Why You Should Avoid Zillow at All Costs

  Why You Should Avoid Zillow at all Costs….and Trulia and Realtor.com…etc In a society obsessed with technology and social media, we are constantly bombarded by loads of information on a daily basis. The fact is anybody can post information online and just because something is gaining popularity on the web does not mean it’s accurate. Now more than ever, …

What Does Austin’s Seller’s Market Mean to a Buyer?

Austin is currently a “seller’s market”. What does that mean? A seller’s market is one in which there are more buyers than properties for sale. A buyer’s market is when there are many sellers and few buyers, which leads to lower prices but also slower appreciation. So, what exactly does a seller’s market mean to a buyer? More Competition If …

Affordable Austin Condos at Verandas

Verandas Condominiums: Unit 219 Where? 909 Reinli Street Austin, TX 78751 (10 minutes to DT) Price? $210,000 Beds? 2 Baths? 2 HOA? $198 monthly Buy vs Rent Payments Potential Monthly Payment if buying (Including HOA)? $1,300-1,500 Current Average rent in zip code 78751 for 2 bed & 2 bath condo? $2,200 If you owned this condo you could charge rent to …

I Bought My First House at an Auction

DISCLAIMER: I don’t suggest everyone go out and buy a house via an auction in a city they don’t live in. There’s a great deal of risk involved and every market is different. Homes in any stage of foreclosure may require many repairs in order to make them habitable. Homes are “under foreclosure” because the owners could not keep up …

Offer Accepted! Now What??

You’ve been working hard with your Lender and Realtor. You’ve narrowed down a property and the sellers accepted your offer! Congrats! Now what? Inspection The first order of business is scheduling an inspection. You should do this immediately after your offer is accepted. The timeline to have your inspection done, review the report and possibly negotiate further with the seller, depends …

The Low Down on Austin Open Houses

The 411 of The Open House Want to know a secret? Open houses are not necessarily held to sell that particular property. In 2014 less than 10% of buyers found the home they purchased at an open house. Realtors will host an open house because they either want to generate more buyer leads or perhaps the seller still believes it’s …

What You Won’t Learn In Real Estate Class

What You Learn As A New Realtor.    Many people are enticed by the idea of becoming a Realtor. I can understand why – it’s not hard to get licensed, and you get to create your own hours. Yet, there is a lot of work that most people don’t anticipate; neverending lead generation, learning how to run a business, completely …