Shia Getter
ISRAEL'S #1 TRUSTED SOURCE FOR ALL YOUR REAL ESTATE NEEDS

The 9 Keys to a Successful Real Estate Purchase – Possessing the Property

If only taking possession of your home could be as easy as making a kinyan on the keys. And for those who buy an existing property, it usually is. After all, home inspections, engineer visits, and appraiser analysis would take place before signing the contract in such a purchase. But when an apartment is purchased “on paper,” there is no apartment to check yet. All that has to be done at the end.

When a newly built apartment is nearing the final stages of construction, the developer sends the buyer a letter informing him of such and letting him know that he should come and inspect his purchase. The buyer usually has 30 days to do so. During such an inspection, the buyer then has the opportunity to make note of whatever needs to be fixed prior to his move-in date.

The average nonprofessional buyer would probably only notice things like poorly grouted tile or paint that needs touching up. Unfortunately, some contractors take advantage of that relative unawareness. But, when a buyer brings in a professional to do the inspection, the check can be carried out in a much more thorough way. An engineer will notice if the construction isn’t up to code, or if the tiling isn’t properly level. Perhaps windows weren’t sealed adequately – or at all, and the list goes on.

The complicated piece here is that if the original contract didn’t have a clause allowing the buyer to bring in his own third-party inspector, the developer may prevent him from doing so. But when a buyer works with a group like Getter, he can be sure this right is solidly written into the contract. Not only that, Getter finds and works with the engineers and appraisers to make sure the inspection is done properly – and in enough time for the contractor to make repairs.

Does the inspector always find something that requires repair or improvement? Yes, with a capital Y. But does the process have to feel like traversing a minefield? No. Not if you get help and go with a group like Getter, who will advocate for you and walk with you every step of the way.

Mr. Shia Getter is an authority in real estate and buyer protection in Israel. He founded The Getter Group to help homebuyers secure their interests and avoid pitfalls when buying in Israel. Enlist the experts. Contact The Getter Group today at 718-473-3950 or via e-mail at mail@thegettergroup.com.

This article is intended for informational purposes only and is not meant to provide legal opinions, or to serve as a substitute for professional advice. The author does not guarantee that the information contained herein is complete or accurate and does not assume any liability for any loss or damage caused by errors, inaccuracies, or omissions contained in this article.

About the Author
Shia Getter is known in Israeli real estate circles for “the man with common sense.” Having moved to Israel 12 years ago, Shia understands what rough experiences many people not used to the local ways of doing business can get entangled with. His company, the Getter Group, is Jerusalem’s #1 sales and brokerage services company, and trusted source of information, ensuring clients get the right investment, covering their bases and checking that they are getting full value and security for their hard earned money.
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