Islamic home financing and choosing the right location

As you might have already imagined, securing islamic home financing is only one of the steps on the road to homeownership. Finding the right location to apply your islamic mortgage loans means having a comprehensive checklist you can use to narrow down your choices. Keep in mind, whichever part of the country you choose to live in will have a major impact on the kind of life you lead.

• Commute. The amount of time it takes you to get to work from the location you are considering will have a major impact on your family life as well as your disposable income. Understanding your current job is a long-term commitment or that your employment situation could quickly change in the future is another consideration.
• Safety. Of course, this is one of the primary considerations for most people. The price of the home will be less in an area with higher crime where residents may live with the constant fear of becoming a victim. Reselling the home can be much more difficult in a questionable area.

Finally, many people want to be sure their islamic home financing is put to good use in buying a house close to friends and family.