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5 Austin Property Buying Tips

Austin, the capital city of Texas, is one of my favorite places to live in. And not only is mine, the city reaches top of many people's list of the very best places to reside in, that has made every inch of Austin real estate a hot cake among realtors. Last year, Money magazine selected the city 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 received 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 houses within the capital 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 passes the name of the "Silicon Hills" because of the high concentration of high-tech firms operating in 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 Devices are the names from the high-tech companies running their from Austin.

These companies have made the buying price of local property go through the roof compared to the real estate prices in lots of areas of rural Texas. But nonetheless it is much cheaper 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 much more quickly of computer should.

It is not only the high-tech firms that are coming to the town; it is pharmaceutical and biotechnology companies too. 85 companies in the industry operate out of Austin.

These businesses combined with the state agencies, colleges, and universities produce so much of employment it helps make the city a location in which a person can allow its dream to fly. The town is up for a dream run, and so are the folks living here.

But, how about people who do not reside in Austin? Just how can they take advantage of opportunities presented with this city? Well, they have to subside within the city as well as for that they'll need a home within the city. The next paragraphs can help them look for a perfect nest I (almost) for themselves within the city.

Austin Real Estate

5 Austin property buying tips

Research the neighborhood: This really is something anyone asks you to do. It is an absolute must since you are going to spend more time with people there. See if the area would work for you or not, and when 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 realtor you can trust: Finding a reliable Austin realtor is really as essential as finding a good neighborhood. A realtor will not only find a good home in the best price for you, but he'll also assist you to settle in the locality. He will help you find shops of daily requirement, as well as use his knowledge of the city to help you settle down. I've heard about many stories where Austin realtors have turned into a lifelong friend for their customers.

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

Pay your Austin realtor well: Bargaining by having an estate agent on his commission is not that good a concept. In the end, it's on him that the property-search depends. A grumpy real estate agent may get a bad deal, whereas, a happy agent will get you the house at the most effective price.

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