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5 Austin Real Estate Buying Tips

Austin, the capital city of Texas, is one of my personal 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 live in, which 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", and 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.

Now can you see why the homes within the capital 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 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 inside the already crowded stowage.

Austin Real Estate


The Silicon Hills not the Silicon Valley

Austin also goes by 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 what they are called of the high-tech companies running their from Austin.

These businesses make the buying price of local property feel 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 is why 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 visiting the city; it's pharmaceutical and biotechnology companies as well. 85 companies in the industry operate from Austin.

These businesses combined 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 town is up for a dream run, and so are the folks living here.

But, what about people who don't reside in Austin? Just how can they make the most of opportunities presented with this city? Well, they need to subside in the city and for that they'll require a home in the city. The next paragraphs will help them find a perfect nest I (almost) for themselves in the city.

Austin Real Estate

5 Austin property buying tips

Investigate the neighborhood: This is something anyone will ask you to do. It's an absolute must because you are likely to spend more time with people there. See if the neighborhood would work for you personally or not, and if it may suit your needs or not. Look into the following:

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

Find a realtor you can trust: Getting a reliable Austin realtor is as essential as getting a good neighborhood. A realtor won't find a good home at the best price for you, but he will also assist you to settle in the locality. He'll help you find shops of daily requirement, as well as use his knowledge of the city to help you subside. I have heard of many stories where Austin realtors have turned into a lifelong friend for their customers.

See a handful of houses: Don't commit an error of settling down for the house proven to you within the first go. Austin has numerous 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 advantages each one has to provide.

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

Hire a home inspector: A home inspector can help you assess the price 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'll spend an entire day in the home and will produce house audit report, that will cover every factor of the ownership.