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5 Austin Property Buying Tips

Austin, the main city town of Texas, is one of my favorite places to live in. And not only is mine, the town is at surface of many people's list of the best places to reside in, that has made every inch of Austin real estate a hot cake among realtors. In 2009, 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 using 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 within the capital city of Texas can be purchased well before "Austin Homes for Sale" placards are placed before them? Not just that, the rub-off effect of Austin's real estate success can be seen on homes in Kyle as well, a town 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 inside the already crowded stowage.

Austin Real Estate


The Silicon Hills not the Silicon Valley

Austin also goes by the specific "Silicon Hills" due to the high power of high-tech firms operating within 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 from the high-tech companies running their from Austin.

These businesses make the price of local property go through the roof when compared to real estate prices in many areas of rural Texas. But nonetheless it's much cheaper compared to housing cost in the Silicon Valley. That's the reason many tech giants are popular city making "Austin Homes for Sale" placards disappear a lot more quickly of computer should.

It isn't just the high-tech companies that are coming to the town; it's pharmaceutical and biotechnology companies as well. 85 companies from the industry operate from Austin.

These companies along with the state agencies, colleges, and universities produce a lot of employment that it helps make the city a location in which a person makes it possible for its dream to fly. The city is up for a dream run, and they are the folks living here.

But, what about those who do not reside in Austin? How can they make the most of opportunities presented with this city? Well, they have to settle down in the city as well as for that they'll need a home in the city. The next paragraphs will help them find a perfect nest I (almost) for themselves within the city.

Austin Real Estate

5 Austin real estate buying tips

Investigate the neighborhood: This really is something anyone will ask you to 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 personally or not, and if it may suit your needs or otherwise. Look into the following:

   Crime rate
   Schools
   Grocery stores
   Stores
   Park
   Sports club & gym
   Doctors and hospitals
   Police and fire department

Find a real estate agent you can rely on: Finding a reliable Austin real estate agent is really as essential as getting a good neighborhood. A real estate agent will not only find the best home in the best price for you personally, but he will also help you settle in the locality. He will assist you in finding shops of daily requirement, as well as use his understanding of the community to help you subside. I've heard of many stories where Austin realtors have converted into an ongoing friend for their customers.

See a number of houses: Do not commit a mistake of settling down for that house shown to you in the very first time. Austin has numerous good houses in each and every neighborhood. Take a look at minimum 4-5 houses before choosing any. Click pictures of every home that you visit, and ask for the advantages each one has to provide.

Pay your Austin real estate agent well: Bargaining by having an estate agent on his commission isn't that good an idea. In the end, it is on him that your property-search depends. A grumpy realtor could get a bad deal, whereas, a happy agent will get you the house in the best possible price.

Employ a home inspector: A home inspector can help you evaluate the price of the house you are considering. He will also let you know about things that will need immediate fixing, and stuff that can wait. He will spend a whole day in the home and will produce house audit report, which will cover every aspect of the ownership.