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5 Austin Property Buying Tips
Austin, the capital town of Texas, is just one of my favorite places to live in. And never only is mine, the town is at surface of many people's list of the very best places to live in, which has made every inch of Austin property a hot cake among realtors. Last year, Money magazine selected the town as the No. 3 Best Big City in "Best Places to Live", also it was at No. 2 position in 2006. Other accolades that Austin has gotten include:
Greenest city in America, MSN No.2 city with the best people, CNN Headline News and Travel & Leisure magazine America's No. 1 college town, Travel Channel 5th safest city The least stressful large metro area, Forbes magazine.
Can now the thing is why the homes in the capital of Texas are sold long before "Austin Homes for Sale" placards are placed before them? Not only that, the rub-off effect of Austin's property success can be seen on homes in Kyle as well, a city 21 miles southwest of Austin. Refer to it as Austin phenomenon that even "Kyle homes for Sale" placards don't have to wait longer before it is shoved within the already crowded stowage.
The Silicon Hills not the Silicon Valley
Austin also goes by the name of the "Silicon Hills" due to the high power of high-tech firms operating in the city. 3M, AMD, Apple Inc., Applied Materials, Cirrus Logic, Cisco Systems, Dell, eBay/PayPal, Freescale Semiconductor (spun off from Motorola in 2004), Google, Hewlett-Packard, Hoover's, IBM, Intel Corporation, National Instruments, Samsung Group, Silicon Laboratories, Sun Microsystems, and United Products are what they are called of the high-tech companies running their from Austin.
These businesses make the buying price of local real estate feel the roof compared to the property prices in many parts of rural Texas. But still it is less expensive than the housing cost within the Silicon Valley. That is why many tech giants are flocking to the city making "Austin Homes for Sale" placards disappear much more quickly of computer should.
It isn't just the high-tech companies that are visiting the town; it is pharmaceutical and biotechnology companies as well. 85 companies in the industry operate out of Austin.
These businesses along with the state agencies, colleges, and universities produce a lot of employment that it makes the city a location where a person makes it possible for its dream to fly. The city expires for any dream run, and so are the folks living here.
But, how about those who don't live in Austin? How can they take advantage of opportunities presented with this city? Well, they need to subside within the city as well as for that they will require a home in the city. The next paragraphs will help them look for a perfect nest I (almost) on their own in the city.
5 Austin real estate buying tips
Research the neighborhood: This really is something anyone will ask you to definitely do. It is an absolute must because you are likely to spend time with people there. Find out if the neighborhood would work for you or otherwise, and when it may suit your needs or not. Look into the following:
Crime rate Schools Supermarkets Departmental stores Park Sports club & gym Doctors and hospitals Police and fire department
Find a real estate agent you can rely on: Getting a reliable Austin real estate agent is as essential as finding a good neighborhood. A realtor will not only find the best home in the best price for you, but he'll also help you get ready the locality. He'll assist you in finding shops of daily requirement, as well as use his knowledge of the city to help you subside. I've heard of many stories where Austin realtors have turned into a lifelong friend for his or her customers.
See a number of houses: Do not commit an error of settling down for that house shown to you in the first go. Austin has many good houses in each and every neighborhood. Look at minimum 4-5 houses before deciding on any. Click pictures of every home that you visit, and request the benefits each has to provide.
Pay your Austin real estate agent well: Bargaining with an estate agent on his commission isn't that good a concept. In the end, it's on him that your property-search depends. A grumpy realtor could get a bad deal, whereas, a happy agent will get you the home in the most effective price.
Employ a home inspector: A home inspector will help you assess the price of the house you are considering. He will also let you know about stuff that will need immediate fixing, and stuff that can wait. He'll spend an entire day in the house and can produce house audit report, which will cover every aspect of the ownership.
