Working with builders can give a buyer the ability to customize the home. I would recommend having a Realtor accompany you through the process and also have the agent assist you in the design center. The Builder has a variety of "levels" that they use on materials and decorative finishes. You may negotiate your preferences with the builder. Have the Realtor ask for builder incentives on upgrades in the home. Most builders have wiggle room with the design features of the home.
Earnest money is a negotiated amount that needs to be agreed upon by both the buyer and the seller. Customarily it's 1% of the contract sales price. Earnest money is held in an escrow account and is credited back to the buyer at closing. Your earnest money would also be returned to you if you back out during your option period (which is also a negotiated time frame but generally 7-10 days after you have an executed contract).... more
Belterra is a beautiful community with great schools and amenities. There is still a lot of new construction in the neighborhood which makes selling a home a little bit more difficult since it gives buyers the option to buy a brand new home. The tax rate in Dripping Springs is close to 3% which is higher that the tax rate in southwest Austin. The neighborhood also on propane tanks as opposed to natural gas which can make it a little pricier in the winter months.... more
Your best bet would be to enlist the help of a Realtor that specializes in that area and understands condos. Be leery of buildings that have been recently converted to condos as they may not have sufficient reserve funds to meet the deferred maintenance. As a condo buyer in Texas you have the right to review all the condo documents including their fiances.... more
Wadzo, I feel like that would depend a lot on several factors. First of all, how large is the property? How well insulated are the walls, doors, and especially windows? What kind of ceiling insulation do you have? Also, is it a whole house or is it just a basement apartment? Any/all of these could contribute to a higher cost.
Hi my name is Tammy Spracklen I work with J.B Goodwin. I have a lot of lenders I work with that would be happy to help you get approved. Once approved I can help you find a house at no charge to you. If your interested in more info please call me or email me at firstname.lastname@example.org... more
Hello my name is Tammy Spracklen I work for J.B Goodwin here in Austin, TX if you are still still interested and haven't spoken to anyone I would be happy to sit down and chat with you. Please give me a call at 512 803-4993 or email me at email@example.com... more
You'll need to stay away from the big box banks. They tend to be very conservative with a limited range of products. Some mortgage brokers may do it. Try those on this site or go to a site that specializes in mortgage lending. I think you'll find one somewhere although the rate will be a little higher than what you'll see for normal conforming loans. Good luck... more
I will tell you I have multiple properties in this zip code. The price of homes have raised around 9% over the last year. It is a very good investment at this time. If you have any questions for me feel free to call 512-826-1393. I do know this area and can help you.... more
I would just go ahead and get it done. I would feel much more confident buying a house with the repairs done rather then just the paperwork. Repairing the foundation is also a huge task. i don't think people will want to move into a house and then have to do all that work. http://www.foundationrepairfortwayne.com/Foundation-Installation.html... more
They are hard to find anywhere these days. Most of the REO homes that would qualify were sold in bulk to investors to rehab or rent. Find a quality agent there in Austin that understands the program and can set up a search criteria for you. They search will email you the moment a home hits the market and meets the criteria. Let me know if you need a referral, I know several great REALTORS in Austin and I am sure most would be able to help.... more