Author Topic: Purchasing real estate in Israel -- help / gameplan w. mortgage, logistics, etc!  (Read 2776 times)

Offline Miracle

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2012
  • Posts: 2319
  • Total likes: 2
  • Hat Tips 5
    • View Profile
  • Location: Israel
my sister is buying a house in israel bez"h. is it possible to take out an american mortgage to buy in Israel? anyone have any experience with this? bec the Israeli mortgage rates are crazy! also any other advice? thanx alot!
Indeed the rates are ridiculous! I doubt you'll get a loan in USA to buy in Israel. Also, transferring/exchanging that amount of money to Israel is rough because of the poor exchange rate. 

Offline ranhan429

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Jul 2013
  • Posts: 958
  • Total likes: 2
  • Hat Tips 0
    • View Profile
  • Location: Tel Aviv ya habbibi
I actually ended up purchasing an apartment... I spoke with a lot of people regarding mortgages... The rates are high but you need to shop and haggle.. We were able to lower each of the tracks between 0.7 -2% from our original offer. Theres also a forum in hebrew called tapuz where people post offers they've gotten... GL
כפרות על כפרה