(Courtesy of CapitIL) Purchasing real estate involves so many different factors that it is often confusing and complicated to navigate alone. The markets in different cities and countries vary so drastically and can be quite tricky to understand—and the Israeli market is certainly no exception.

So, what is the current state of the real estate market in Jerusalem?

Is it a good time to buy?

What does the process of purchasing in Israel look like?

What are the purchase taxes and mortgage rates?

These are the questions that buyers should be asking, and should know the answers clearly before starting the journey of buying their home.

Ben Levene, director of sales and co-founder of CapitIL Real Estate, has taken it upon himself to help all Anglos who are interested in making the move to the Holy Land fully understand every single detail involved in this lengthy process.

Professional partners of Levene and CapitIL Real Estate travel abroad about four to five times during the year to meet with clients and give seminars about the Jerusalem real estate market. During the coronavirus pandemic, CapitIL has adapted to meet clients’ needs by offering virtual tours of properties, as well as holding regular Zoom webinars, so that clients can gain the knowledge they need to feel comfortable purchasing even from abroad.

As the world begins to shift back to “normal,” Levene and his team will be traveling to the United States to once again host these wonderful, informative events—nearly 50 so far!—in person in the Teaneck and Englewood communities.

Levene’s team of six specialists and experts includes a seasoned real estate agent, real estate attorney, mortgage broker, currency transfer specialist, property manager and interior designer. The team will cover every aspect of what the process of purchasing property in Israel entails, with a focus on current conditions and, hopefully, the end of the coronavirus pandemic in Israel.

Topics covered at the panel will include:

The step-by-step process of buying property in Israel;

The current state of the market;

The differences between purchase contracts in Israel and America;

The fees and taxes involved in purchasing property in Israel;

The process of obtaining mortgages in Israel;

How to deal with Israeli banks.

The panel is arranged with the goal of giving all prospective buyers a complete understanding and sense of confidence in approaching the purchase process. We look forward to seeing you there!

To register for the event in Teaneck, please copy and paste this link into your web browser:

https://jerusalem-teaneck.eventbrite.com.

To register for the event in Englewood, please copy and paste this link into your web browser:

https://jerusalem-englewood.eventbrite.com.