It's really going to come down to maintaining whatever you have. It's very possible that hardwood floors and tile would be more appealing to a buyer and would add more value. But well maintained carpet is much better than damaged hardwood. Really that will be the main factor with this issue, but installing the hardwood and tile really shouldn't hurt.
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These are great answers. You should also be aware that earnest money may be withheld to pay for items ordered and paid on your behalf, such as a termite inspection or HOA disclosures in the event you terminate the contract outside specified cancellation timeframes in the contract.... more
I would advise you consult with your realtor (if you don't have one, get one). Your realtor will have a good sense of what you can purchase the home for based on factors like the recent sales in the area and the general condition of the home. Good luck!
All the best,
Harry Norman, Realtors
You can absolutely find a home in and around Austin in that price range. There are not a lot of them, to be truthful, but you can find them and with a good real estate agent working with you, you should be able to find one quickly. Depending on the area you are looking for, there are more homes available in this price range than others. I would recommend getting a real estate agent to help you find what you are looking for and they will help you decide what areas are best for you. Good luck!... more
If you have put an offer in on the home and it has been accepted, you should get an inspection done before your option period ends, which will cover any and all issues with the home. There is a Seller's Disclosure as well that you can review, but this will only tell you what the current owners know about the home. Good luck!... more
Have you made it out to Austin yet? I have a friend who lives here who is from New York. She says the traffic is nothing here in comparison. It's all relative!
There are many nice homes for still $400,000. You can search for homes with pictures on my site. I have a spatial match on the front page that lets you circle areas, choose by lifestyle desires, etc.
Taxes vary here based on location. Anywhere from 2 to 3% of what the county appraises your property for. There are exemptions to reduce taxes, such as homestead, seniors, disabled, etc. In the end, it will vary greatly based on location and owner. Keep in mine we have no income taxes here.
Homeowners can be high. This varies based on your credit and insurance history. I've found online insurance providers who are very competitive. The hail damage from storms can be covered by your home insurance deductible under many occasions. This minimizes your costs to get a new roof. I have lived here since 2005 and haven't had to pay for a roof yet.... so have to take with a grain of salt.
Sorry you had such a bad experience with your buyers agent. I find that if agents feel you may fire them they may work harder! I frequently hear people say they hired a Realtor and then they never saw them again. That just frustrates me as an agent... so I can imagine how angry that must make a buyer or seller.
I would ask for details on the plan to get the home sold. Not what marketing the agent does for themself - what will they be doing to sell YOUR home!
I would attempt to understand if the pricing of the homes makes sense to you. Your a homeowner, potential buyer in the market, consumer. Does the price seem ridiculously high or low? Be careful with this one - pricing homes are hard. A generic price per square foot does not work.
What is their plan of communication with you. How frequently should you look at your competitiveness and what data do they use to advise you.
Most importantly, you must TRUST the person you hire. Not blind trust. But trust. If you don't feel you can trust their judgment then you aren't going to obtain the best representation.
Best of luck. I am an agent who specializes in North West Austin, Cedar Park, Leander and Round Rock. I know great agents all over Central Texas though, and frequently refer clients who know other area's better. Local market knowledge is important!... more