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5 Austin Real Estate Buying Tips
Austin, the main city town of Texas, is just one of my personal favorite places to reside in. And not only is mine, the city reaches surface of many people's listing of the best places to live in, that has made every inch of Austin real estate a hot cake among realtors. Last year, Money magazine selected the city because the No. 3 Best Big City in "Best Places to Live", and it was at No. 2 position in 2006. Other accolades that Austin has received include:
Greenest city in the usa, MSN No.2 city using the best people, CNN Headline News and Travel & Leisure magazine America's No. 1 college town, Travel Channel 5th safest city The least stressful large metro area, Forbes magazine.
Now can you see why the houses in the capital city of Texas can be purchased well before "Austin Homes for Sale" placards are put before them? Not only that, the rub-off effect of Austin's property success can be seen on homes in Kyle as well, a town 21 miles southwest of Austin. Refer to it as Austin phenomenon that even "Kyle homes for Sale" placards don't have to wait longer before it is shoved inside the already crowded stowage.
The Silicon Hills not the Silicon Valley
Austin also goes by the name of the "Silicon Hills" due to the high power of high-tech firms operating within the city. 3M, AMD, Apple Inc., Applied Materials, Cirrus Logic, Cisco Systems, Dell, eBay/PayPal, Freescale Semiconductor (spun off from Motorola in 2004), Google, Hewlett-Packard, Hoover's, IBM, Intel Corporation, National Instruments, Samsung Group, Silicon Laboratories, Sun Microsystems, and United Devices are what they are called of the high-tech companies running their from Austin.
These businesses make the price of local real estate go through the roof when compared to real estate prices in many parts of rural Texas. But nonetheless it's much cheaper compared to housing cost in the Silicon Valley. That is why many tech giants are flocking to the city making "Austin Homes for Sale" placards disappear much more quickly than it should.
It is not only the high-tech firms that are visiting the city; it is pharmaceutical and biotechnology companies too. 85 companies in the industry operate from Austin.
These companies along with the state agencies, colleges, and universities produce a lot of employment that it makes the city a location where a person makes it possible for its dream to fly. The city is up for any dream run, and so are the folks living here.
But, how about those who don't reside in Austin? Just how can they take advantage of opportunities presented with this city? Well, they have to subside in the city as well as for that they'll need a home in the city. The following paragraphs will help them look for a perfect nest I (almost) for themselves in the city.
5 Austin real estate buying tips
Investigate the neighborhood: This really is something anyone will ask you to definitely do. It's an absolute must since you are going to spend time with people there. Find out if the neighborhood is suitable for you personally or not, and if it may suit your needs or not. Check the following:
Crime rate Schools Grocery stores Stores Park Sports club & gym Doctors and hospitals Police and fire department
Find a realtor you can trust: Getting a reliable Austin realtor is really as essential as finding a good neighborhood. A real estate agent won't find a good home at the best price for you, but he'll also help you settle in the locality. He'll help you find shops of daily requirement, as well as use his knowledge of the community to help you settle down. I have heard of many stories where Austin realtors have turned into a lifelong friend for his or her customers.
Visit a handful of houses: Don't commit a mistake of settling down for that house proven to you within the very first time. Austin has many good houses in each and every neighborhood. Take a look at minimum 4-5 houses before deciding on any. Click pictures of every home that you simply visit, and ask for the advantages each one has to offer.
Pay your Austin real estate agent well: Bargaining with an estate agent on his commission is not that good a concept. In the end, it is on him that the property-search depends. A grumpy realtor may get you a bad deal, whereas, a contented agent can get you the house in the best possible price.
Employ a home inspector: A house inspector can help you assess the price of the house you are thinking about. He will also tell you about stuff that will need immediate fixing, and things that can wait. He'll spend an entire day in the house and will produce house audit report, which will cover every factor of the ownership.
