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5 Austin Real Estate Buying Tips

Austin, the capital city of Texas, is just one of my favorite places to live in. And never only is mine, the city is at top of many people's listing of the very best places to reside in, which has made every inch of Austin property a hot cake among realtors. In 2009, Money magazine selected the city because the No. 3 Best Big City in "Best Places to Live", and 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 you see why the houses within the capital city of Texas are sold long 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 too, a town 21 miles southwest of Austin. Call it 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 passes 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 removed from Motorola in 2004), Google, Hewlett-Packard, Hoover's, IBM, Intel Corporation, National Instruments, Samsung Group, Silicon Laboratories, Sun Microsystems, and United Products are the names from the high-tech companies running their from Austin.

These companies have made the buying price of local real estate go through the roof compared to the property prices in many parts of rural Texas. But nonetheless it is less expensive than the housing cost within the Silicon Valley. That's the reason many tech giants are flocking to the city making "Austin Homes for Sale" placards disappear a lot more quickly of computer should.

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

These companies combined with the state agencies, colleges, and universities produce so much of employment it helps make the city a place where a person makes it possible for its dream to fly. The town expires for a dream run, and so are the folks living here.

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

Austin Real Estate

5 Austin property buying tips

Investigate the neighborhood: This really is something anyone asks you to do. It is an absolute must since you are likely to spend time with people there. Find out if the area would work for you personally or not, and when it may meet your needs or not. Look into the following:

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

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

See a handful of houses: Do not commit an error of settling down for the house proven to you in the very first time. Austin has many good houses in every neighborhood. Take a look at minimum 4-5 houses before choosing any. Click pictures of each home that you visit, and ask for the benefits each has to offer.

Pay your Austin realtor well: Bargaining with an estate agent on his commission isn't that good a concept. After all, it's on him that the property-search depends. A grumpy realtor may get a bad deal, whereas, a happy agent can get you the home in the best possible price.

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