ILAN Israel Real Estate - Find Your Dream Home in Israel

VALUABLE TIPS FOR BUYING A HOME IN ISRAEL

Before you commence your search for a home in Israel, it is advisable to consult with a mortgage advisor as to your borrowing ability and thus purchasing power.
Check with local agents / valuers on current values of property in the area especially deals actually done, as opposed to asking prices.
When looking at any real estate in Israel, stakeout the property & neighbourhood at different times of the day and night.
Never compliment a seller that his "house is beautiful" It could cost you later!!
Don't make your furniture plans in front of the seller - you are sending a message that the price is of no consequence!
Be very careful with whom you discuss any properties in Israel you are looking at.
Check with the your estate agent / building engineer / municipality what new building plans may exist or are being considered that may impact the property.

Ask what fixtures & fittings are included in the sale before negotiating on price
Do not be tempted to sign a Zichron Dvarim unless there are exceptional extenuating circumstances and even then only with approval of a lawyer.
Use the services of a licenced hebrew speaking real estate negotiator to level the playing field.
Visit a recommended Real Estate Lawyer for a hassle-free consultation on the Israeli buying process before you commit to any property.
Bear in mind that property purchases may be in Israeli Shekels with the associated transfer costs.
Currency fluctuations on outstanding payments can significantly alter the price actually paid.
New home sales in Israel incur additional expenses of builders legal fees and being linked to the building index which can add an unknown element to the overall cost.
Building inspections are always recommended and are carried out prior to contract.