Posted by: islamicfinancingnews | February 9, 2013

Islamic finance and your search for the right home

islam-11 Finding the right home for your family can be a lengthy process or one where all the elements come together quickly. Either way, pre-qualifying for Islamic loans will help to narrow your search efforts by determining how much you can afford to pay for a house.

Once you know your price range and the style of home you want, you can begin to look for suitable properties. An excellent home search tool is the MLS listings online. This database provides useful information about homes for sale in many different areas including details about the sale price, lot size and number and size of rooms. Some online listings even have a virtual tour option which allows you to browse through pictures of the home’s interior and exterior features. If you find a property of interest, you can contact the selling agent directly to make an appointment to view the property, or ask your own real estate agent to make the arrangements for you.

You should consider working with an experienced real estate agent who can guide you through the process. An agent with a good working knowledge of the market may even know about houses in your price range before they are officially listed for sale and can arrange for you to be the first to view a property.

The process to find a suitable family home is made easier when you know you’ve got proper Islamic finance behind you.

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