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IS THIS THE TIME TO BUY?
in Austin- MAYBE!! New! Zero Down Bond 77 Program
Now that the homebuyer Tax Credit purchase period has expired as of April 30, the number of new sales has decreased dramatically, especially in the "under $300,000" price range. During the first quarter 2010 the same category showed a large increase, and inventory levels dropped. As a result the entry price point went up in Lakeway. Last year there were numerous listings in the low $200,000's- they were largely fixer uppers, but now there are very few coming on the market under $240,000. Identifying the absolute bottom of any market is impossible until that point has actually passed. Right now, it may be too soon to say that the market in general has turned a corner but it appears that investors have woken up and and are back in. Financing is at historically low rates, but rates are expected to creep back up once the economy stabilizes. A one percent increase in the rate will affect your buying power more than thousands off the sale price. Summer 2010 could be a great opportunity to aquire a property before prices really start to move and also lock in a super low payment.
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Get Help Finding the Perfect Austin, Lakeway or Lake Travis Property
Know exactly what you want?
or
Or call
Patricia Dillman (512) 673-8243
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Homebuyer Tax Credit Is Extended Through June 30, 2010
Who Qualifies for the Extended Credit?
How Much Is Available?
Will the Tax Credit Need to Be Repaid?
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No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.
Aqua Vista Realty is On Your Side
From Start to Finish
Helping you get the best value for your money is my primary goal. Over the past 19 years I have helped hundreds of people buy a home. If you choose to work with me as your Buyer’s agent I will use all of that experience and knowledge to your benefit. From exploring neighborhoods to negotiating a contract and closing, I will be looking out for you and advising you.
While you can see a million homes on the web, actually buying your home is another matter entirely. Every local real estate market is different, even one neighborhood to the next. It's my job to find the opportunities and inform you of any concerns or potential problems. As a resident and professional in the Lake Travis/Lakeway area my knowledge and insight will be invaluable to you, not just in terms of real estate, but also schools, neighborhoods, the local economy, and more.
In addition I will:
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Help you choose locations and properties according to your criteria.
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Tirelessly seek and preview homes, drive neighborhoods, and uncover the gems for you.
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Save you time by previewing homes when possible, eliminating those that do not fit your personal taste or criteria.
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Negotiate the final contract to include your best possible terms and conditions using current market conditions to your advantage.
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Review all documentation, disclosures, surveys etc. You will get my honest opinion of price, condition and value.
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Manage your transaction from start to finish, coordinate with the other parties involved and communicate the progress to you.
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Take all the time you need to find the perfect property.
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Contact Pat at Aqua Vista Realty Inc. and let's get started!
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