Category Archives: Real Estate Information

The secret to pricing homes Central Austin

There is a strategy to pricing your home to sell quickly and for maximum value.

In an ideal world, your Central Austin home will sell quickly and for top dollar.  But how do you achieve this real estate nirvana?  In a word, price. Okay, it’s really five words – price, condition, location, marketing, and experience.  Each of those factors play a key role in how your home is positioned in…

Guide to Austin Homestead Exemptions

California modern style home in Highland Park

In Texas everyone gets one homestead exemption that reduces your property tax bill by removing part of a home’s value from taxation. The homestead exemption does a couple of key things for you: It keeps your taxes from increasing more than 10% in any given year, and You may get a tax break, often around 15%,…

What is a “final walk through” in real estate?

The Final Walk Through.  What is it?  The final walk is the homebuyer’s opportunity to walk through the property one last time before closing on the home to make sure that it is in the same or better condition than it was in when the buyer inspected the property.  Most real estate contracts say that…

Using Option Money to Make Your Offer More Appealing to Sellers

You can make adjustments to your option money to make your offer more appealing to home sellers.

  USING OPTION MONEY TO MAKE YOUR OFFER MORE APPEALING TO SELLERS Most real estate contracts include a provision for an “option period.”  The option period is a span of time in which the homebuyer has an unrestricted right to terminate the contract for any reason so long as proper and timely notice is provided…

What’s “earnest money” in Austin real estate?

Earnest money is a key negotaitiong tool in Austin real estate contracts

  Earnest money is a type of security deposit that homebuyers submit whenever a real estate contract is executed to demonstrate they are serious and sincere about completing the transaction.   Remember though, a contract is not truly “executed” until all of the terms are agreed upon and all parties have signed it.  In Austin, most…

What is an option period in Austin real estate?

Understanding the purpose of an option period in Austin real estate transactions

After you execute a real estate contract to purchase a home (meaning all of the terms are agreed upon and all parties have signed the contract), you typically begin an “option period.”  The option period is a span of time in which the homebuyer has an unrestricted right to terminate the contract for any reason…

Buying a Vacation Home

Keep these numbers in mind when considering a 2nd home.

Last month my family took a long weekend trip down to Port Aransas along the Texas Coast. For the second year in a row, we stayed at Cinnamon Shore on Mustang Island. This master-planned community features condos, cottage homes, and larger estate homes that share numerous amenities like heated swimming pools, movie night on the…

HOMESELLER TIP: Make your home easy to see

To increase the chances of selling your home, you want to make it easy for potential buyers to see.

Regardless of your home’s price, condition, or location, it won’t sell if it can’t be seen by potential buyers.  The biggest thing you can do to help sell your home is to make it easy for buyers to see.  Here are some tips: Like you, buyers have busy schedules. They will want to see your…

The Hard Truth for Homesellers

Despite what you might think as the homeowner, your home isn't worth what YOU think it is. The market will determine the value of your home.

As a homeowner myself,  I understand the frustration a homeowner can feel when your home isn’t selling for the price you think it should.   In the video below, Marquette breaks down the hard truth:  your home isn’t worth what YOU think it is. Despite what you paid for your home… Or how much a neighbor…

Austin #1 city for millennial homebuyers

Austin is the #1 ranked city for millenial homebuyers. | Homesville Real Estate

New research from the National Association of Realtors (NAR) shows that Austin is the best market in the nation for millenials to purchase a home.  NAR evaluated employment, population trends, income levels and housing conditions in the largest 100 metro areas across the county and found Austin to be tops.  No other Texas city made…

How to Save $$$ in Your Real Estate Mortgage

If you know me at all, you know I hate to see money left on the table.   As it happens, real estate mortgages are a common place where homeowners do just that.   But… It doesn’t have to be that way.  Here are two practical options to consider: One option is to choose a shorter term…

Avoid Wire Fraud in Your Real Estate Transaction

Technology is an important part of today’s real estate transaction. We search for homes online, send contracts by email, and even sign contracts electronically.   As with most things technological, hackers have found a way to hack transactions and steal money from homebuyers. Much like a phishing scheme, the hackers have developed sneaky and sophisticated systems…

Tips for moving with children

Moving with children can be a challenge, but it is do-able.  Even though you have a million things to do on your moving checklist, don’t overlook that your children may be stressed or scared about the upcoming move.  Moving creates upheaval for everyone, even more so for children because their normal routine is disrupted.  Here…

Property Tax Protest Deadline Approaching

If you are dissatisfied with the appraised value of your property, the first step is to file a protest with the Appraisal Review Board (ARB) in your county.  You may protest the value on your property if you think the assessed value is too high; your property is unequally appraised; the appraisal district denied a…