My Israel Home RSS Feed My Israel Home's Blog's rss feed. en-en images/rss.gif With All Due Diligence Respect We recently were involved in a very small deal in Jerusalem, and I mean tiny. We sold a 15 square meter (sqm), or approximately 160 square foot, studio in Rechavia for 500,000 NIS, or $130,000. Everything about the unit appeared to be kosher, despite its diminutive size: the building drawings were recorded in the municipality and the unit was registered in TABU (land registry). Accordingly, and against our advice, the purchaser did not apply for a mortgage prior to signing the contract, a... Sun, 26 Feb 2017 18:02:00 +0200 Jerusalem Real Estate: Intrigue and Irony Talbieh is a charming centrally-located, upscale Jerusalem neighborhood. It was originally comprised of large private houses owned by wealthy Christian Arab families, most of whom lived in neighboring countries and spent their vacations in Jerusalem. After the establishment of the State of Israel, many of these architecturally distinctive homes got chopped up into small apartments and were populated by displaced families and immigrant families. By the 1960s, these formerly majestic buildi... Thu, 09 Feb 2017 22:40:00 +0200 Jerusalem’s Streets: Neighborhood Themes Throughout the world, many neighborhoods have groups of streets with names related to a specific theme. For example, growing up in Long Beach, New York, I lived on Walnut Street and my friends lived on Olive, Pine, Maple and Beech. Likewise, before making aliyah, we lived in Bergenfield NJ on Westminster Avenue, and the neighboring streets were Rector, Tudor, Highgate, Thames and Hampton. amp;nbsp;Israelis hilariously pronounce this street Rechov Linc-o-lin. (Photo: Sim... Tue, 17 Jan 2017 16:13:00 +0200 Mitzpe Ramon: Not Just a Resort Town When I mention the name Mitzpe Ramon to most people, the first thought that comes to mind is either the Ramon Crater or the luxurious Beresheet hotel and spa. Undoubtedly, these attractions deserve all their accolades. amp;nbsp;Bresheet Hotel overlooking the Crater. (Photo: Clients who have visited the Beresheet spa, an ultramodern pampering five-star resort hotel perched on the lip of the Ramon Crater, cannot stop gushing about their memorable experiences. I have b... Wed, 11 Jan 2017 17:33:00 +0200 Challenge for Overseas Buyers: Apartment Registration My relatives recently sold their apartment, and the contract signing was delayed by over a month because their identification numbers on the apartment registration were from expired passports, which had since been replaced by new passports with new passport numbers. Soon after this incident, I was talking with attorney Yaacov Epstein, an up-and-coming lawyer based in Jerusalem. This article is a summation of our conversation, and offers suggestions for overseas purchasers to protect thems... Sun, 25 Dec 2016 22:25:00 +0200