If you are in the market for a new property in The Bahamas, hiring a licensed Bahamas appraiser is critical. While it is possible to obtain an appraisal without a license, it is illegal to practice without one. The Bahamas Real Estate Association is fighting to update the 25-year-old real estate legislation, which would result in stiff penalties for anyone caught engaging in illegal activity.
JM Appraisers is a full-service real estate appraisal company with over seventeen years of experience. Their team of certified appraisers conduct appraisals for mortgage financing, insurance replacement cost estimates, and market value assessments. They are members of the Bahamas Real Estate Association and the American Society of Professional Appraisers.
BREA has called on the Davis administration to halt the use of foreign appraisers in the Bahamas, and has asked the government to take action against any foreign real estate agents who attempt to work as a licensed Bahamas appraiser. The BREA has also called on the government to revoke 2022 real property tax bills if foreign realtors are working illegally.
Robin Brownrigg is the Managing Partner of CRE Valuation Services and has a Bachelor of Science in Accounting from Bishop’s University. He is a member of the National Association of Realtors, a member of the Bahamas Real Estate Association, and a Certified Review Appraiser. bahamas appraisers His experience in the Bahamas real estate industry is extensive, and he has completed a variety of appraisals for lending institutions and government departments.
Mike Lightbourn is a long-time Bahamas real estate broker. He has extensive experience with Harbour Island properties. His professional background includes extensive experience in the legal and financial sectors in the Bahamas. He has served as the Vice President of the Bahamas Real Estate Association and the Chairman of the BREA Appraisers Committee. He is also an International Real Estate Institute certified senior certified valuer.
Mary Ann McLaughlin is a licensed Bahamas appraiser and a real estate broker. She is also a member of the Bahamas Real Estate Association. Lorraine Thompson enjoys working with buyers and knows the island well. She will be able to find the perfect home or property for her clients. In addition to Spanish Wells, she also works in Eleuthera and Russell Island.