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.


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