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5 Austin Real Estate Buying Tips
Austin, the main city city of Texas, is just one of my favorite places to reside in. And not only is mine, the town reaches top of many people's listing of the best places to reside in, that has made every inch of Austin real estate a hot cake among realtors. Last year, Money magazine selected the city as the No. 3 Best Big City in "Best Places to Live", also it was at No. 2 position in 2006. Other accolades that Austin has gotten include:
Greenest city in the usa, MSN No.2 city with 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.
Can now you see why the homes within the capital city of Texas can be purchased long before "Austin Homes for Sale" placards are placed before them? Not just that, the rub-off effect of Austin's real estate success is visible on homes in Kyle as well, a city 21 miles southwest of Austin. Refer to it as Austin phenomenon that even "Kyle homes for Sale" placards do not have to wait longer before it is shoved within the already crowded stowage.
The Silicon Hills not the Silicon Valley
Austin also goes by the specific "Silicon Hills" because of the high concentration of high-tech firms operating in 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 the names from the high-tech companies running their from Austin.
These businesses make the buying price of local property feel the roof compared to the property prices in many parts of rural Texas. But still it is much cheaper compared to housing cost in the Silicon Valley. That is why many tech giants are popular city making "Austin Homes for Sale" placards disappear a lot more quickly of computer should.
It isn't just the high-tech companies that are visiting the city; it is pharmaceutical and biotechnology companies as well. 85 companies from the industry operate from Austin.
These businesses combined with the state agencies, colleges, and universities produce a lot of employment that it helps make the city a place where a person makes it possible for its dream to fly. The city is up for a dream run, and so are the folks living here.
But, what about people who don't reside in Austin? How can they take advantage of opportunities presented with this city? Well, they need to settle down within the city as well as for that they'll require a home within the city. The following paragraphs can help them find a perfect nest I (almost) for themselves within the city.
5 Austin real estate buying tips
Research the neighborhood: This is something anyone will ask you to definitely do. It's an absolute must because you are going to spend more time with people there. See if the neighborhood would work for you or otherwise, and when it can suit your needs or otherwise. Look into the following:
Crime rate Schools Grocery stores Departmental stores Park Sports club & gym Doctors and hospitals Police and fire department
Look for a real estate agent you can rely on: Getting a reliable Austin real estate agent is really as important as finding a good neighborhood. A real estate agent won't find a good home at the best price for you personally, but he'll also help you settle in the locality. He will help you find shops of daily requirement, and will also use his understanding of the community that will help you subside. I have heard about many stories where Austin realtors have turned into a lifelong friend for his or her customers.
Visit a handful of houses: Do not commit a mistake of settling down for the house proven to you within the first go. Austin has numerous good houses in every neighborhood. Take a look at minimum 4-5 houses before deciding on any. Click pictures of each home that you simply visit, and request the advantages each one has to provide.
Pay your Austin realtor well: Bargaining by having an estate agent on his commission isn't that good a concept. After all, it's on him that the property-search depends. A grumpy real estate agent may get you a bad deal, whereas, a happy agent will get you the home in the best possible price.
Hire 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 can produce house audit report, which will cover every aspect of the ownership.
