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Home Buying in Austin : Real Estate Advice

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  • Home Buying773
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Activity 1,095
A few minutes ago
Hasitruparel asked:
House is in good condition vs Condo is brand-new. Which one would win the ROI factor over 5 years and 10 years and why?

One story vs two stories
0 votes 0 Answers Share Flag
Yesterday at 8:06am
Susie Kay answered:
It depends on how the contract is written and at what stage you are now. Have you passed the option period? Have you passed the financing period? What do you mean by fund is available? Did the lender decline your loan? Where's your realtor? You should be asking her your question as she knows the details of you transaction. ... more
0 votes 1 answer Share Flag
Thu Sep 21, 2017
Karen Peyton answered:
Thu Sep 21, 2017
Kathy Burgreen answered:
What contingencies do you have in your contract? Do you have one that states "HOA documents / bylaws must be delivered by ______". If your contract doesn't have this contingency, you will have to use one of your other contingencies to terminate your contract and lie about it in order to get the deposit returned. If you are getting a loan from your lender, you can use that contingency and explain to your lender that you need a foolproof excuse to terminate your contract.

Before doing the above, a very simple solution is WHY hasn't anybody contacted the HOA to get the bylaws in the first place? The seller can get it, the seller's realtor can get it, your lender can get it, so again WHY hasn't any of the above people contacted the HOA to get the bylaws??? Sounds like everybody is sleeping on the job or nobody gives a crap.

One final thought - Realtors and your lender want to close this deal quickly. FIRMLY remind them that if you back out because you haven't received the bylaws means they are NOT getting paid and their paychecks will be delayed because they will need to start from scratch and look for a new buyer. NOBODY works for free.
... more
0 votes 2 answers Share Flag
Mon Sep 18, 2017
Copenhaver answered:
0 votes 7 answers Share Flag
Wed Sep 13, 2017
Zoila0810 answered:
Sun Sep 10, 2017
Susie Kay answered:
What are you planning to do? Perhaps it's better to consult an attorney to accomplish your goal.
0 votes 1 answer Share Flag
Tue Sep 5, 2017
Stevepease answered:
WITH OWNER FINANCING, HOW TO AVOID DISCLOSURE OF PRICE TO LOCAL APPRAISAL DISTRICT?
0 votes 11 answers Share Flag
Sat Sep 2, 2017
Susie Kay answered:
I would suggest that you pick up the phone and call a local realtor or two and go from there.
0 votes 1 answer Share Flag
Tue Aug 15, 2017
Charlotte Brigham answered:
Are you still looking to move to Austin? I have lived here over 40 years and it is a fantastic place to live. I have had my Real Estate License since 1986 and can help you find the place that best fits your needs. The top three 6A High Schools here are Westlake, Lake Travis and Vandegrift. Each are offers a wide range of housing, priced $350k-way over $1 million. Please let me know if you are interested in viewing what Austin has to offer! Charlotte Brigham Broker, MBA, CLHMS, 512-423-5707 CharBrigham@gmail.com ... more
0 votes 31 answers Share Flag
Sun Aug 13, 2017
Zipliner65 asked:
Wed Aug 9, 2017
Wking answered:
Your correct about basements being the exception and not the rule in Texas. Your incorrect about why. The primary reason is that builders don't want to build them at all and for the obvious reason (don't have a clue how). Basements are all over the state from the Panhandle to Galveston, El Paso to Brownsville.

The soil being a problem is a myth like flying dragon and unicorns. Texas has nearly every type of soil indigenous of the entire US within it. For this reason alone you would have to ask where is it bad. Consider where you don't find a swimming pool in the state for that matter.

Can't build on caliche' or clay is another myth for actually it is the second best soil to build on for stability only second to bedrock. Once excavated if actually costs less to build it upon.

How do I know? I am a basement builder serving all of Texas for the past 15 years. We are the number one basement repair company serving all of Texas. After I wrote my book about basements I hoped these type of posts would stop and they mostly have for the most part.

Willie E King Jr.
... more
2 votes 12 answers Share Flag
Thu Jul 20, 2017
Cadurden asked:
Sat Jul 8, 2017
Susie Kay answered:
Thu Jul 6, 2017
Jrobertflynnii answered:
As a previous sub-division developer ,13 to be exact ,453 lots the 250-300 per foot is a myth, when you add in everything not mentioned previously. Including but not limited to Entrance sign, landscaping, street lights, roll back taxes, cost to carry til completed, attn fees for sub-division restrictions and to inc HOA, any support salaries(not like you can. Do this alone), wetlands remediation, cost of sewer rights of way,etc # of lots to Divide costs, is it mass graded for track builder....at this point your around $500 foot ,depending on concrete and asphalt cost in your area...oh yea if you get a 100 year storm doing grading phase add more to this price

Plus porta John, closing cost to buy land and lot closings, taxes on income, accountant,liability insurance, about 60-70 line item costs
... more
0 votes 4 answers Share Flag
Tue Jul 4, 2017
Angela Nikolopoulou answered:
Let me know if you find one because it is so expensive. My son is renting and the property is for sale for 699,000 two houses with rental income of 5,000 a month, now thats a good investment but I can go in with you. I don't have the credit for 700,000 property but is an excellent investment. Good luck! ... more
0 votes 17 answers Share Flag
Thu Jun 29, 2017
Susie Kay answered:
Have you told your realtor that you think it's risky? What did she/he say?
0 votes 1 answer Share Flag
Sat Jun 24, 2017
Susie Kay answered:
I would suggest that you read your contract again AND ask your realtor for advice.
0 votes 1 answer Share Flag
Sun Jun 11, 2017
Susie Kay answered:
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