Land assessors (Real Estate Appraisal) in Israel:
Are you interested in buying property in Israel from abroad?
Are you an expat and do not understand the real estate market in Israel from value to transaction process?
Real Estate Appraisers in Israel are the only professionals authorized and licensed by the State to determine the value of real estate and are the only licensed professionals who understand how to analyze all aspects of real estate valuation and transactions.
The opinion of a real estate appraiser is objective and does not prevent any interest and function to reflect in real and correct all the parameters of the real estate asset.
The qualification and license of land assessors are given after 4 years of intensive studies and a year of internship.
Among the functions of Land assessors (Real Estate Appraisal) in Israel:
- Investigate the true value of real estate on the market
- Examine the reasonableness and economics of a real estate transaction
- Examining construction irregularities
- Researching the existence of problems in registration
- Examination of the permitted building rights and the possibility of using these to the buyers benefit
- Examination of taxation appeals on real estate taxation and tax allowances and reductions
- Preparing opinions for the courts in respect of damage to the value of land, compensation
If you are about to purchase real estate in Israel, you should have an objective real estate expert who will check that the property offered to you is legal in all its aspects.
In Israel it often happens that people buy real estate without checking, and then it turns out that they bought an illegal property or property with a lot of problems. Property transactions are not clearly documented as they are in Europe and United States. In many cases it is a property that has been owned by many generations.
Before you buy real estate in Israel, it is important that you do the minimum test of a "Pre-purchase inspection" of the property offered by a Land assessor.
This examination includes:
- visiting the property
- checking that there are no irregularities in building.
- an examination of the registration in the Land Registry.
Additional information can also be provided including:
Reviewing the asking price from you and checking for a suitable price in the market
Documenting whether there is any improvement potential.
Usually a Real Estate broker or agent is used to conduct the actual sale. It is important to realize that the market, the purchasing process and the laws and values are much different in Israel than in the United States or Europe.
In the State of Israel, the sole and main purpose of the intermediary is to mediate between a buyer and a seller. The real estate agent does not examine the legality of the property, does the property have a building permit, or is the registration in the Land Registration Bureau correct and does not examine whether the person who presents himself as the landowner is really the owner of the land.
The broker's commission is derived from the value of the transaction, and therefore the broker has a clear interest in advancing a transaction, since without his employment the transaction is in vain. Whereas a Land assessor (Real Estate Appraisal) is paid a negotiated fee for their services regardless of the actual sale or transaction.
Shai Avraham is a Land assessor (Real Estate Appraisal) and an expert in real estate transaction analysis. Shai is licensed, registered and insured so that you know his opinion and report will provide you all the objective information you need to make a solid decision. Mr. Avraham can also accompany a protentional buyer to review multiple locations quickly and will provide you a quick objective review of the economic feasibility of buying the property viewed.
Shai Avraham will issue you a comprehensive report on the property which will include all the important parameters of the property, including: the actual built area, building rights allowed for construction, registration and more.
In Israel it is important that you use a Real Estate Appraiser of your own who will examine for you objectively whether the offer is a reasonable offer that matches market prices and of course protect your interests.
Shai Avraham will examine for you whether the real estate properties offered to you by the realtors are reasonably priced. Shai will conduct the Pre-purchase inspection or a more in-depth evaluation depending on your needs. Shai will be your eyes and ears so that you can make a good all while submitting a written opinion that you will have an insurance certificate.
Contact Shai Avraham: