This podcast episode interviews Oad Greenberg, a real estate appraiser specializing in pre-purchase property assessments for mortgage applications in Israel. The interview covers the crucial role of a pre-purchase appraisal in avoiding costly mistakes, such as hidden construction flaws or inaccurate property descriptions, which can lead to significant financial losses. Greenberg highlights the importance of conducting appraisals *before* signing contracts, illustrating how early detection of issues allows buyers to renegotiate prices or withdraw from unfavorable deals. A specific example details how a pre-purchase appraisal saved a buyer 30,000 shekels by revealing previously unknown issues, underscoring the financial benefits of professional assessments. The episode concludes by emphasizing the importance of pre-purchase appraisals in mitigating risks and ensuring a smoother, more informed real estate transaction.
