11182019 HOME BUYERS' GUIDE

H ome Buyers’ Guide The Tribune

Monday, November 18, 2019

The Bahamas Source For Homes, Condos, Apartments, Lots & Rentals

Cave Cay Private Island, Exuma, Bahamas

Mario Carey Realty

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THE TRIBUNE, HOME BUYERS’ GUIDE

www.grahamrealestate.com | Phone: (242) 356-5030 Orchid 1A Albany

2Bd, 2.5Bth | Furnished | Marina Residence | Living Area: 3,911 sq. ft.

$3,850,000

Ref: 25203

#2 Coral Beach Sandyport Marina Village

12 Island Drive-Port N.Providence 3bed 2bath | Single Family Home Living Area: 3,944 sq. ft.

Ref: 23673

4Bd, 4Bth | Canal Front Home

$1,295,000

$1,100,000

Ref: 12204

Love Beach Walk

Beach Lane Sandyport

3Bd, 2.5Bth | Condo

2Bd, 2Bth | Condo | Furnished

Eves on Cable Beach

3Bd, 3.5Bth | Ocean View Condo Living Area: 2,300 sq. ft.

Ref: 20318 price reduced $1,195,000

Elizabeth On Bay

Lot Size: 969 sq. ft. | Unit #2 MLS #32204 Business Opportunity, Commercial Building

Ref: 5103

$4,200 p/m

Lot #22 Sea Beach Addition Lot Size: 7,695 sq. ft. | Multi-Family MLS: 37475

$3,700 p/m

Ref: 10416

Lot 23 Western Shores

South Westridge Lot Size:8,250 sq.ft. | MLS: 35940

Ref: 19166

$2,600 p/m

Gleniston Gardens

Prince Charles Drive | Single-Family Lot Block 29, Lot 5| Size: 10,500 sq. ft

Kisskadee - Tusculum Turn Key

7Bd, 7Bth | West Bay Street Living Area: 9,321 sq. ft. | Ocean View Home

Ref: 10025

$2,595,000

Elizabeth On Bay

Area Size: 1,368 sq. ft. | Unit #7 MLS #33705 Commercial Space

Ref: 20494

$2,400 p/m

Line Bay Lots

Salt Pond, Long Island Lot Size starting at 19,646 sq. ft Electricity and telephone lines are installed

Ref: 23872

Gregory Graham President/Broker

$190,000

Laura Kimble Broker

Ref: 22568 price reduced $155,000

June Russell Broker

Dolly Griffin Sales Agent

Sophia Porras Sales Agent

Ref: 20779

Greg V. Miller Sales Agent

$95,000

Kevin Bastian Sales Agent

Ref: 11596

Delerese Pratt Sales Agent

$140,000

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BEYOND THE LOUSY LOANS

By Mike Lightbourn

you will borrow. And it will cut interest payments significantly.

Yes, it’s true, many lenders have written mortgages that Once you have found a lending institution that offers could only be expected to go into default. However, the best rates and terms, sit down with a loan officer foreclosure is nothing new, and there are various and go over the math with them. reasons why a homeowner might be in trouble.

Educate yourself on the various avenues that are Challenges may include maxing out on government available to reduce the cost of a mortgage. payroll deductions, economic hardship due to job loss, For instance, if you divide the amount due each month bad health or divorce, or even increased cost of living by four and make 52 weekly payments yearly as opposed outpacing income. to twelve monthly payments, you will reduce the Whatever the reason, the best way to avoid foreclosure amount paid over the length of the loan considerably . is to educate yourself and be prepared before making a Another option to cut interest costs is to negotiate home purchase. bi-weekly payments. Of course, these options must be Try to anticipate worst-case scenarios before choosing available in your mortgage agreement. the loan that is right for you.

Try also to negotiate a mortgage that will allow you A buyer is faced with various repayment options, to make extra lump sum payments (when possible) to including the life of the loan. The cost of the loan will reduce the principal amount owed and build equity be significantly less if the buyer opts to pay it off in 15 faster. years as opposed to 30 for example.

Most banks will allow you to make lump sum payments Conversely, the monthly payments will be significantly against the principal amount you owe during the loan higher, making it more difficult for the average buyer to period. meet their payment obligations, increasing the chances This will build equity faster by also reducing the life of defaulting. of the loan, which in turn will reduce the amount of Weigh your options carefully before choosing the type interest you pay. of loan you think you can handle.

Making weekly (or bi-weekly) payments instead of monthly payments is equivalent to making one extra Loan Tips mortgage payment each year and is well worth doing so if your agreement allows it and you can make these Your goal is to use your own money to leverage the extra payments. purchase. If you can, aim to save for a 20% down Digital banking has made it easier than ever to pay on payment. your loan - no more standing in line at the bank.

This may not be easy, but it will reduce the amount

BE PREPARED!

The season officially BEGAN on JUNE 1, 2019, and will END on NOVEMBER 30, 2019

Visit Us: http://www.tribune242.com

Mike Lightbourn is president of Coldwell Banker Lightbourn Realty

TO ADVERTISE CALL: Charles Gaitor 502-2356 or Email:

cgaitor@tribunemedia.net Questions or comments?

Email me at info@cbbahamas.com

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MONDAY, NOVEMBER 18, 2019, PAGE 7

Union Wharf-CAC #505

Westridge Acreage-CAC #1918

An Investment Opportunity in Historic Downtown Nassau. One of the last urban waterfront redevelopment sites in The Bahamas. Union Wharf Redevelopment Site is located on The Harbour in the heart of Downtown Nassau; minutes away from the cruise ship port, and facing The Atlantis Resort. $18,500,000

Located on the eastern end of Westridge, this twelve (12) plus acres of prime lakefront property on a peninsula at Lake Cunningham is a superb location for the development of an exclusive lakefront community.

Winton Estates Home-CAC #1231

Watercolour Cay, Sandyport-CAC #8333

Located on the South side of East Bay Street, approximately 100 yards from McPherson’s Bend and Yamacraw Road is this well constructed 2 storey home. From its 2nd floor it has a breathtaking view of the ocean, and beach access is also within a short distance. $1,000,000

Located in the serene gated community of San- This beautiful, modern 3 bedroom, 2.5 bathroom dyport is this beautiful 3 bedroom 3 bathroom canal- home is located in the serene Indigo gated community, front home. Situated on one of the most prestigious in the Western district of New Providence.

Cays in Sandyport this home is ideal for a small family seeking waterfront living. $875,000 $895,000

Westridge Home-CAC #919

Palatial Estates Home-CAC #55

A beautiful 4 bedroom 3.5 bathroom house located on lot #16 West Place Drive, Westridge a very desirable, high value, well maintained neighbourhood. The house is immediately north of the prestigious Sandyport Development. $1,300,000 $3,500,000

RENTALS

Indigo Home-CAC #1515

A beautiful, spacious two story single family house in gated enclave of Palatial Estates on Paradise Island due East of the scenic Cloisters Gardens. This lovely three bedroom two and a half bathroom house is one of only six (6) houses in this exclusive Enclave. $1,270,000

Golf Course Estates-CAC #596

Nestled in a cozy location on the beach which allows for luxury living and wonderful starts to the day, influenced by breathtaking views of the ocean which one awakens to greet the day.

$509,600

VACANT LAND

Deleport Point Condo-CAC #960- Beautiful, newly renovated Executive 3 bedroom, 3.5 bathroom, 3 floor condo in the gated community of Delaport Point on West Bay Street. $4,000

Marshall Road Acreage-CAC #4375 - 2.07 Acre oceanfront vacant lot, access by the main road with oceanview. $340,000

St. Luke’s Medical Centre-CAC #1118 - St. Luke’s Medical Center on Collin’s Avenue is centrally located, just minutes from Doctors’ Hospital and PMH. There are three (3) Medical Suites available comprised of a Private Office and Examination Room. $3,000

Culberts Hill Lot #14-CAC #142 - This fantastic single family residential lot nestled in the heart of Winton, is a great investment property or perfect for building your family home. $160,000

Suffolks House Unit #11-CAC #112 - Furnished 2 bedroom, 1 bathroom condo located in a partially gated community in Paradise Island. It is fully furnished and equipped with its own washer and dryer, storage space and swimming pool. $2,200

High Point Estates Lot #55-CAC #5511 - This large multi-family lot in High Point Estates is being offered complete with approved plans for a 2 unit townhouse dwelling. $155,000

Leeward Drive-CAC #210 - Lovely 2 bedroom, 1 bathroom unit located in the quiet Leeward Drive neighbourhood. This unit comes fully furnished and with a backup generator, and a nice shared covered backyard patio, perfect for entertaining or just relaxing and taking in the peaceful environment. $2,000

Jacaranda Estates-CAC #314 - Jacaranda is a fairly new gated community, where high end custom built homes and neatly landscaped yards already exist. $138,000

Mackey Street Warehouse-CAC #221 - With just under two thousand square feet, this centrally located warehouse space is perfect for simply storage, and/or a low traffic business. $2,000

Charles Christie President

Cheslie Christie Vice President

Gavin Christie Managing Partner

Elizabeth Mackay Agent

Jessica Thompson Agent

Craig Clarke Agent

Fix Hill Triplex Lot-CAC #985 - Nice 6,078 sq.ft multi-family lot located on a hill.

The subject property has a foundation for a triplex and comes with approved plans. $120,000

Reneika Knowles Agent

Desmond McIntosh Agent

Phillippa Newton Agent

Charlene Gibson Agent

Erin Bethell-Jones Agent

Suzette Darville Agent

sales@cachristie.com | West Bay Street | Tel: 242-326-4800, 242-325-7960 | Fax: 242-326-5684

Chris Adderley Agent

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DEVELOPERS DIRECT COMMERCIAL LAND OFFICE LEASE HOME RENTALS RESIDENTIAL LOTS RESTAURANT SPACE

NEW RESTAURANT SPACE AVAILABLE!

Jolika Buckner, Broker

13 Jacaranda Close Stunning single family home on corner lot with over 125 feet of canal frontage with boat dock and generator. Quality features include bamboo floors, stainless steel appliances and granite countertops. $6,250 per month

NEW LISTING! Now taking applications for new restaurant in the heart of Sandyport Marina Village! 2,100 sq ft with magnificent waterfront views of the Grand Canal. Floor plans and elevations available for serious inquiries.

Please contact us for more information. $7,000 per month

195 Sandyport Drive 3-bed 3.5-bath end-unit townhome with spacious living areas and lots of storage. Modern kitchen features granite counter tops and stainless steel appliances. Fenced-in garden. $4,750 per month

2 Coral Beach Spacious 4-bed 4-bath single family home with own pool, beach, dock and generator. Open plan downstairs with granite countertops, stainless steel appliances, high end ceram ic tile, and bamboo floor wood floor upstairs. Lovely patio area outside is ideal for outside entertaining. $8,000 per month

6 Coral Beach Spacious 4-bed 4-bath open plan single family home with own pool, beach, dock and generator. Quality finishes throughout, including mahogany wood floors in bedrooms, granite countertops, stainless steel appliances, high-end ceramic tile, raised wood cabinetry in the kitchen and raised ceilings and brick driveway. Lovely patio area outside is ideal for outside entertaining. $8,000 per month

www.sandyport.com

Contact: Jolika Buckner, Broker | Work: 327-2425 | Cell: 376-1662 | E-mail: jbuckner@sandyport.com

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THE TRIBUNE, HOME BUYERS’ GUIDE

Advertising Contracts are available.

HUGE SAVINGS! ALSO receive FREE SPOTS on The Tribune’s Website. *Restrictions apply

Call 502-2356 or Email: cgaitor@tribunemedia.net

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Calling All BREA Agents This is the ideal spot to feature your exclusive property listings.

AGENT FEATURES

Call 502-2356 For details

MONDAY, NOVEMBER 18, 2019, PAGE 15

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