Monday morning market report will be a regular part of WestAustin.com every week. In each episode we will discuss some aspect of the market. This week’s episode premieres with our 6 page monthly market report. The reports goes over sales numbers, market inventory, average and median price of homes, days on market, etc. To download […]
Laura Duggan talks with lender, Ben Morton about the typical closing costs that a buyer pays when making a home purchase. Ben outlines these expenses that fall into four main categories—the lender costs, the title costs, insurance costs and escrows of taxes and insurance. The lender is required within three days after a property is […]
Filed under Home Buying, Real Estate Trends · Tagged with appraisal, attorney fees, Ben Morton, closing costs, escrow, escrow officer, good faith estimate, home loan, insurance, interest rate, Laura Duggan, Lender, loan discount, loan officer, loan origination, mortgage., prepaid interest, processing, recording fees, seller paid closing costs, survey, taxes, title company, title fees, truth in lending, underwriting, West Austin Properties
Loan Officer, Ben Morton, discusses the loan application process with Patrick Birdsong who stresses the importance of getting a “pre-approval” letter before shopping for a home. Ben describes the items that a buyer will need for the loan application whether it is done in person or online. Typically, a buyer will need a W-2 or […]
Filed under Home Buying, Real Estate Trends · Tagged with bank, Ben Morton, credit, credit report, documentation, employment, Financing, home, home loan, home purchase, interest rate, Lender, loan, loan application, loan balance, loan officer, loan process, mortgage., Patrick Birdsong, pre-approval, pre-qualification, Real Estate, West Austin Properties
In the next few days you should get the 2010 Notice of Appraised Value for your property. It will come from the county tax office where your property is located so keep an eye out for it. The notice gives you the assessed value for the market value of the land and the improvements or […]
Filed under Home Buying, Home Selling, Real Estate Trends · Tagged with appeal, appraiser, assessment, comparables, county, data, hearing, home, homeowner, Laura Duggan, properties, Property tax, tax district, tax formula, tax rate, Travis County, value, West Austin Properties, Williamson County
People often ask us how the property tax in Texas is figured. The county establishes a property value on January 1st . Assessments are mailed to property owners in April or May with a letter outlining the appeal process. Each tax district decides on a tax rate based on the revenue they need to operate, […]
Filed under Home Buying, Home Selling, Real Estate Trends · Tagged with appeal, assessment, exemptions, homestead exemption, Laura Duggan, Property tax, tax district, tax formula, tax rate, Travis County, value, West Austin Properties, Williamson County
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