What is the maximum value of an apartment I can buy?

So you’ve started to consider the purchase of an apartment. Congratulations! But how will you know the maximum value of an apartment which is within your means to buy with a mortgage? [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][Too […]

Buying property from the convenience of your home – stage one

The entire process of buying property should start by some good online research. Even if ultimately the actual purchase is carried out with the help of a broker, it is essential to begin analyzing the area online so as not to “go in blind”. The two main property databases in Israel are Yad2 and Madlan. […]

Is buying a house a smart decision?

Many friends and acquaintances have asked me lately whether they should buy an apartment in Israel. The simple answer is NO. But let’s talk about it! (at length…) As a rule, cold hearted economists (like myself) differentiate between two very similar concepts, which are often confused: housing and property ownership. Housing – the right to live […]

DIY mortgage

DIY mortgage refinancing (with some professional help): The bottom line: If you’re mortgage is from 2008 and earlier you can save a significant amount of money Cost – 2,000-3,000 NIS (not including early termination fee). Time investment – 2-3 days of work, mostly in shorter sessions. Total duration: about a month and a half. Important […]