Posts by Elisa Alaniz

78704: The Place To Be In Austin

This is a map of Austin with the area in the 78704 zip code highlighted

The area code of 78704, comprising of such neighborhoods as South Lamar, South Congress, and Zilker Park, is definitely one of the most desirable neighborhoods Austin has to offer when it comes to festivals, music venues, restaurants, shopping, nature, etc. As a highly sought after area in Austin, the 78704 zip code offers many options…

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Renting vs. Buying A Home

This is a photo of apartment in Austin where the first level has a brick facade and the top three floors have vinyl siding

There are many reasons why someone would choose to buy over continuing to rent and vice versa. When making that decision, there are many things to consider. Renting When renting, you are pretty much paying to have a roof over your head. You might not be ready to buy. It could be that although you…

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Costs Of Owning A Home

This is a picture of a miniature house behind stacks of gold coins

There are many things to consider when buying a home. Along with the initial expenses such as purchase price, closing costs, down payment, etc., there are also costs that come after the home is purchased. Here are a few things to be prepared for when owning a home: Homeowners Insurance The annual premium can vary…

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What Stays And What Goes?

This is a line drawing of a house in 3D made of blue lines on a white background

When looking at homes, especially if they’re occupied, you could see many things from furniture to ceiling fans to stoves. Here’s a quick little infographic to show you what typically comes with, or conveys, with the house. Of course, there are always exceptions. If unsure, consult your REALTOR®. Infographic

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HGTV Is Not Real Life

This is the HGTV logo in turquoise

One of the main things buyers focus on is the aesthetics of a home. What kind of floors are there- wood, carpet, hard tile, etc? Are the counters a nice expensive-looking granite or a cheaper-looking typical laminate? The price is usually higher when nicer finishes are in the home.   Many reality shows on HGTV…

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Qualifying For A Loan

This is an image of the words "loan approved" in all green capital letters at an angle from top left to bottom right

The first step before buying a home is to get pre-approved for a mortgage. Here are some things you should know in order to insure you get qualified and see the price range you can shoot for. Employment, past and present, is important when applying for a loan. Don’t change jobs close to or during…

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Who Pays On A Purchase?

This is a black graphic on a white background of a dollar sign with an arrow above pointing to the right and an arrow below pointing to the left

Whether you’re buying with cash, with an FHA or VA loan, or with a conventional loan, the following chart should help you see if you as the buyer should pay or if the seller should pay: closing costs chart

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Clearly Define Your Needs

This picture shows a closeup of a man's legs and feet in dress pants and dress shoes walking towards the word "needs" and away from the word "wants"

Make sure you clearly define your needs before looking for a home. That means tell your REALTOR® what you’re looking for in a home, both your needs and wants. Those are two very different things. For example, you might have a need for four bedrooms if you have several children. However, although it would be…

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Be Realistic About What You Can Afford

white house with a bunch of dollar signs like balloons making it float in the sky

  Now that you’ve worked on your financials, the search begins to find a home in your budget. You should have gotten a pre-approval letter, so now you can begin searching in the right price range. Just because you are approved for a loan up to a certain amount, it doesn’t mean the whole amount…

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Be Financially Prepared

green dollar sign

All real estate transactions are different. And especially for first-time homebuyers, they can be pretty complicated. The next few blog posts will focus on what to do and what to think about before buying a home. Work on your financing as early as possible before taking the leap to purchase a home. This includes saving…

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