Israeli Government approves Real Estate-rescue package
According to an aticle at jpost.com, two Goverment ministries approved a multi-million shekel rescue plan, which will guarantee 10 percent of the credit needed for contractors to build residential housing projects and ease bureaucratic processes for building permits to boost construction and avoid a shortage in apartments. The economic and financial crisis has caused banks to raise equity requirements for contractors in order to get their financing for building apartment projects.
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The Buy Property in Israel Blog is a great resource for English speaking people from around the world who have an interest in buying property in Israel. On this Blog site, you will be able to get educated about the real estate market in Israel, learn about the buying process in Israel and be introduced to an English speaking Real Estate Agent in Israel, who can assist you in your property search in the community of your interest.
Lyle Plocher, the Founder of Buy Property in Israel has established relationships with Real Estate Agents, Attorneys and Mortgage professionals from Eilat in the South to Tiberias in the North. Having sold Real Estate in the US in 4 different states over a 16 + year career, Lyle knows what English speaking people expect when it comes to purchasing property. Lyle is committed to helping you get the kind of service you are accustomed to. Lyle can be reached at lyle@buypropertyinisrael.com.
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