What is Escrow? Texas Real Estate Explained

What is Escrow in Texas Real Estate

What is Escrow and Why Is It Part of My Texas Real Estate Transaction? Would you give your money to the seller of the home you're buying while they're still living in it and before you have the keys and the title to the property? Hopefully you answered, "no". An Escrow Account Keeps … [Read more...]

What can $1025 Per Month Buy You in Austin, Texas in 2011?

How Much Home Can You Get for $1025 Per Month in the Greater Austin Area? $1025 per month can cover the mortgage, taxes and insurance on a $150,000 home in or around Austin, Texas. That assumes you have good credit and can put down 20%. The Estimated Numbers for Buying a $150,000 home for … [Read more...]

The Ranch at Deer Creek: Cedar Park 78613 Real Estate Sales through June 2011

Beautiful landscaping in front of a home in the Ranch at Deer Creek

The Ranch at Deer Creek: Real Estate Sales Update for June 2011 Homes in the Ranch at Deer Creek in Cedar Park Texas are selling quickly for the first 5 months of 2011. 2011 Sales Data Through June 6th, 2011 Of 28 listings, 15 have sold. This is an absorption rate of 3 homes per month, … [Read more...]

Northwest Austin Homes: Summer 2011 Real Estate Update

Northwest-austin-homes

Northwest Austin Homes: Gracious Living in Austin, Texas Northwest Austin Homes are selling at a nice clip this year. For the first 5 months of 2011: 196 homes SOLD in area NW (designated by the Austin Board of Realtors MLS) 102 are in Pending status (under contract) 200 are … [Read more...]

Selling a House As Is: 8 Reasons Not To in Austin, Texas

Selling a House As Is In Austin Texas

Selling a House "As Is": The Cold, Hard Truth Selling house "as is" might get you out of a lot of work. It will also get you off the list of most home buyers, and may cost you more than fixing what needs to be fixed. 8 Reasons Not To Sell a House "As Is" in Austin, Texas You know all of that … [Read more...]

For Sale By Owner Austin: FSBO Pricing Do’s and Don’ts

For Sale By Owner Austin

Listing For Sale By Owner in Austin? Price it right so it doesn't sit and get old. FSBO Pricing Don'ts Don't price your home based on what you need to get out of it. Although you need to know the lowest price that will let you "come to the table" (meaning: you will have enough money to … [Read more...]

Real Estate 101: Buying a Home in Austin Texas in 2011

Real Estate 101: Buying an Austin Texas Home

Real Estate 101: How To Buy an Austin Home in 2011 Want to buy a home in Austin in 2011? Do it right, and get into the home you want at a price you can afford. The 9 Basic Steps to Home Ownership in Austin Talk to a Lender (Read: Why Getting Pre-Approved Makes You A Stronger … [Read more...]

Flipping for Profit: Avoid 3 Big Mistakes Austin TX Flippers Make

Flipping for Profit in Austin TX

Flipping for Profit in Austin Texas? Get a good game plan, and stick to it. Get a good team, and work closely with them. The Big 3 Mistakes for Austin Home Flippers These three mistakes will kill the profitability of your flip. Not knowing your numbers. Trying to do it all … [Read more...]

Home Updates: 3 Expensive Ones That Won’t Add Much Value to Your Austin Texas Home

marble tub surround

Do Home Updates Add Value? Some projects have a decent return on investment, but most don't. Unless you count the value you get from using the upgrades. Big-Ticket Upgrades, Low-Value Returns Home upgrades are always a gamble. Here are some updates that cost big bucks that you probably … [Read more...]

The Real Estate Absorption Rate: Beating the Competition to Sell Your Austin Home

Real estate absorption rate explained

The Real Estate Absorption Rate: Why You Should Care The absorption rate tells how many homes are selling in a given period of time. As a home seller in Austin, Texas, why should you care? Absorption for Real Estate, Explained I'll do the math for you. Let's pick a simple example: In the … [Read more...]