Buying and Renting - Nefesh B'Nefesh

Renting an Apartment in Israel

Baruch Mackler — Mon, 26 Jul 2021 11:11:16 +0000

Guest contributor: Russell D. Mayer, Adv. When you consider establishing your foothold in Israel, you will likely be confronted with the some of the following issues to consider regarding real estate: (a) whether to purchase or rent, (b) the location of the property you would consider, (c) whether to acquire an interest for investment [...]

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Aliyah: When to Take Out a Mortgage?

Baruch Mackler — Mon, 26 Jul 2021 10:55:29 +0000

If you are planning on making Aliyah and buying a home in Israel, it is important to consider when to take out the mortgage – either before or after making Aliyah. There are advantages and disadvantages to each option, below are a few of the main points to consider: Taking a Mortgage Prior to [...]

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Buying an Apartment on Paper: Protect Your Money

Baruch Mackler — Mon, 26 Jul 2021 10:47:09 +0000

Purchasing new construction in Israel is a complex transaction, both legally and financially. Often, when entering into the new construction agreement, completion is two to three years away and you are buying a home, off blueprints and technical specifications. The Israeli law of sale is designed to keep your money safe, if the contractor goes bankrupt or doesn’t complete the project.

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VIDEO: Buying a Home in Israel: Where Does it Begin and Where Does it End?

Baruch Mackler — Mon, 26 Jul 2021 10:33:25 +0000

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Mortgage Benefits in Israel

Baruch Mackler — Mon, 26 Jul 2021 10:23:33 +0000

Israel’s Ministry of Construction and Housing oversees a mortgage benefit program that assists new Olim in funding the purchase of a home in Israel. This is part of an Israeli government benefits program which is commonly referred to as the Zakaut mortgage benefit.

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Living on a Kibbutz

Baruch Mackler — Mon, 26 Jul 2021 10:14:26 +0000

The information below will help you research the options for living on a Kibbutz. You will also need to ask each Kibbutz about the schools in the area, to see if it answers your needs and if the schools are able to absorb your children as far as services go. Start with the Dept. [...]

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Getting a Mortgage In Israel vs. the US

Baruch Mackler — Mon, 26 Jul 2021 10:12:22 +0000

Guest Contributor: Moshe Wilshinsky What to Expect While home financing in Israel carries some similarities with the US, there are a number of important differences you should be aware of when getting a mortgage in Israel. Here are five tips from a Mortgage industry veteran with a quarter century of experience who has worked [...]

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Garin Communities

Baruch Mackler — Mon, 26 Jul 2021 10:11:58 +0000

The term Garin, meaning “a seed,” is used to refer to a group of individuals and/or families who are trying to effect social change -- and in some cases, religious change -- in underdeveloped or troubled neighborhoods. Their goal is to strengthen and enrich these communities. The members of the Garin make their home [...]

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Glossary of Israeli Real Estate Terms

Baruch Mackler — Mon, 26 Jul 2021 10:11:20 +0000

Thank you very much to Eiferman Properties Ltd. for preparing this article. You can reach Eiferman Properties at 02-651-4030 or www.eifermanrealty.com. Adrichal – architect Ambatia – bathroom, which may or may not include a toilet Areivut Banka’it – bank guarantee. In new construction, the developer must protect the purchaser’s payments by providing a bank guarantee. The buyer [...]

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When Do I Really Own My Home

Baruch Mackler — Mon, 26 Jul 2021 10:11:02 +0000

Guest Contributor: Elana H. Billig, Adv. People who have gone through a real estate transaction are generally overjoyed to finally get their keys and settle into their new home. Freely hanging pictures anywhere and everywhere in one's own home without a landlord's input has been described as blissful. However, simply because you have the [...]

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