Lakeway : Questions & Answers

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Chandra R Pa…, Real Estate Pro in Newport News, VA
Chandra R Patterson answered:
is it possible to see claims against an individual property, i.e. property had previous flooding?
Hi julie01,
You can contact your insurance agent who would be able to get the answer for you. Additionally, you can pull a C.L.U.E. Report on that property. A C.L.U.E. (Comprehensive ... more
0 votes Share Flag Thu Mar 27, 2014 Home Buying in Round Mountain
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
What is the closing cost for buying from a builder vs older houses?
Each builder is Unique and has their own programs.
They can vary between 0-3%.

Depending on Number of Available homes a Builder may give
several incentives. However, you have to c ... more
0 votes Share Flag Mon Feb 17, 2014 Home Buying in Lakeway
Tom Cantalini, Real Estate Pro in Austin, TX
Tom Cantalini answered:
with a short sale or foreclosure I come in with cash/short closing what are the averages in price I can play with...thanks ddj54542gmail. Lakeway
Good afteroon,

Suzanne's response was accurate. In the Austin area, including Lakeway, banks generally expect that the improved market will eleminate the necessity for a short sale i ... more
0 votes Share Flag Tue Nov 19, 2013 Home Buying in Lakeway
DEBORAH DESJ…, Home Seller in Palm City, FL
DEBORAH DESJARDINS answered:
I am wanting a listing of foreclosures/short sales in Lakeway area thank you
cash under $250K can be condo/townhome or SFR all depends on work to be done and how fast your want to close
I of course want a deal
I love golf areas but ant something close to La ... more
0 votes Share Flag Tue Nov 19, 2013 Home Buying in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
What per cent of list is the selling price?
According to the MLS it has not sold, therefore there is no way to determine how much less than asking price was accepted. It has only been on the market for 4 days. It looks like a spe ... more
0 votes Share Flag Mon Jul 29, 2013 Market Conditions in Arbolago
Julie Mattoon, Real Estate Pro in Austin, TX
Julie Mattoon answered:
What are the resort communities in and around the Lakeway and Spicewood areas with premium amenities?
Lakeway and The Lake Travis Area are full of resort communities. Rough Hollow and The Reserve both have A+ amenities and access to boat slips and the Lake. The Reserve is a bit furthe ... more
0 votes Share Flag Mon Jul 8, 2013 Home Buying in Lakeway
Stuart McWil…, Real Estate Pro in Lakeway, TX
Stuart McWilliams answered:
I am a real estate agent and I have looked in the MLS in Austin and the bank owned properties in Lakeway are not in the MLS. How are we to preview .?
Hi Barbara

If there is any home you need more information on (photos, pricing, etc) please let me know. I have quick access to all homes and can email you the information you need. ... more
0 votes Share Flag Fri Nov 9, 2012 Foreclosure in Lakeway
Stuart McWil…, Real Estate Pro in Lakeway, TX
Stuart McWilliams answered:
What is the average rent per square foot of a home in Lakeway?
Average rent per square foot on a home in Lakeway is going to be around $1 per sqft. There are of course variables that affect the price such as views and location. If you are interes ... more
0 votes Share Flag Fri Nov 9, 2012 Rental Basics in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
Are foreclosures dangerous to buy? What are the disadvantages. If we are 6 months from moving and looking for a deal and can afford to wait to close..
Dear Bri,
The California agent may have this problem in their area, however we do NOT. Real estate is local and the Austin area is still pretty strong. While there are bank owned homes ... more
0 votes Share Flag Mon May 14, 2012 Home Buying in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
Why is the property tax rate higher in Flintrock Falls vs The Hills in Lakeway, Texas?
The taxes vary greatly in the Lake Travis area. Depending on which neighborhood you buy in the rates range from just about 2% up to almost 3%. This can make a big difference in your ann ... more
0 votes Share Flag Mon May 14, 2012 Home Buying in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
How do I go about finding out which bank owns a forclosed property?
The property owner should be shown on the MLS listing. Otherwise you can check TCAD for the owner of record. Good luck!
;)
0 votes Share Flag Sun Feb 5, 2012 Foreclosure in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
Now that the hospital is coming to Lakeway, do you think the prices will increase? I have been looking at Lakeway for sometime & thinking about
Dear Beth,
There are actually two medical facilities being built in the Lakeway area. It should be a boon to the local economy and provide many new jobs. Lakeway was more of a bedroom ... more
0 votes Share Flag Thu Nov 4, 2010 Home Buying in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
Is it true that houses in Lakeway do not have drainage only have septic tanks?
Dear Yu,
If you need a Septic System inspection I would contact Jan with Rainbow Septic. They provide excellent service and reasonable prices. They have worked in the Lake Travis and ... more
0 votes Share Flag Thu Nov 4, 2010 Home Buying in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
What are some of the Pros & Cons of buying or selling a home in Lakeway?
I just wanted to check in with you. It has been almost a year since you posted your question about Lakeway. Have you made the move or are you still looking for more information on the a ... more
0 votes Share Flag Wed Oct 20, 2010 Market Conditions in Lakeway
Shawn Culhane, Real Estate Pro in Austin, TX
Shawn Culhane answered:
How high is the homeowners insurance rates in zip code 78734, lakeway texas area?
This looks like a pretty neat site to help answer your questions: http://www.homeownersinsurancetexas.com/

For my preferred local insurance agents, please feel free to email me at s ... more
0 votes Share Flag Sat Oct 2, 2010 Home Insurance in Lakeway
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
Where can I get sales data rather listing price data on the hills and lakeway?
Dear Del Mar,
Listing Data is not much help except it lets you know whats for sale currently. A C.M.A. can show you the average Sold Price Per Square Foot and the List Price Per Square ... more
0 votes Share Flag Wed Feb 10, 2010 Market Conditions in Lakeway
Richard Heath, Real Estate Pro in Austin, TX
Richard Heath answered:
Lease, Sell or Remortgage? 9% interest
Hi Lillie,

Both Cyndie and Betina are correct in that you have to decide what you want to do with the property. It sounds like evicting is the only current option with this non-payi ... more
0 votes Share Flag Mon Dec 14, 2009 Market Conditions in Lakeway
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