It would be difficult to determine where your focus should be without more detailed information that would help with that determination.
There are many factors that are important when determining an area of focus. The most important factor will be what you would like to pay at a minimum to maximum price. Following that; which areas do you deem to be unacceptable along with the features and size of a home. The Austin MLS system allows for search parameters to be set and the results of those searches utilizing those parameters would be available for review. As the search continues, you can further refine the results and determine which area will best suit you.
Because the price of the property is ultimately what determines what is acceptable; The first step in this process is obtaining a pre-approval, or as was also recommended, pre-qualified (definitely one of the best positions from which to negotiate) for a mortgage. This information will detail the possible interest rate, amount of down payment and the amount of the loan.
Because not all real estate buyers are familiar with the process to obtain a loan, the advice of a real estate professional can be of great value. The real estate professional can assist you with any questions you may have, along with assisting you with discovering what other questions that may need answered and direct you to different sources of information that will help with the process.
Any of my agents or I would be happy to help with the process.
Anne Schramm, Broker
GRI, TAHS, CNE
TREC LIC# 465302
Realtor -- Owner
Dominion Estate Network Realty
512.785.4157 Mobile http://www.dominionestate.net... more