Sell With Confidence
Get an offer for your property with the press of a button. No Hassle. No Fees. Quick Close. All Cash. We believe in a simple, transparent process that’s easy to understand. That’s our guarantee.
Property Management
We have great success in making sure that these properties are leased to qualified tenants and that they are properly maintained. Gefen Equities approaches property management as an income-generating business. We are not doing our job if we do not keep your expenses low and your income high. To do this Reliable Property Management, Inc. maintains a high standard of reliability and accountability, and gives owners the true peace of mind that comes with knowing that their property is in the best hands possible.
Escrow
All real-estate purchase transactions will be conducted through an escrow company located in the US with the collaboration of a qualified real-estate attorneys both in US and Israel making sure you receive the quality, efficiency, and personal attention you will not find anywhere else. Our legal department in Israel would be checking with the local municipality that there are no outstanding rates or other levies owing in relation to the property.
Funds
All purchase funds will be paid directly to you through an escrow company in the US which will be set up and confirmed by both us and you. We will prepare a contract and supply the relevant documents needed to prove the legal status of the property. After all the details have been agreed with the conditions of sale, a purchase agreement will be made. At the same time we will open Escrow here in the US who will supervise the transaction, receiving the purchase payments, signed documents required to transfer registration of the ownership and forward purchase funds to you.
Selling Property in Israel
Proving your Ownership
The first thing we will need to check when selling a property is that you are registered as the owner of the property and that your identification details are correct. This may mean a simple search at the Land Registry or a slightly longer verification process if your property is not registered. Since everything in Israel is registered with an identification number as well as a name, if you have renewed your passport or other identification since the property was purchased, the number on your current document may not be the same and you will need to update this before you sell.
The Process
Once you have accepted our offer for the property, We will prepare a contract and supply the relevant documents needed to prove the legal status of the property. After all the details have been agreed with the conditions of sale, a binding agreement will be signed. At the same time we will open Escrow here in the US who will supervise the transaction, receiving the purchase payments, signed documents required to transfer registration of the ownership and forward purchase funds to you.
Israeli Real Estate and Inheritance
There is no inheritance tax in Israel but thought still needs to be given to any possible tax ramifications for heirs who inherit real estate in Israel. There may be tax to pay on the sale of any property, or there may be other considerations if the heirs want to buy additional properties. Our experienced real estate lawyer can advise you of any possible issues which need to be addressed.
Wills written abroad are often lacking in the technical details which are needed to register the property in the name of the heirs (ID numbers, full legal names etc.). A real estate lawyer can advise you about which details should be included in order to make implementation of the will quicker and easier. Any will drafted abroad needs to take into account the implications of the Israeli Law of Inheritance, since this is what governs the inheritance of Israeli real estate.
Contact Us
Our representatives are standing by to help you with any questions
IsraelProperties4Sale.com
Direct: (310) 800-5055
Fax: (323) 892-2626
Email: Info@gefenequities.com
2746 Vail Ave.
Commerce, CA 90040
