Posted by: islamicfinancingnews | June 12, 2014

Got islamic home financing? Now it’s time to pick the right location for your new home

Making the decision to use Islamic mortgage financing to fund your household purchase is only the beginning. For many homeowners, the next step doesn’t even involve looking at different kinds of houses but the neighborhoods where those houses will be.

The first thing you’ll need to look at when you’re deciding on a location for your new home are the amenities. Depending on how long you plan to stay in the present location, it’s good to have online home for saletransportation like buses and/or subway cars close by as well as a hospital and perhaps some other kind of social support network like a senior citizens club.

Younger people just starting out will want to be sure there’s some entertainment close to the location where they will be buying their new home. If you plan on commuting to work in a larger town nearby, it’s a good idea to time the commute so you can add that into your daily routine.

Of course deciding on purchasing a new house using islamic home financing is the right way to ensure that you will stay Sharia compliant away from riba.







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