Posted by: islamicfinancingnews | April 17, 2014

Great tips for buying an investment property with islamic loans usa

When most people think about using ijara loans to buy a property the first thing that comes to mind is the family home. However they can use Islamic loans USA to buy investment properties as well. All you need to do to get started is arm yourself with the right research and a few facts.

• Owner occupancy is one of the ways to get started in the investment field. By buying a house and living in it for up to a year before you rent it out, you’ll knock down mar 24 4the amount that you owe on the mortgage and be able to pinpoint any problems that need fixing.
• Although this entails a bit of studying and even writing a license, becoming a real estate agent allows you to be privy to insider information on all the best investment properties in the area you’re interested in.

The interesting thing about applying for and getting ijara loans is that you can use the money in a variety of different ways that includes getting an investment property. It’s a great way to stay Sharia compliant and get involved in real estate at the same time.






Posted by: islamicfinancingnews | April 16, 2014

Some outstanding tips for first time home buyers.

Deciding on islamic home financing is the first step in getting you settled away in your first house but as you might expect there are a lot of things that you need to understand before you can call yourself a qualified homeowner.

It’s important for first-time homebuyers to make a list of the priorities of the things they want and need in a house. It makes sense to be able to differentiate for sale signbetween these needs and wants in the sense that you should be able to put together a list of some of the things that aren’t necessities.

Just as important as getting the right kind of Islamic mortgage financing is finding a house in a good neighborhood. It’s a good idea to take a trip through perspective places at various times of the day or night so that you can get an all-around general feel for the place.

Finally, it’s a good idea to get preapproved before you start looking so you’ll have a good idea of how much money you can shop with. Being preapproved also gives you an advantage if you find yourself in negotiations with a seller.






Posted by: islamicfinancingnews | April 15, 2014

Some helpful options for low equity home owners.

Not everyone who’s gotten involved with Islamic home loans has stayed in one property long enough to build up a good amount of equity. For a variety of reasons that can include a marital breakup or job loss, people often need to sell and move on before they’ve had time to fully plug themselves into the real estate system enough to be of benefit.

That doesn’t mean all the work they’ve done with Islamic mortgage loans has gone to waste and there are some viable alternatives for people with low equity when mortgages #4they’re looking to change their lifestyle by ending a mortgage.

• Renting. Home prices and values in many part of the United States are rising and if you need to make a change right away, it might not be in your best interest to sell. Some professionals recommend renting the place out for a year or so as the prices go up even further.
• Negotiate. While it’s common to pay up to 10% of the home’s selling price in real estate commission, some agents will settle for a lower number if you know how to negotiate with them.

Islamic mortgage loans are carefully constructed to be fair to the people using them. However, unforeseen circumstances can force you into a tight position where you’ll need to come up with some inventive real estate ideas.






Posted by: islamicfinancingnews | April 14, 2014

What riba means in relation to islamic home financing

Although islamic mortgage financing isn’t really all that complicated, there are a few terms that most people need clear definitions for and riba is one them. This concept is forbidden under Sharia Law but its meanings vary from scholar to scholar. Some say it refers to only excessive interest charges, while other learned Islamic clerics say in relation to islamic home financing, riba covers all interest.

Some modern scholars believe that inflation is the cornerstone that can judge the amount of interest that’s allowed. They feel that interest charged up to the value of buying a homeinflation does not include excessive profits and therefore is not in contravention of Muslim belief.

It’s important to understand all the different aspects involved when you’re looking for ijara loans to buy some manner of property in North America. Getting the right firm on your side that understands all the different variables as they pertain to Muslims is critical. Regardless of the company that you finally decide on, they should be fully compliant in all the relevant Fatwas as they pertain to islamic mortgage financing.

Posted by: islamicfinancingnews | April 13, 2014

Home Improvement Ideas With Great ROI

After you finalize your Islamic home loans and actually buy a house, one of the first things that you’ll learn is the work has only really begun. A house is always a work in progress and when you’re not maintaining or fixing something you should be looking towards home improvements that have a great return on the investment and build your equity.

Painting and islamic mortgage loans

Experts will tell you that one of the best renovations possible is either a complete redo of the kitchen or bathroom but that’s not always economically feasible, especially for the new owner. Sometimes you can make what’s old look new again with just a little paint from your local home improvement store. Modern colors are relatively cheap and add a dazzling effect.

The Basics

It’s important to keep in mind that buyers want to look at homes that are safe and have been cared for. Be sure to stay on top of those things like a leaking roof or a bit of wood that’s rotting in a corner window frame.

Islamic home financing is the first stepping stone on your new adventure in North American real estate. Learning how to protect your investment is another critical milestone.






Posted by: islamicfinancingnews | April 12, 2014

Here’s Some Cheap Home Improvement Ideas That Work Well With Ijara Loans

Owning a home that you bought with ijara loans means that you’re always looking to improve the space or make improvements that you can use to sell the house and move on to make even more equity. There is nowhere where you can accomplish both of these goals or either one more readily than in the kitchen. That’s where we will start listing some cheap home improvements that work well with islamic loans usa.

• Ample storage is something that everyone looks for in a kitchen whether you’re looking to sell or stay put. Putting up open shelves in an otherwise unclaimed corner adds an attractive feature and a place to keep extra dishes.
• Kitchen cabinets are another focal point and adding some simple molding is the kind of ornate trim work that supplies a certain flavor to the
• Millwork is a great way to embellish entranceways. Putting this around doorways makes any room look more sophisticated as you enter.

Regardless of the property you bought using the money you got with islamic loans usa, it’s always a good idea to look at upgrades that aren’t expensive and bring in a good return for the dollar.




It’s all about the finances and costs when you buy a home or other property and it’s good to know Islamic home financing can also apply to businesses and commercial properties. It doesn’t matter whether you’re using Islamic mortgage financing to buy a restaurant or a condominium, cutting down on moving expenses is a smart move that puts more cash back in your pocket where it belongs

Document Where The Money Goes

Depending upon several different factors you might be able to deduct some of the moving expenses you incur. For instance, if you’re moving for employment reasons home ownership dec28you should keep track of all the money you spend because the chances are most of it can be filed with your taxes.

Avoid Extra Charges.

If you leave something large behind in an apartment you will more than likely lose your damage deposit. If you own a house, getting rid of big items will pose a problem if your moving day doesn’t line up with extra garbage pickup schedules. You can avoid all of these issues by donating large items ahead of time to charities or having a yard sale.

Keep in mind that islamic home financing is good for both residential or business concerns.

Posted by: islamicfinancingnews | April 10, 2014

Islamic home loans and the advantages of owning a house

Looking through all the different variables for Islamic home loans you’ll soon see how much sense economically and financially these products make. Being able to determine the purchase price in an ijara transaction is an important step and you want to use the same kind of logical thinking when you’re determining all the advantages of homeownership itself.

Here’s a few of benefits of buying a house.

• The mortgage interest tax deduction. Millions of Americans are able to deduct the interest they pay on their mortgage from their personal income tax and most of these will tell you it’s one of the huge benefits of homeownership.
• The difference between the market price of the house and what’s remaining on the mortgage is called the equity. As time goes on you build up more of this and are able to use it for a variety of purposes like expanding your real estate holdings.

All these benefits start when you decide to purchase islamic mortgage loans. They are free from riba and Sharia compliant at the same time. Those are just two of the additional benefits of using one of these Islamic loan products.




Posted by: islamicfinancingnews | April 9, 2014

Quick bathroom renovations that work with Ijara loans

Making things quick and easy is what islamic loans usa are all about. You can qualify with as little as a 5% down payment and that will put some money in your pocket to do some fast bathroom renovations like the ones listed here.

You can purchase or refinance ijara loans at fixed or variable rates and painting a bathroom a watercolor shade of blue can create a tranquil atmosphere that you’ll enjoy like an oasis. The best part of this quick and easy renovation is it only takes one day to accomplish.

When you’re looking for Sharia compliant solutions you want to be given a direct path and you can give a whole bathroom a new look or face lift by simply painting a vanity instead of replacing it.

Classic white wood plantation blinds are always a nice feature that makes any bathroom more cozy. Remodeling that space to give it a new look doesn’t have to be a major job involving a lot of money. All you need to do to get started is use the same common sense approach you did when you decided on ijara loans to finance your housing purchase.

Posted by: islamicfinancingnews | April 8, 2014

Islamic home loans apply to commercial properties as well

One of the great things about applying for Islamic mortgage loans is that you can use the money you get to buy a residential or commercial property. Of course, if you choose the commercial variety, you’ll be looking at using a few different criteria to find a property that suits both your needs and budget.

Mapping out a plan of action is a good idea and you can use some of the principals you employed when you were looking for Islamic home loans and apply them to commercial properties. Of course, there will be some differences from buying a house such as you’ll want to find out how many tenants are already on board and how much space you’ll need to fill.

One of the techniques that will separate you from other people looking for commercial real estate is the ability to find those willing to sell below market value. Finding someone who is motivated to sell below this market value means you’ll stand a bigger chance of getting a deal and using your islamic mortgage loans money to better value. Familiarizing yourself with the surrounding neighborhood is another good idea.



Older Posts »



Get every new post delivered to your Inbox.