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5 Austin Property Buying Tips
Austin, the main city town of Texas, is just one of my favorite places to live in. And not only is mine, the city reaches surface of many people's listing of the very 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 town 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 America, 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 the thing is why the homes in the capital of Texas can be purchased long before "Austin Homes for Sale" placards are placed before them? Not only that, the rub-off effect of Austin's real estate success can be seen on homes in Kyle too, a town 21 miles southwest of Austin. Call it 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 passes the specific "Silicon Hills" because of the high power of high-tech firms operating in the city. 3M, AMD, Apple Inc., Applied Materials, Cirrus Logic, Cisco Systems, Dell, eBay/PayPal, Freescale Semiconductor (spun removed 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 from the high-tech companies running their from Austin.
These companies have made the price of local property go through the roof compared to the real estate prices in lots of areas of rural Texas. But still it is less expensive than the housing cost within the Silicon Valley. That's the reason many tech giants are popular city making "Austin Homes for Sale" placards disappear a lot more quickly than it should.
It isn't just the high-tech firms that are coming to the town; it's pharmaceutical and biotechnology companies too. 85 companies in the industry operate out of Austin.
These businesses along with the state agencies, colleges, and universities produce so much of employment it helps make the city a location in which a person can allow its dream to fly. The town expires for any dream run, and they are the people living here.
But, how about those who do not reside in Austin? Just how can they take advantage of opportunities presented by this city? Well, they need to settle down in the city and for that they'll need a home within the city. The next paragraphs can help them find a perfect nest I (almost) for themselves within the city.
5 Austin real estate buying tips
Investigate the neighborhood: This really is something anyone asks you to do. It's an absolute must because you are likely to spend time with people there. Find out if the neighborhood would work for you personally or otherwise, and if it may suit your needs or otherwise. Check the following:
Crime rate Schools Grocery stores Departmental stores Park Sports club & gym Doctors and hospitals Police and fire department
Find a real estate agent you can rely on: Finding a reliable Austin real estate agent is as important as getting a good neighborhood. A real estate agent won't find a good home in the best price for you, but he'll also assist you to settle in the locality. He'll help you find shops of daily requirement, as well as use his understanding of the city to help you subside. I have heard of many stories where Austin realtors have converted into an ongoing friend for their customers.
Visit a handful of houses: Don't commit an error of settling down for the house shown to you within the very first time. Austin has numerous good houses in each and every neighborhood. Look at minimum 4-5 houses before choosing any. Click pictures of every home that you simply visit, and request 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 real estate agent may get you a bad deal, whereas, a happy agent can get you the home in the best possible price.
Employ a home inspector: A home inspector can help you evaluate the price of the house you are considering. He'll also tell you about things that will require immediate fixing, and stuff that can wait. He'll spend an entire day in the house and will produce house audit report, that will cover every aspect of the ownership.
