Working from home has redefined how we think about neighborhoods. Without the need for a daily commute, professionals are prioritizing lifestyle, convenience, and comfort over proximity to a traditional office. But with so many options to consider, how do you find the perfect neighborhood that aligns with your work-from-home lifestyle? We gave you our list […]
Everything You Need to Know: Austin Luxury Home Property Taxes
For Austin luxury homebuyers, navigating property taxes can feel overwhelming, but understanding the basics can make a significant difference in managing costs and planning effectively. Property taxes in Texas are a crucial aspect of homeownership, especially as tax assessments and bills continue to rise annually, posing a financial challenge for many. This post aims to […]
How to Find a Foreclosure in Austin
Foreclosures used to account for about 8% of home sales in Austin, but now make up less than 0.5% and some months 0%. Despite their rarity, foreclosures still attract buyers looking to score a great deal. At Eleven Oaks Realty, we’ve guided many clients through the process of buying foreclosures, and even purchased foreclosures for […]
Who Pays the Buyer’s Agent’s Commission in Austin?
If you’re a first-time homebuyer in Austin, you might be wondering, “Who pays the buyer’s agent’s commission?” It’s a common question, and changes in commission structures have made this topic even more relevant to today’s real estate market. Here’s a quick breakdown of how things work. How Real Estate Commissions Work In the past, sellers […]
What Should a Buyer Look for in the Final Walk Through?
The final walk-through is an essential step in the home-buying process, giving you the chance to confirm that everything is as agreed upon before closing. While this step is straightforward, neglecting it could lead to unexpected issues down the line. For first-time buyers in Austin, here’s what you need to know to ensure your walk-through […]
When Should I Get Pre-Approved?
If you’re planning to buy your first home, there’s one question you’ve likely come across already – “When should I get pre-approved?” Getting pre-approved is an important step in the home-buying process, and the timing of it can significantly impact your experience. For first-time buyers, understanding the optimal time to start this process can eliminate […]
When Do I Have to Put a Deposit Down on a Home?
If you’re buying a home for the first time, understanding when and why you need to put down a deposit can be confusing. Whether you’re purchasing a resale home or a new construction, there are clear timelines and expectations for deposits like earnest and option money. Here’s a guide to demystify the process and help […]
Do Buyers Need to Attend a Home Inspection if They’re Getting a Written Report?
Buying a home is one of the most significant investments you’ll likely make in your lifetime. It can be exciting, nerve-racking, and—for first-time buyers especially—a bit overwhelming. One key step in the home-buying process that often sparks questions is the home inspection. Is it really necessary to attend the inspection, especially when you’ll receive a […]
Is Now a Good Time to Buy a Home in Austin (November 2023)?
With the news of higher interest rates, the market slowing, price reductions and overall public sentiment about home buying, buyers are asking themselves is now a good time to buy a home in Austin? If you’ve been following our Austin real estate price reports, you’ll see we analyze the market every month and make a […]
Does the Seller Have to Give a Buyer a Counter Offer
If you’re an Austin home seller, understanding your responsibilities and options during the negotiation process is crucial. A common question sellers ask is, “Do I have to give a buyer a counter offer?” The simple answer is no. Sellers are not obligated to respond to a buyer’s offer, even if it’s a low ball one. […]