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.


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