Buyer's Guide

Preparations and expectations for a seamless home purchase.

Whether you’re relocating for work, investing in multiple properties, or are a first-time homebuyer, there are many ways to simplify the homebuying process. While purchasing Austin real estate can be a bit daunting, there are ways to ensure you are prepared to find the home of your dreams. This guide will help you feel at ease about your luxury Austin home purchase. We’ll go over preparations and what you can expect from the home buying process.
 

Qualify to Buy

 
There are several ways to get ready for a home purchase, and they all involve getting your finances in order. The more prepared you are, the higher the chance a seller will choose you to purchase their beautiful Austin home. Here’s what to get in order before buying a property:
 
  • Spruce up your credit. A lender will do a thorough credit check before lending you money to buy a home, so it’s essential to have excellent credit to receive the best possible rates. Here are some important questions to ask your mortgage lender.
  • Save, save, save! Homebuyers are typically asked to put down 20% of the sale price in addition to closing costs. Your real estate agent will give you the breakdown of all associated costs.
  • Get pre-qualified. Your finances will be assessed to see the mortgage you qualify for. You need to call and have info about your assets, debt, and income handy.
  • Get pre-approved for a loan. After pre-qualification, work with a lender to receive a good faith estimate of the amount you can borrow. Bring bank statements, pay stubs, tax returns, and all necessary financial documentation to your appointment.

The Buying Process

 
Now that your finances are in order, it’s time to initiate the home-buying process. Here’s what to expect when purchasing Austin real estate with Grimes Group Austin’s assistance.
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1. Choose a real estate agent

Considering that buying a home is one of the biggest, life-changing decisions, it’s crucial to work with a real estate professional you can trust. Grimes Group Austin will aid you during each step, using their local expertise, experience, and attention to detail to find the Austin luxury home of your dreams.

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2. Express your must-haves in a property & neighborhood

Be transparent about your home and neighborhood needs when sitting down with Grimes Group Austin. Do you have children and need to live near excellent schools? Are you a couple of empty-nesters who wish to live in the center of the action? Do you need a large yard for entertaining or do you prefer a luxury condo? Be specific to ensure you find the perfect fit.

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3. Qualify for a loan

Your Grimes Group Austin professional will guide you through this process. Sellers often request pre-approved letters when an offer is presented.

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4. Submit a persuasive offer

Making an offer on a home is no easy feat. Fortunately for you, the Austin real estate market favors buyers, making it easier to find an ideal residence. Once found, all forms and documents will be signed and provided to you by your real estate agent. Your agent will use their excellent negotiation skills to find an agreeable sales price among all involved parties. Every detail will be handled, from signing paperwork to choosing a qualified home inspector.

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5. Close the sale

Your Grimes Group Austin representative will advocate on your behalf from start to finish. You will undoubtedly be satisfied beyond your expectations when working with this fantastic real estate company on your next Austin real estate purchase.

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6. Make an Offer

Once you have selected the perfect home, work with your agent to craft a fair offer based on the value of comparable homes on the market. Depending on what the home is listed at and whether the current environment is a buyer’s or seller’s market, your offer may be below, at, or even above the asking price. I will be able to help you negotiate if you receive a counteroffer and reach an agreement. At this point, the house will go into escrow.

Complete Buyer's Package

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WHAT OUR CLIENTS SAY
Lizz has been absolutely amazing to work with! We used her to sell our home and buy a new one. She is extremely professional to work with but also very personable with a genuine interest in doing what is best for the client. We never once doubted that she had our best interest in mind. She is very knowledgeable about the market and has many great connections and relationships with other professionals in ...

— Jen B.

WHAT OUR CLIENTS SAY
I was looking for a very particular type of property, something that wasn't in high supply. Lizz helped me over the course of years to find exactly what I wanted. She was always in my corner, always available when needed, always represented my interests with skillfully measured tenacity, and was truly kind, thoughtful, and understanding through the process. Lizz regularly went out of her way to build ...

— George C. H.

WHAT OUR CLIENTS SAY
We are an Austin-based developer with multiple projects under our belt and have worked with many brokers around town. I can say with absolute certainty that Lizz and her team have been the best, in multiple parts of the city and at multiple different price points. When we first found Lizz, we had hired her team after firing two other highly qualified realtors on a multi-unit project in Bouldin, both of w...

— Gahl S.

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By providing Grimes Group Austin your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.
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GRIMES GROUP AUSTIN

 

[email protected]

(512) 659-2111

 

[email protected]

(512) 774-9991



100 Congress, 14th floor

Austin, TX 78701

AUSTIN REAL ESTATE