Not too many years ago, foreclosures made up about 8% of home sales in Austin. Now foreclosures make up under 0.5%. Bank owned homes and foreclosures in Austin, even though scarce, still attract many home buyers looking for a deal. We’ve not only helped several buyers buy foreclosures over the years, we’ve also bought them […]
Buying a Home in Austin
Considering buying a home in Austin? Check out our home buyer tips, multiple offer strategies, how-to guides, home buyer mistakes and more in our Austin Home Buyer Blog.
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How Market Conditions Affect a Buyer’s Negotiation Strategy
Every residential real estate transaction is negotiable in varying degrees relative to the local housing market conditions. While it is true that the homeowner sets the asking price, it is the home buyer that truly determines the home’s value. Why? Because a home is only worth what a ready, willing and financially able buyer will […]
What Should a Buyer Look for in the Final Walk Through?
Before you close escrow on a house, you’ll want to perform a final walk through. Typically, there are no issues that arise, but because there are no guarantees in life, we always want to double check. Here, we’ll answer a frequent buyer question, what should a buyer look for in the final walk through? What’s […]
What Response Can I Expect After Making an Offer?
What response can I expect after making an offer on an Austin home? There are 5 possible reactions from the seller when your Austin buyer’s agent presents your offer. #1: The Seller Can Formally Reject Your Offer The seller or their agent can inform you that your offer is unacceptable and the seller will not […]
Tips for Women Home Buyers
Women are becoming a larger and larger percentage of the Austin home buyer population. When you’re a single woman planning to live alone or about to start a family looking for single family homes, you want to pay special attention to the safety and security of the area. Here are some tips for women home […]
Assessed Value vs Appraised Value
When you are seriously considering making an offer on a house, it is likely you will look at the property tax records in an effort to determine the tax rate, schools and how much the property taxes will be. Another field on the property tax record is the property’s assessed value. This field causes a […]
When Should I Get Pre-Approved?
If you’re thinking about buying a home, there is a lot to do to get prepared. Studies show buyers are researching 12-18 months in advance of purchasing. With this much lead time, we often get the question … “When should I get pre-approved?” We advise our clients to use an experienced lender as a resource […]
Why Get a Home Inspection?
When you find your house and get in contract, it is an extremely exciting time and also a very busy time. The option period (usually the first 5-10 days of the escrow period) is when you bring out inspectors to help you learn exactly what you’re buying. It is not something buyers do frequently, so […]
What Should Buyers Look for in the Sellers Disclosure?
Texas state law requires that a Seller’s Disclosure Notice be delivered to the prospective home buyer as part of the contractual process. The idea of disclosure is simply to tell prospective buyers what the seller knows about a property. Most, but not all, single family home sales (several exceptions apply), require the seller and a […]
Lifestyle vs Location – Better Neighborhood or Better Home?
The influence of location on value is recognized by virtually everyone, yet, little consideration is focused on the personal effect location plays on the buyer’s lifestyle. What part location plays on an owner’s everyday responsibilities is a question that seemingly few prospective buyers ask. How does the location of the neighborhood you’re considering affect your […]