You should definitely have a termite inspection performed on any re-sale home you are purchasing in Texas. They are usually less than $100 and can be performed in conjunction with the general home inspection. If your home inspector is not a licensed termite inspector he can probably schedule one to come at the same time. If termites or conducive conditions are found or if termite damage is found then your agent should negotiate on your behalf for treatment or remedying the conducive conditions or having the damage repaired or monetary compensation.... more
Sarah, Being a resident of the Vail valley in Colorqado for 30-years I suggest my town! We have world class skiing, cultural events, health care facilities and no end of year around things to do. we are only two hours form Denver if you need anything from the big city! it's a diverse, vibrant area that is more than jsut a resort, it's a real community you can call home.. And if you need a mortgage loan to buy a place here, I'm the mountain mortgage guy.... more
A lot depends on the home itself and the area where it is located. In some parts of the Austin area where you have older home garages may not exist or have been converted to and extra room. For the most part, in smaller square foot homes the garage ends up being a storeage area and how much stuff one has. A garage is usually calculated at $8-10,000 +/- per bay.... more
What does your agent think? That is who you should ask this question to. Now I will give you what I would say - The tax record has nothing to do with the true value of a home. Tax appraisals are not done the same way a Real Estate Appraisal is done. An offer should be based on a few main factors: 1) What have other homes in the area sold for in the last 6 months? Price per sft - similar buider and building style. 2) How much do you want the house? In this market this is a big factor because you probably will not even get a counter offer if you come in to low and someone will beat you to an exceptable offer. 3) In our current market your focus should be on making a fast and clean offer - have your pre-approval letter or if your paying cash, show funds availability on a document from the bank.
In Central Texas most experienced Realtors are pricing homes to sell. The days of pricing homes really high and getting low offers and meeting in the middle are over. Sellers want to sell and are encouraged to be realistic - Buyers want to buy and are doing the same.
Long story short - Dont waist your time looking at TCAD until you are doing your taxes after the purchase and are getting to take some extra write offs. Best Regards, Laura Rosales - Realtor with Premiere Team Real Estate... more