North Austin, Cedar Park and Pflugerville real estate and homes for sale in Texas - The Jim Morelli Team, REALTORS® The Jim Morelli Team REALTORS(r) for North Austin, Cedar Park and Pflugerville, Texas real estate - NUMBER1EXPERTS™ The Jim Morelli Team NUMBER1EXPERTS(tm) for North Austin, Cedar Park and Pflugerville, Texas real estate
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The Jim Morelli Team, REALTOR®, real estate agents and broker for North Austin, Cedar Park and Pflugerville Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
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Ask Anything: North Austin, Cedar Park and Pflugerville Texas home buying, real estate listings, and homes for sale in Travis County, TX
Welcome > Resources > Frequently Asked Questions ...


1. Can’t I get a better price by dealing directly with the listing agent? 

No. The commission is set by the listing agreement. 

2. What are the advantages of using a Realtor versus doing it myself?  

We are knowledgable about value, condition, areas, resale, and more.

3. How do I know how much home I can afford?  

We can have one of our lender partners show you.

4. Is an older home a better value than a new home?  

Sometimes, but not always. It usually takes a trained professional to make those determinations. 

5. What does a home inspector do?  

Checks for defects and overall condition. 

6. Do I need to use an attorney?  

A Realtor can’t give legal advice, but the contract is drawn up by attorneys and the Real Estate Commission. 

7. How can I find a home that is priced well below market?  

Hire us. 

8. When we find the right home how do we make an offer? What is the process?  

We write a formal offer and submit it to the seller agent or builder. 

9. How many days has the home been on the market?  

When we represent you we can provide you with this information. 

10. How quickly can I be in a new home?  

Fourteen days with The Jim Morelli Team. 

11. Can I get out of my rent?  

We can settle your lease early for you. 

12. What part of town is the best to live/invest in?  

It depends on your needs. Let us evaluate them for you. 

13. How much less should we offer than the asking price of a home?  

The general rule of thumb is 5-10% less. 

14. Can we get them to throw in other appliances, lawnmower, etc.?  

Yes. We’ll show you how. 

15. When will my first payment be?  

Thirty to forty-five days or longer if you wish. 

16. What do I need to bring to closing?  

Your I.D. 

17. What do I get for my Homeowner’s Association Fee?  

It depends on the HOA, which can provide you all the necessary information. 

For a list of helpful phone numbers, including utilities for most local areas, please click the following link (Adobe Acrobat is required for viewing):  

Helpful Numbers 

If you have a question that you don't see answered you can ask it with the form below, or call us directly at 512-744-4153. 


 

 

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Real Estate Tips
Titles >Joint Tenancy

When two or more individuals own property together, each one owning an equal interest and having equal rights in the property including the rights of survivorship, it is referred to as joint tenancy. Any of the joint tenants may transfer his or her interest in the property to another party, but this dissolves the joint tenancy and creates a tenants-in-common interest with respect to the other parties whose names are on the title.

The most important feature of joint tenancy is the right of survivorship. A joint tenant cannot will his or her interest in the property to others. The surviving joint tenant (or tenants) simply becomes the owner or owners of the property without going through the probate process, which can involve expensive legal fees and may take months to resolve.

It is important to get professional advice when you plan to buy and hold title to real estate with another person.

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Real Estate Trivia
Q 
What is a "jumbo mortgage"?

A 
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
See More Real Estate Trivia >

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The Jim Morelli Team, REALTOR®, real estate agents and broker for North Austin, Cedar Park and Pflugerville Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jim Morelli Team
RE/MAX Capital City

13018 Research Blvd.
Austin, TX. 78750
Phone: 512-744-4153
Fax: 512-331-7480
Email: jmorelli@NUMBER1EXPERT.com

Jim Morelli is a Top Producer in the Austin market place. I understand that home is about life - YOUR life. This means that when buying or selling your home the quality of YOUR personal experience matters greatly. You will find a passionate and attentive group of professionals with the Jim Morelli Team, powerful technologies, and the most comprehensive line of related services in Central Texas. This unique combination enables us to provide you with the most valuable thing of all - a great personal experience!

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