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Who Appoints the Valuator When Buying Property with a Mortgage in Jamaica?

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Jamaica Now
May 28, 2024
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At Jamaica Homes, we believe in facilitating seamless transitions and empowering our clients to achieve their property goals, whether they're relocating domestically or internationally. As a global movement, we specialize in the relocation, construction, sale, and lease of both residential and commercial properties. Our team of highly trained, tech-savvy agents is dedicated to providing unparalleled support and guidance, ensuring that house buyers and investors can move into their ideal homes and investment properties with ease. With our unwavering commitment to excellence and client satisfaction, Jamaica Homes is your trusted partner in the journey towards finding your perfect property, wherever it may be.
At Jamaica Homes, we believe in facilitating seamless transitions and empowering our clients to achieve their property goals, whether they’re relocating domestically or internationally. As a global movement, we specialize in the relocation, construction, sale, and lease of both residential and commercial properties. Our team of highly trained, tech-savvy agents is dedicated to providing unparalleled support and guidance, ensuring that house buyers and investors can move into their ideal homes and investment properties with ease. With our unwavering commitment to excellence and client satisfaction, Jamaica Homes is your trusted partner in the journey towards finding your perfect property, wherever it may be.

In Jamaica:

When a buyer is obtaining a mortgage:

  • The buyer typically appoints the valuator, not the bank directly.

  • However, the valuator must be on the bank’s approved list—each lending institution has its own list of registered, qualified valuators.

  • The valuation can be done before or…

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