Posted by: islamicfinancingnews | September 3, 2013

Islamic mortgages and a quick walk through inspection checklist

islam-31 Of course getting Islamic mortgages will provide you with the knowledge that you’re steering clear from riba, but there are many different factors you need to take into account including the physical value of the home you want to purchase. Here’s a quick home inspection checklist you might fund useful.

If you’re already in the basement having a look around, take a few minutes to check out the hot water heater. If you hear any popping or pinging noises, it might need to be drained. You should also be looking for any obvious signs of leakage. Puddles on the floor or under the hot water heater itself could mean the entire unit may need to be replaced. If you’re in doubt, it’s often the case the local utility company will inspect the unit free of charge.

The electrical system needs to be checked over too. Start with the smaller items like the doorbells to make sure they are in good working order and then take a moment or two and check the switches in each room. Make sure they all work and there are no sizzling noises that indicate they are old and need to be changed out.

You’ll need to get a professional home inspection done to highlight all the issues that can help you to decide which home is the right one to buy with the backing of Islamic mortgages.

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