If you submit an offer to purchase property using the CIREBA "Offer to Purchase" document, the counterpart signing of the document by the Seller constitutes a valid and legally binding sale contract on the terms set out in that document. A CIREBA ‘offer to purchase’ is the most commonly used form of conveyancing, and allows for the transfer of all types of property from vendor to purchaser without expensive legal fees. The Offer to Purchase also includes a breakdown of what the buyer is expected to pay. Through our Multiple Listing System (MLS) you can search thousands of properties. Choose the appropriate Cayman property and contact your CIREBA realtor for more details. CIREBA has been setting exacting standards for the real estate industry in the Cayman Islands for over 25 years. The vision of several local real estate agents, unified the industry and created a higher standard of practice in the Cayman Islands real estate business. Learn More. CIREBA is committed to donating each month until the end of the year to various charities and service organisations in the Cayman Islands. Pick Diamond Properties as your CIREBA Agent! Carefully analyze each step using the "Custom" or "Advanced" settings and decline offers to download/install third party software. CIREBA has launched a donations program "Home is Where the Heart is" to provide funding to support those most in need within the Cayman Community. The Cayman Islands Largest Real Estate Portal with CaymanPropertyMLS.com you can search the widest selection of properties for sale in the Cayman Islands through our network of member companies. When an offer to purchase a property is made in the Cayman Islands it is always done in written form and most commonly using the standard CIREBA Offer to Purchase document. Your Sales Specialist will present your mortgage lender with a copy of the Offer to Purchase. Whether you are using an Offer to Purchase in the form used by the Cayman Islands Real Estate Brokers Association (CIREBA) or a formal sale and purchase agreement, it is advisable before committing to the purchase of the property to take the following actions: • Air conditioning services – find out whether the seller has had the air conditioning units regularly serviced and obtain a report on their condition and … This Offer to Purchase shall ensure to the benefit of and be binding upon the heirs, executors, administrators, successors … This means our agents can research a wide range of properties available as well as details like strata fees, days on the market and past sales prices – powerful information when negotiating a purchase. Access over 241 member agents. Offer and closing Your Sales Specialist will help to write out your CIREBA Offer to Purchase document. As inventories rapidly shrink THE ALEXANDER HOTEL Cayman Brac West, Cayman Brac US$3,... 600,000 - MLS 412487 Listed by Williams2 Cayman Islands Real Estate REMARKABLE OPPORTUNITY to purchase a beautiful boutique hotel on the idyllic island of Cayman Brac. The offer to purchase will typically require payment of a deposit of 10% of the agreed sale price, which is often held in escrow and as stakeholder by the seller's realtor or the seller's attorney. First Female CIREBA President. Working with a CIREBA agent gives you peace of mind about the integrity of the purchase process. Find an … Choose which of CIREBA's dedicated property professionals can help you best. They have objective stats about each property, data that should be shared with you so you can decide how to move forward with listing your home or placing a purchase offer. Mr. Kel Thompson, one of the Board of Director members and their President Mr. James Bovell presented Mrs Pamela Hue with If you submit an offer to purchase property using the CIREBA 'Offer to Purchase' document, the counterpart signing of the document by the Seller constitutes a … Positively priced to sell, one can cycle to Camana Bay, Seven Mile Beach, all the Restaurants and night life Cayman has to offer. This site uses cookies to serve our services. The Cayman Islands Real Estate Brokers Association recently honoured the Late Mr. E Lloyd Hue as one of their 2007 honourees. NEW LISTING! The agents do all the work in securing an Offer to Purchase Agreement and provide all the information necessary for a successful closing. They will also walk you through the CIREBA Offer to Purchase form often used in Cayman property transactions. It’s called an Offer to Purchase. In some cases, this means creating an arm’s length situation so that if there are any concerns they can be handled agent to agent. So if the buyers want to make a written offer on property, who will be tasked with drawing up the purchase agreement, or the contract outlining the … This includes the deposit and when the payments should be made. 97 0 obj <> endobj 122 0 obj <>/Encrypt 98 0 R/Filter/FlateDecode/ID[<06A972DA17B04E7483B6EF9B9F71509B>]/Index[97 70]/Info 96 0 R/Length 109/Prev 143039/Root 99 0 R/Size 167/Type/XRef/W[1 3 1]>>stream Whether you are using an Offer to Purchase in the form used by the Cayman Islands Real Estate Brokers Association (CIREBA) or a formal sale and purchase agreement, it … In 2012 she was elected the first women President of the 25-year-old local MLS Association, and served for 3 years. 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