ILAN Israel HomeNet. Network of professional english speaking real estate agents in Israel with access to many properties for rent or sale throughout Israel.
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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.
 
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