CHECKLIST
Buying an Apartment in Israel - Checklist
Before Searching
- Check mortgage capacity (bank/advisor)
- Get pre-approval for mortgage
- Set maximum budget
- Define preferred area
- Choose real estate lawyer
Search and Inspection
- Visit apartments (at least 5-10)
- Visit at different times (morning + evening)
- Check neighbors and area
- Check construction plans nearby
- Home inspection (engineer/appraiser)
- Check Tabu registry
Negotiation and Contract
- Make an offer
- Negotiate price
- Have lawyer review contract
- Sign contract
- Pay deposit (10%-20%)
- Report to Tax Authority (within 30 days)
Mortgage
- Compare offers from 3+ banks
- Choose mortgage tracks
- Submit documents to bank
- Property appraisal
- Sign mortgage
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