Monitors and Mortgages
More often than not, “simple” choices aren’t as simple as they seem. Having opened up our second location on King George St., one of the busiest streets in Jerusalem, we felt it would be a good idea to install flat... (continue reading)
A Broker’s View of the Market – February 2012
We've all seen the number of headlines, sometimes conflicting, regarding the Israeli property market over the past few years. At times, it's cited as one of the world's hottest markets, yet with prices rising over 67% since May 2007, and... (continue reading)
“Mr. Fischer: Let the people refinance”
An economic slowdown in Israel has prompted the Bank of Israel to lower interest rates three times in the last 6 months in an attempt to stimulate the flagging economy. However, the Bank of Israel has clearly stated that the... (continue reading)
Put your trust in property – but put your property in trust
The (slightly misquoted) saying of Oliver Wendell Holmes in the headline precisely reflects the opportunity afforded to foreigners who are buying properties in Israel, which is due to the mini-reform of the trust legislation in this country. But what is a... (continue reading)
Israel Mortgage Rate Update
For those borrowers looking for US Dollar based loans, LIBOR loans are now available for foreigners as low as LIBOR+1.8% on the ENTIRE loan amount. Being able to take the entirety of the loan in a variable rate represents a... (continue reading)
“Horror Chart”
The “horror chart” of a married man and father of four which outlines basic family expenses of more than 26,000 NIS monthly and exemplifies how even Israeli earners in the top 10 percentile are deteriorating into overdraft and financial trouble. The... (continue reading)
Say “NO” to a Zichron Dvarim
Imagine it is the last day of your short trip to Israel. Finally, you see that dream apartment you were looking for; perhaps a penthouse with a view of the sea. It might even have a winding staircase and a... (continue reading)
Can’t find an apartment? How about a tent?
When I moved to Israel in 1995, many of my friends asked me if we would get around by car or by camel, if we would have bathrooms or outhouses and if we would live in a house or in... (continue reading)
