On The House Buyitinisrael

In this episode of "On the House", Debbie is joined by Larry Stern, a CPA with extensive expertise in U.S. and international taxation, to delve into the complex financial and tax aspects of purchasing, owning, selling, and inheriting real estate in Israel as a U.S. citizen*. Larry provides valuable insights on real estate taxes, mortgage interest deductions, rental income tax reporting, and the nuances of the U.S.-Israel double tax treaty.  Larry answers questions about capital gains, estate planning, and inheritance and addresses important issues that many buyers are unaware of, such as exchange rate issues, tax planning for mixed nationality couples,  Foreign Bank Account Reporting (FBAR) when transferring funds for a real estate transaction, and using IRA funds for Israeli-based real estate purchases. 
Larry Stern is a Partner in the U.S. Tax Department at Aboulafia, Avital, Shrensky & Co. For further inquiries, you can reach him at info@aboulafia.co.il.
*Israeli tax implications will be covered by experts in Israeli taxation in a future season of "On The House."
Interested in Buying Property in Israel? Visit Buyitinisrael.com to explore a diverse range of new projects across the country. Stay updated with the latest Israeli real estate market news, access expert advice, and find valuable insights to guide your real estate decisions.
Contact Us: For any inquiries, assistance in finding your home, or to share comments, contact us at info@buyitinisrael.com. We're here to support you on your journey to owning property in Israel.

In this episode of "On The House," Debbie is joined by Dan Eisenberg, Chief Commercial Officer at IsraTransfer, who shares insights on the growing interest in Israeli property, especially among international buyers, and discusses the complexities of transferring money for property purchases. Dan provides an in-depth look at the intricacies of transferring funds for real estate transactions, covering compliance, currency conversion, payment logistics, and the unique challenges foreign buyers face. He offers a step-by-step guide to transferring money, including navigating fees and exchange rates, and explains how clients can maintain control over currency conversion, address security and cyber issues, and manage considerations such as holding funds.
To reach Dan Eisenberg at IsraTransfer, email deisenberg@isratransfer.com.
Are you interested in buying property in Israel? Visit Buyitinisrael.com to explore a diverse range of projects throughout the country. Stay informed with the latest news on the Israeli real estate market, gain access to expert advice, and find valuable insights to help guide your real estate decisions.
For any inquiries, assistance finding your home, or to share comments, contact us at info@buyitinisrael.com. We're here to support you in your journey to owning property in Israel.
 

In this episode, Dani Schecter from First Israel Mortgages joins us to explore the ins and outs of securing a mortgage in Israel. We dive into the complexities of Israeli mortgage regulations, particularly for foreign residents, and break down the factors determining how much you can borrow. Key topics include:
Eligibility Criteria: We discuss how age, income (both active and passive), residency status, and property value influence borrowing limits.
Role of Appraisals and Property Valuations: Learn the importance of property appraisals, purchase price considerations, and strategies to navigate financing hurdles.
Bank Requirements: Understand why Israeli banks prioritize early funding by the buyer and require life insurance policies to mitigate risks.
Mortgages for Foreign Residents and Olim: Discover the unique challenges and requirements for applying for a mortgage from abroad and what special considerations apply to new immigrants (Olim).
Key Mortgage Terms and Processes: We cover essential mortgage jargon, how interest rates are determined, and the typical timeline for securing a mortgage in Israel.
Join us for an in-depth look at the Israeli mortgage landscape and practical advice on navigating the process, whether you’re a local resident, a foreign investor, or a new immigrant.
You can contact Dani Schecter at First Israel Mortgages by email at dschecter@firstisrael.com or by telephone at +972 (0) 54-332-5370.
Are you interested in buying property in Israel? Visit Buyitinisrael.com to explore a diverse range of projects throughout the country. Stay informed with the latest news on the Israeli real estate market, gain access to expert advice, and find valuable insights to help guide your real estate decisions.
For any inquiries, assistance with finding your new home, or to share comments, contact us at info@buyitinisrael.com. We're here to support you in your journey to owning property in Israel.

In this episode of 'On the House, ' we kick off the third season, focusing on the financial aspects of buying a home in Israel. The aim is to equip listeners with comprehensive knowledge to make informed decisions in their property-buying journey. With guest Nadav Ellison, co-founder of Blue & White Finance, Debbie tackles the frequently asked question, 'How much money is needed to buy a home in Israel?' Nadav provides a detailed overview of home prices associated with different regions in Israel and offers key insights, including understanding how to calculate your down payment, additional costs such as purchase tax and legal fees, and strategic mortgage planning. Nadav also discusses the feasibility of owning versus renting property given current market conditions and offers practical steps for financial planning when saving for or investing in Israeli real estate.

Nadav can be reached through the Blue & White Finance website or by WhatsApp on 052-8118925.
Looking to buy property in Israel? Discover a wide range of projects across the country at BuyItInIsrael.com. Stay updated on the Israeli real estate market with the latest market news, expert guidance, and valuable insights to help you navigate your real estate journey.
Have questions, comments, or need assistance finding your home in Israel? Reach out to us at info@buyitinisrael.com. We're here to help!

In the final episode of our season on purchasing new construction in Israel, the focus shifts to taking possession of your new apartment. Host Debbie Goldfischer welcomes Ira Braverman, a registered engineer and certified construction expert, who shares his professional journey from Los Angeles to Israel. Braverman details the crucial steps and considerations for new apartment buyers at the handover stage, including conducting thorough inspections, understanding warranties, and ensuring all contractual obligations are met. The episode covers potential pitfalls, the importance of professional inspections, and practical advice for ensuring a smooth transition into new homeownership.
Ira Braverman can be reached by email at ira.braverman@gmail.com or by WhatsApp at 0547962725 .
Looking to buy property in Israel? Discover a wide range of projects across the country at Buyitinisrael.com. Stay updated on the Israeli real estate market with the latest market news, expert guidance, and valuable insights to help you navigate your real estate journey.
Have questions, comments, or need assistance finding your home in Israel? Reach out to us at info@buyitinisrael.com. We're here to help!
 
 

This episode focuses on the post-purchase process of new construction in Israel, featuring Gabi Hammer, a project manager who specializes in assisting buyers, particularly those abroad. Gabi and Debbie delve into the intricacies of purchasing off-plan and what happens post-purchase, including selecting suppliers, making structural changes, and managing the process. Gabi shares her experience and expertise in coordinating with contractors, ensuring selections are met, and offering property management services. The conversation also touches upon the challenges and solutions for buyers living overseas, the importance of early purchases for customization, and the role of a project manager in making the process less daunting. Gabi emphasizes that buying a home in Israel can be an exciting and enjoyable experience with the right support.
Gabi Hammer can be reached by WhatsApp at +972-508815450.
Looking to buy property in Israel? Discover a wide range of projects across the country at Buyitinisrael.com. Stay updated on the Israeli real estate market with the latest market news, expert guidance, and valuable insights to help you navigate your real estate journey.
Have questions, comments, or need assistance finding your home in Israel? Reach out to us at info@buyitinisrael.com. We're here to help!