost when buying a property in Jamaica. Watch it using this link kzbin.info/www/bejne/n3yZqaJ7bbyLh8U

[@tasminfarquharson121]

What you are self employe how i go about it

[@KaylaKKeane]

Pay your NHT contribution for one year straight and then apply for your pre-approval. You should be on your way from there.

[@jaunbonaysmith]

@@KaylaKKeane i recently become a contributor(this month) & i paid the NHT portion for 1st quarter & this june quarter but i didn't pay the (nis & edu tax) is that ok??? Can i pay the nis & edu tax when paying my 3rd quarter in September???

[@KaylaKKeane]

@@jaunbonaysmith Give the NHT a call to confirm tomorrow.

[@jaunbonaysmith]

@@KaylaKKeane ok

[@yashemamiller3]

Homeowner

[@KaylaKKeane]

Definitely! Thanks for watching

[@ms.roxonmccogg7895]

What is NHT?

[@KaylaKKeane]

National Housing Trust

[@timoyobrien7142]

Home owner.

[@KaylaKKeane]

timoy obrien I see you watched the video

[@optonstewart4148]

Thanks

[@KaylaKKeane]

You are welcome

[@danebeexher4399]

Can you make a video on starting an ISP?

[@KaylaKKeane]

Dane Beexher ISP as in Internet Service provider?

[@danebeexher4399]

@@KaylaKKeane yes

[@KaylaKKeane]

Dane Beexher Okay that kind of difficult in light of Jamaica’s telecommunications laws. Remember what happened to ‘Caricel’?

[@danebeexher4399]

@@KaylaKKeane flow and digicel say send them packing and government did it. Other ISP either have to bend the knee or die to either flow or digicel.

[@danebeexher4399]

@@KaylaKKeane flow and digicel say send them packing and government did it. Other ISP either have to bend the knee or die to either flow or digicel.

[@dwaynemarsh6159]

THANKS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[@KaylaKKeane]

You are most welcome

[@shamoyavsbrittany760]

I am a contribute to nht over 22 years how do I apply I have to come in I need a house to buy

[@KaylaKKeane]

Go to the NHT with your TRN, NIS and last preapproval letter.

[@KaylaKKeane]

Step two get a loan re-approval from the bank of your choice.

[@KaylaKKeane]

Step apply for a development once applications opens or buy on the open market.

[@GarthGrant]

soon buy a house in the near future

[@KaylaKKeane]

Proud of you

[@GarthGrant]

@@KaylaKKeane hey am not no where close but am speaking it into being ...am from Jamaica aswell and a small KZbinr too

[@KaylaKKeane]

@@GarthGrant awesome

[@AliciaFrancisLis]

So the NHT contribution needs to be 6 consecutive months, 1 or 2 years? You guys weren't clear on that. Also, why not mention the "other hidden" costs? the point of the video is to teach me how to buy a house in Jamaica right? So why omit info? I'd like to know about those costs.

[@KaylaKKeane]

One year if you are living and working in Jamaica. Two years if you are living aboard.

[@KaylaKKeane]

Additionally cost includes: Stamp Duty A flat fee of $5,000.00. This cost is borne equally by the Vendor and Purchaser. You would pay half Registration Fee 0.5% of purchase price. This cost is borne equally by the Vendor and Purchaser. You would pay 0.25%. Attorney’s fee for preparation of Agreement for Sale. This cost is borne equally by the Vendor and Purchaser The vendor’s Attorney determines the cost for the Agreement for sale; you will know the cost when the Agreement is drafted. The fee is generally $100,000 though. TBA Miscellaneous expenses for letters to the utility companies etc. This cost is borne equally by the Vendor and Purchaser The vendor’s Attorney determines this cost; you will know the cost when the Agreement is drafted. The fee is generally $20,000 though TBA Attorney’s fee to conduct sale 3 -5 % of purchase price. Each party bears their own Attorney’s fee. Valuation Report This is required by the mortgage institution. The cost is borne solely by the purchaser The cost is determined by the appraisers Surveyor’s ID Report This is required by the mortgage institution. The cost is borne solely by the purchaser The cost is determined by the appraisers

[@KaylaKKeane]

I hope I have sufficient answered your question. Feel free to ask more questions & thanks for watching 😊

[@KaylaKKeane]

Hello Alicia I did a video addressing the hidden or unknown cost when buying a property in Jamaica. Watch it using this link kzbin.info/www/bejne/n3yZqaJ7bbyLh8U

[@aliceduhaney8316]

Good evening I'm in the USA I would like to buy a house for my sister in old Harbour st Catherine

[@KaylaKKeane]

That's lovely! How can I assist?

[@courtneypowell9197]

If you live over sea how can you apply for a loan

[@KaylaKKeane]

@@courtneypowell9197 Let your lawyer do the leg work or come home & apply (once you see a property you want to buy).

[@glossbrown7760]

Don't hear anything about SAFETY?

[@KaylaKKeane]

Gloss Brown Thanks for your feedback. Please elaborate that can be another video.

[@glossbrown7760]

@@KaylaKKeane I am talking about the crime all over the country is it safe for people to invest there.

[@KaylaKKeane]

Gloss Brown Okay I can discuss that.

[@ashleymackenze5770]

I would like to buy a house with nht

[@KaylaKKeane]

That's awesome I have lots of video for you.

[@STILLKINGSTON73]

Janille.. the phone number given don't work and also can't find you in Instagram.. wth

[@KaylaKKeane]

Call Ariel Menzie at [phone]. He’s an excellent realtor.

[@lornafacey1732]

too low cannot hear

[@camillemiles4640]

What's up Kayla

[@KaylaKKeane]

Hi Camille

[@camillemiles4640]

Long time, all is well

[@KaylaKKeane]

@@camillemiles4640 Definitely but I'm well!

[@camillemiles4640]

Awesome

[@antoinettemccreath6138]

Why do you have to have a realtor and a lawyer??

[@discernment_daily]

You don’t need a realtor but they are of no cost to you, so you can use them is you wish. But if you know what you want and where then go ahead. Lawyer for me is worth every dollar, they provide expertise and advice that I wouldn’t know on my own

[@KaylaKKeane]

Saffie is correct

[@MOODIE1985]

If you are trying to get a scheme house, do you still need a lawyer ?

[@KaylaKKeane]

Yes you do. Unless it's with the NHT.

[@MOODIE1985]

@@KaylaKKeane so if it's with NHT or HAJ it's not needed or only with NHT?

[@KaylaKKeane]

@@MOODIE1985 NHT

[@delanoworldstar]

She was nervous

[@kingjavanna21]

Home owner

[@judixox9338]

Home owner ( in the name of jesus)