Thursday, July 27, 2006

What do the banks think...

about the 7 year roll over plan ? How can they lend to someone who's life on the island is so short lived?
Any bankers out there who care to comment ? How do you Amortize loans and mortgages ? Are they over 7 years ? WOW what are the repayents over that period ? Do you even lend to expats ? Hummm, lets hear some feedback.

Wednesday, July 26, 2006

Welcome

Hello investors, purchasers, vendors and friends,

Welcome to the first blog for the Cayman Islands which focuses on real estate and issues that influences the price or health of the real estate industry in Cayman.

For those of you that are not familiar with a BLOG, look at it as the cheapest place to vent and voice your opinion without paying someone to sit on a couch.

I encourage frank and open dialogue. Use this area to share your opinions and suggestions about immigration laws, e.g. 7 year rollover debate, interest rates and bank control on loans, tourism, over population, hurricanes and safety, expats and influence on real estate prices, Dart and other major developers and the cost or the benefit to the country and any other issue that is just driving you insane.

Don’t hold back, let it out. You can write anything without feeling like you'll be penalized or thrown off the island or lose your work permit and what ever other form of torture you would expect for speaking your mind.
Click on comments below