Category Archives: AREA Articles

$TT3.7B In Suspicious Activity But…No Convictions Yet

Between 2011 and 2015, the Financial Intelligence Unit (FIU) analysed 2,341 Suspicious Activity Reports with a dollar value of approximately TT$3.7 Billion. However, to … More

To Buy or Not To Buy

Many people are asking if this is a good time to invest in Real Estate seeing that Trinidad and Tobago are in a recession. … More

The Relationship Between Demand & Market Value

David Bally B.Sc.(Hons) MRICS MISTT – Submitted: July 3, 2016 The time value of money suggests that it is better to receive money now than … More

TTCSI Excellence in Service Awards

The Association of Real Estate Agents (AREA) is pleased to announce that our Association was the recipient of the Trinidad and Tobago Coalition of … More

Buying a House…Is it still the “Best Investment a Young Couple can make”?

In 2012, the billionaire investor, Warren Buffet, was asked whether he would advise a young investor to put his money in stocks, or use … More

Simple Steps to Help you Purchase your First Real Estate Property

Buying your first property? Then here is a simple step by step approach to guide you on that important purchase. Determine your budget   … More

Basic Real Estate Calculations for those Considering Investing in Real Estate as a Business

When investing in Real Estate as an investment and not as a home, the most important calculations you should know are: Net income:- This … More

Mortgage Refinancing

With all the offers of mortgage refinancing by local mortgage companies, we share some thoughts on the subject and invite subject matter specialists to … More

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The Challenge of Providing Middle Class Housing

The challenge of securing middle class housing where the potential homeowner does not qualify for low income assistance and cannot afford the inflated, unregulated … More

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Handling Deposits

Who should hold them, for how long and when should they be disbursed?  All key questions when it comes to the issue of the … More

Mr. Orville London seeks to clear up “misinformation”

Tobago House of Assembly Chief Secretary, Mr. Orville London seeks to clear up “misinformation”  In the Tobago News of Sunday 10th February 2013 Keino … More

Gazumping

Gazumping is a term that strikes fear into the hearts of homebuyers across the globe, the heartbreak of having your dreams and aspirations snatched … More

Economic Outlook for Real Estate in 2009 and Beyond

The year has opened with the global economy in turmoil and recession a reality for nearly every nation. But what does this mean for … More

Economic Factors Impacting On Real Estate

From inflation rates to closing costs, there are many factors which impact on an individual’s decision, or ability, to purchase real estate in Trinidad … More

Top 10 Tips for Preparing Your House for Sale

De-personalise For a lot of people, selling their home is an understandably emotional topic. But it is imperative sellers distance themselves from their sentimental … More

Choosing a Good Real Estate Agent

Whether buying or selling, choosing the right real estate agent is one of the most important decisions you will make during the conveyancing process. … More

Why own a home

Adapted from a presentation by Leslie J Mohammed Managing Director First Citizens Mortgage and Trust Co. Real estate agents often say that renters only … More

The Trinidad and Tobago Real Estate Market – An Overview

Real estate prices in Trinidad have increased substantially since the recession of the 1980’s. With the opening up of the economy the Trinbagonian entrepreneur … More

AREA – Past, Present and Future

The Association of Real Estate Agents, AREA, was officially launched in 1990. This was finally accomplished after more than 10 years and numerous unsuccessful … More

Foreign Investment Act 1990

The Foreign Investment Act of 1990 allows a foreigner or a foreign company or non-resident to purchase up to one acre of residential land … More

Real estate duties, taxes and fees in Trinidad and Tobago

AREA welcomes the Government’s much needed adjustment to the Stamp Duty regulations. Previously the threshold for exemption from Duty was $450,000 but with the dramatic increase in … More

Real estate purchase – without the hassle

Finding a property that meets your requirements can be quite frustrating. Finding one that meets your requirements, within your price range which also meets … More