Is refinancing your mortgage a good idea now? The new Bank of Israel mortgage regulation allows borrowers to take up to 2/3 of their mortgage linked to Prime, which is currently at a historic low rate of 1.6%. Until recently the regulation stated that no more than 1/3 of a
The dollar-shekel rate reached a historic low last week. Most foreigners automatically assume that this will make it more difficult to buy a home in Israel, yet there are several ways to reduce the impact of the exchange rate on a property purchase. Those who buy a new property
Israeli real estate transactions from abroad during the Carona pandemic can be challenging. Government offices are closed in many places and it is difficult to get things done. New international laws restrict the transfer of funds needed to buy and sell real estate. How to navigate these obstructions when buying
Israeli real estate deals v. U.S. real estate deals – what is the difference and why is it important to know? Many people are nervous about entering into real estate transactions in Israel for various reasons. In Israel the real estate transactions are conducted in Hebrew a language they are
