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Friday, April 03, 2020

Real Estate

How To: Make Purchase Payments

This article, part of a series of “how to” articles that focus on various aspects of purchasing a home in Israel, will address issues relating to making purchase payments.

First Payment

When buying an existing property in Israel, it is common for the

The Benefits of Lower Mortgage Rates

The world is quickly shifting to address the Covid-19 global epidemic with so many historic events taking place. Everything from schools, businesses, conferences, sporting events, and financial markets are experiencing unprecedented disruptions and adjustments. As of this writing, the stock market has tumbled into a “bear market” –

Beware - Historically Low Mortgage Rates?!

In case you have not been following the news, I would humbly suggest that the # 2 headline item of the week has been the historically low mortgage rates. The 10-year United States Treasury bond, which is a safe-haven for investors during times of market volatility, has broken beneath a psychological benchmark of 1.00%. Not only that, the

Zeevyah Benoff Finds New Home at V&N Realty

Zeevyah Benoff has joined the team at V&N Realty (V and N Group LLC), sharing her talent with the community she has called home for much of her life. A Teaneck resident for the past 30 years, Benoff considers V&N a premier real estate boutique company and a true household name.

“If you

Spring Cleaning for Spring Allergies

(BPT) As days grow longer and new blooms appear, it can only mean one thing: Spring is here and with it comes the task of spring cleaning. For people with allergies, spring cleaning does more than spruce up a home. When done correctly, it removes dust, mold, dander and other allergy triggers so you can feel your best.

Tivuch Shelly, Real Estate in Israel: Based on Trust, Variety and Flexibility

(Courtesy of Tivuch Shelly) When it comes to a major purchase, involving the commitment of a large sum of money, trust is a big factor—trust in both the product one is buying and in the seller. There is generally no more major purchase in a person’s life than a home, often involving a substantial mortgage extending over several

Historically Low Mortgage Rates

As most of you already know by now, the stock market has plummeted and treasuries have dropped to the lowest in history, as of the time of this writing. The trigger has been the concern over the global economic impact of the Coronavirus. In truth, it is extremely premature to know what kind of a financial impact the virus may have, so much

Hot Trends in Kitchen Remodeling

(BPT) Year after year, the most popular home improvement project for American families remains the same: remodeling the kitchen. Today, kitchen makeovers are more ambitious than ever, with homeowners willing to spend larger budgets to upgrade both the aesthetics and the functionality of what is, after all, the most used room in the

Facilitating an Environment of Knowledge

Jeff Bezos, CEO and founder of Amazon and known by most by the label of “richest man in the world,” wrote something in his annual shareholder’s letter that I will never forget. “The very best leaders empower others,” said Bezos. That message has resonated with me for many years as I built my business on this exact foundation. I

Approved Funding to Hold ‘Success Summit’ on Wednesday

Approved Funding Corp., a multi-state mortgage lending business, is eagerly gearing up for its “Success Summit” event, planned for this Wednesday, Feb. 26. Featuring guest speakers David Stanton, Laibel Schwartz and Michael Sweetney among others, the event will cover real estate and business topics such as growing a

Gedaliah Borvick of ‘My Israel Home’ to Introduce New Project

When Gedaliah Borvick and wife Fayge made aliyah in 2003 from Bergenfield, with five children in tow, they were joining family from both sides and many friends from Bergenfield and Teaneck. Their destination was Beit Shemesh, where they still reside, now blessed with seven children and three grandchildren.Their sons served in the

Understanding the Building Construction Index

When buying a property in Israel and determining your budget, there will be additional costs above the purchase price to keep in mind, such as the acquisition tax, lawyers’ and brokers’ fees and other sundry items. When buying an apartment under construction, also known as buying “on paper” or “off plan,” an important