Posted by: islamicfinancingnews | October 27, 2014

Take a look at sharia finance law and this quick update

Sharia finance law is a great way to make sure that you’re  getting involved with North American real estate and at the same time staying close to your religious beliefs. Once you get the more difficult part of ijara loans out of the way and you’re signed up,  you can move on to the more interesting aspects of home ownership like quick and easy renovations that make a big difference. For example, installing a new backsplash in your kitchen is one of those relatively easy jobs that will make a lasting impression since that’s the area where you and your family meet most often.

Although it might not seem that way by the great look of the finished product, you don’t need to spend a lot of money on the backsplash materials that you choose. Wallpaper or even tin ceiling tiles are relatively inexpensive but great materials that look wonderful.ijara 1

Keep in mind one of the cornerstones of anything you buy in the North American real estate market is sharia finance law. The products that are sold and adher to this principle will keep you free from riba and allow you to enjoy all the other benefits of owning a home or property.

 

 

Posted by: islamicfinancingnews | October 26, 2014

Beaded Board Adds An Excellent Touch to Your Kitchen Renovations

Kitchens and bathrooms can be drastically improved with the classy touch of beaded board. This is a simple and easy to install DYI project that you can easily accomplish on a weekend. If you’re looking for a more modern look than the traditional planks, using wider boards is an excellent choice to get that cosmopolitan feeling and look.

Fund the entire project with some money from your ijara loans and you’ll have the extra good feeling of knowing that you’re staying Sharia compliant. Islamic loans usa can be used to help out with a variety of projects that can increase your equity like these beaded boards that look great  in any kitchen or bathroom. One of the interesting ideas were these boards come in handy is in the kitchen were your island can adopt a country feel. Remember to always mark of areas where you need to  drill holes through for phone jacks or other accessories.home tool kit

Bearded boards can also be painted but you want to make sure that you do this outside before you place them in the kitchen or bathroom because the fumes for even a small amount time can become a problem.

Why not check out our handy Ijara loans calculator while you’re at it?

 

Posted by: islamicfinancingnews | October 25, 2014

Updating your front door makes a big difference.

Islamic home loans are an interesting product and when you look at our website you’ll see that we have all the information you’ll need to make an informed decision about finally getting one of these islamic mortgage loans. We want to make sure that you get all the information you need to make the right decision and that’s why we even included a section on Sharia compliance and an ijara calculator that can help you crunch a few numbers.

That said, we’re also here to make sure that you get some good advice on updating your home so your equity keeps building over the course of your Islamic financing loan. Ask any homeowner who’s been in the game for a while and they’ll tell you that first impressions are one of the most important things you need to focus on. That’s why experts suggest painting your old front door or even investing in new one will make a tremendous difference to that all-important metric.

Other quick fixes that will make a big difference include repainting the old trim and getting a new set of house numbers.  Trying some different lighting fixtures at the front can also make the whole area look completely different and striking to first-time guests or possible buyers.mar 24 5

 

 

 

Posted by: islamicfinancingnews | October 24, 2014

Cut your home heating bills this winter

As you already know by now, islamic home loans area a great way to keep you expenses in line and stay Sharia compliant at the same time. By avoiding riba, these islamic mortgage loans are the perfect way for the practising Muslim to own some real estate without running contrary to his or her beliefs. Of course as the winter approaches here in the United States and in Canada to the north, there’s some concerns about the rising costs of heating your house. That’s why we’ve taken the time to put together a few hints on the things that you can do to decrease the amount you’ll spend on your energy bills when the snow starts to fly.
Weatherstripping. When you remember that seven to ten percent of any home’s heat loss occurs around the doors and windows you’ll see right away why checking the weather-stripping is necessary. It needs to be replaced every few years and the entire operation is as easy as pulling off the old stuff and credit cardstacking on the new.
Check electrical boxes. The ones that are placed on exterior walls need to be checked because there is quite often no insulation around them.
Being a complete homeowner that understands everything that needs to be done to keep a home running properly includes selecting the proper islamic mortgage loans and looking after the ways to save on your heating dollar.

For some other great ideas in Isalmic home loans, click here.

Posted by: islamicfinancingnews | October 23, 2014

Some things to think about before you buy a rural property

When you talk to the average person about the kind of property they would like to live once they get their Islamic mortgage financing squared away, many will tell you they prefer a rural property over living in the city. There are some factors that are the same for both styles of property in that people who live in either place want to be sure they have a safe location where they can raise a family, but living in a country setting presents a few other factors that need to be included in your decision-making process beyond islamic home financing.home for sale
For example, you’ll need to consider the whole issue of access in the colder winter months. It’s wonderful to look at a location in the summer or fall that looks scenic and beautiful but you need to be sure that you can get in and out of the roads and they are serviced by the local municipality or Township to clear snow away when the bad weather starts. You’ll need to be sure that the property you’re looking at has all the utilities included or you need to make other arrangements.
Not having a municipal waste removal system means that you’ll need to look at getting your own septic tank and this can add to the overall cost beyond islamic mortgage financing.

 

Posted by: islamicfinancingnews | October 21, 2014

Islamic home financing and some ways to repair a credit score

It’s important that you find yourself standing on good financial legs before you apply for Islamic home financing. Eventhough Islamic mortgage financing is riba free you’ll need to have a good credit score so that you don’t present a bad risk to the lending institution that wants to give you the money.

Some people have found themselves in an unenviable position when it comes to their credit score through no fault of their own. For these folks, making sure to repair the credit score is a necessary first step before you can get ijara loans.ijara 1

Starting with the fundamentals is your best plan and that means paying your bills on time if you haven’t already been doing that. If your credit score is in serious trouble, although it might sound counterintuitive, taking out some credit and making sure you make regular payments on it is a great way to start rebuilding trust with any lending institution.

Remember that no credit score is irreparable. No matter how far down you’ve gone it’s possible to turn things around and let lending institutions and banks know that you’ve become financially responsible.

Posted by: islamicfinancingnews | October 21, 2014

If you want to buy a new home, read this first

There’s a fair percentage of people who take on ijara loans and then want to buy a brand new house without fully understanding what they’re getting into. Islamic loans usa make sure that you stay sharia compliant during the whole process but of course there’s a few other things to learn when you’re buying a home that goes directly from the builder’s ownership to yours.

For example, people might not realize they can actually get a builder to change the color of a room or a few accessories before they sign on the dotted home securityline. Buying a home that’s already been built and lived for a number of years makes this more difficult, but when you’re talking about a brand-new subdivision, construction materials might still be on site so some of these changes aren’t really a big deal.

There might even be some additional wiggle room for the financing where your ijara loans are concerned since many builders often work with lending institutions. Taking a look at all of your different options before the house is finished is a grand idea that can put you in a better position to negotiate.

Posted by: islamicfinancingnews | October 18, 2014

How ijara loans and a new home are a perfect match

Picking Islamic mortgage financing and making the decision to do what’s Sharia compliant is only one of the bigger choices that you’ll need to make as you the enter real estate markets and decide on the type of home that you want. It might surprising at first to find out that not everyone wants a brand new home and some people are more content with an older lived in place and the amenities as well as landscaping and architectural features those places supply.

Still, using Islamic mortgage financing to purchase a brand-new dwelling is a good idea for several different reasons including some of the following.home for sale

With a brand-new location, you’re able to make personalized choices such as the kind of siding you want and different kitchen features relating to the cabinets and flooring. A home that has been built recently will also have lower maintenance costs that it’s older cousins.

It’s also important to remember that these newer homes are often safer than the older versions because they have been built to the latest codes and standards. Finally, it’s worth considering that you generally get a builder’s warranty with the new home.

Posted by: islamicfinancingnews | October 18, 2014

Buying your first home? Here’s a few words on appreciation

Islamic home loans are a great way to buy a place of your own and stay Sharia compliant at the same time. Of course there are a few things that you need to learn as you continue on your homeowner’s jury. Starting off on the right foot with some helpful tips when you first get involved is a good idea.mar 24 4

Remember it’s important to get the most for your money when you sign on the dotted line with islamic mortgage loans to buy a new home. Some of the concepts that you will need to deal with might not be familiar if you’ve been renting for a number of years and one of these is called appreciation.

If you’ve been watching carefully over the last several years on both sides of the border in Canada in the United States, you’ll see that appreciation, or what the home is actually worth, has been rising steadily. Of course there are several factors that increase your appreciation as time goes on including how quickly you pay down your islamic mortgage loans.

Posted by: islamicfinancingnews | October 16, 2014

Watch out for these renovation mistakes

Getting involved with islamic home financing is one of the biggest investments you’ll ever make. There’s a lot to learn about how these islamic mortgage financing products are the same and different than more conventional western style mortgages and one place you can start is in reading about How It Works on our website.

After that you can start looking into how renovations are a sure fire way to increase the equity you have in your home. However, you need to understand there’s a few big mistakes that you’ll need to avoid when looking to undertake these renovations yourself.

• Make sure you have a plan that you work to. People looking to renovate often start by pulling off the wallpaper and then gutting a whole wall because they don’t know where to stop. checklistUnderstanding that not every job needs to be a complete overhaul is important. Sometimes just stripping the wallpaper is good enough.
• Remember that duct tape is only a temporary solution. All to often DIY’ers make the mistake of thinking this common remedy is permanent.

Rather than helping you to make money, renovation mistakes actually cost you dollars in the end when you need to gut what’s been done to have it repaired.

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