Hello Everyone! I hope this finds you all healthy and well.
The summer is upon us. Vacation is near. Are you taking this time to reflect and consider where you want to live next year? Perhaps there’s an opportunity now for you to invest in real estate in Israel.
However, it’s not easy to do transactions in a foreign country, especially when buying and selling real estate. There are many variables and issues that need to be understood and dealt with.
It’s essential to avoid pitfalls and do your due diligence for Israeli real estate transactions, including knowing what questions to ask:
Who owns the property?
What can be done with the property?
Is the property built according to the code?
How to finance the transaction?
The attached article is part of a series to guide you in decision-making, so you eliminate surprises, reduce risks, and maximize the return on your investment.
This is one of many blogs with information on Israeli real estate on my website here to assist you in understanding the ins and outs of purchasing real estate in Israel. And you can read my book to help you navigate "The Israeli Real Estate Maze."
Our Israel Real Estate Insights newsletter is full of valuable information, including current changes in the market. In the event you’re no longer interested, please unsubscribe here. If you have any questions about real estate in Israel, feel free to contact me at nicole@levinlawoffices.co.il. Have a great summer! Nicole Levin, Adv.
Due Diligence in Israeli Real Estate Transactions: What Buyers Need to Know
What is due diligence in Israeli real estate transactions? What questions does a potential buyer need to ask before entering a real estate transaction? Who is the professional that can answer these questions? Some of these questions need to be asked of the seller, your lawyer, and the authorities, and some you need to ask of yourselves. READ MORE
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