Tuesday, August 14, 2007

Even worse then Hefsitba?

In today's NRG:
חפצים ביקרם
There are some cases that are worse than Hefsitba. All of those people will eventually get their properties.

I have said it before, and I will reiterate it now. We recommend that everyone buy properties that are at least 5 years old. Don't believe promises on paper. The so-called "savings" from buying straight from the developer are usually less than the additional costs of your years in limbo.

The CPI will be updated this evening. The consensus is a 0.7% rise. Stay tuned.

Israeli Mortgages
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