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Some of you area aware that the USDA Rural Housing Loan Program itself is out of money, but what you may not know is that a smart home builder, Main Street Homes managed to reserve some of those funds and they still have some of it left! Main Street Homes’ Kyle, TX community, Post Oak, not only has the USDA funds, they have $3,000 available for you to use towards closing costs, if you can cover those costs yourself and don’t need the cash, you can opt for the Housewarming Package which includes a washer, a dryer, a laptop computer plus a lot more. That’s not all! They can help you use the up to $8,000 Tax Credit towards your closing costs as well. Where is Post Oak? This community is located is Southeast Kyle off of Fm 150 at 177 Stennis. What’s it like? It’s a small community with mostly one story homes, has sidewalks, floorplans are very functional. Be sure to read my page on home buying.
DR Horton is one of Austin’s most successful home builders. They offer good quality homes in the areas that Austinites love. With great architectural DR Horton currently is offering some great homes in various locations throughout Austin. In Circle C Ranch’s Alta Mira section, DR Horton is building some great homes, some even back to a park area. These homes start in the high $300,000 range and are well worth a tour. Just south of Slaughter LN off of Manchaca Rd in South Austin is Sweetwater Glen. This detached condo community features the Bungalow Style architecture, back yards, great upgrades, and the option of forgoing a tub in the master bath and having a large shower installed instead. Home prices start in the high $180,000s and go up to the high $210,000s.
The Village at Kyle shopping center, which is under construction, is within 5 minutes, the new Kohls and Target are very close by as well. Prices start in the low $140,000s and go up to the low $160,000s. DR Horton has numerous communities throughout the Austin Area, contact me soon and I will help you find the community to fit your needs. Why use an Agent to purchase a new home? The advantages of having an agent help you purchase a new home are the same as those for purchasing a resale home…
The builder has a professional representative watching out for his/her needs, and you need the same expert representation. It is very important that your interests be professionally represented when you are entering into a contract for a semi-custom or build-to-suit home. These transactions are complex and the contract details must be exact in order to protect you and to ensure you get exactly the home you want! DR Horton is one of Austin’s most successful home builders. They offer good quality homes in the areas that Austinites love. With great architectural DR Horton currently is offering some great homes in various locations throughout Austin. In Circle C Ranch’s Alta Mira section, DR Horton is building some great homes, some even back to a park area. These homes start in the high $300,000 range and are well worth a tour. Just south of Slaughter LN in South Austin is Sweetwater Glen. This detached condo community features the Bungalow Style architecture, back yards, great upgrades, and the option of forgoing a tub in the master bath and having a large shower installed instead. Home prices start in the high $180,000s and go up to the high $210,000s.
The Village at Kyle shopping center, which is under construction, is within 5 minutes, the new Kohls and Target are very close by as well. Prices start in the low $140,000s and go up to the low $160,000s. DR Horton has numerous communities throughout the Austin Area, contact me soon and I will help you find the community to fit your needs. Why use an Agent to purchase a new home? The advantages of having an agent help you purchase a new home are the same as those for purchasing a resale home…
The builder has a professional representative watching out for his/her needs, and you need the same expert representation. It is very important that your interests be professionally represented when you are entering into a contract for a semi-custom or build-to-suit home. These transactions are complex and the contract details must be exact in order to protect you and to ensure you get exactly the home you want! My sister, who works for HUD in Atlanta, sent me an email this morning asking me to pass a message along that there is a website claiming to be HUD owned, but it is a scam. If you see this website be aware that it is not affiliated with HUD in any way. The link below will take you to the fake website.
If you are looking for low priced homes in desirable locations, Main Street Homes offers you are looking for. Parkridge Gardens is located just off S Congress St near South Park Meadows, this community features single family homes with current available inventory priced from the mid $130,000s to the high $170,000, with square footage from just over 1,000 to more than 1750. These homes are very well laid out and some are on large lots. Downtown Austin is only a few minutes away and Mary Moore Searight Metropolitan Park is very close by as well.
Both neighborhoods are offering zero down move in. Speaking of zero down, it is not solely responsible for the current issues within the housing market. Other issues like inflated appraisals, taxes on the structure not being included in the quoted monthly payment, uneven supply and demand which lead to crazy inflation of home prices (this didn’t happen in Austin!), Adjustable Rate Mortgages (ARMs), plus a host of other issues. If you use a zero down program and get a fixed interest rate loan, plus make sure that the taxes on the structure are included in your quoted monthly payments, you should do just fine under normal circumstances; steady job and income, no unexpected life issues, etc.. Homes are very affordable right now so now is the time to buy. Waiting until the market is stronger means waiting until prices go up. When something that you want is on sale for a lower price you buy it right? You don’t wait until the sale ends and the price goes back up do you? Don’t miss out on this opportunity! More than few people have told me that they are concerned about buying a new home because they are afraid that the builder will go under which means that they would lose their home warranty. This is a valid concern as at least one builder who built some condos in Cedar Park, TX just up a left one day and the residents of the property can’t find them. My advice is to negotiate a third party home warranty into the contract, that way everyone is happy. Here’s an article courtesy of Real Estate Center Online News.
What if the builder does not own the preferred mortgage brokerage? You can still get a lower rate, but for a different reason. Volume. The mortgage company will make less money per loan, but are willing to in exchange for a high volume of loans. Basically, this can be good for you, but it all depends on whether or not you have a long history with a lender that you would prefer to work with. But if you are a first time buyer, you are interested in buying a new home, and you are most interested in the best deal, the builder’s lender may work best for you. Parkridge Gardens, located off S Congress St near Slaughter LN in south Austin, TX, is a smaller neighborhood which will have around 150 homes at completion. Prices start in the high $130,000s and go to the
Shopping and dining is very convenient to the neighborhood with South Park Meadows and Walmart located within one mile, and enjoying the outdoors is very easy with Mary Moore-Searight Metropolitan Park just down the street. I have previewed these homes, and more than half are already sold, contact me soon if you would like take advantage of this opportunity.
I toured the inventory homes today, and while they aren’t quite finished they are lovely. Picture a master bedroom closet with built-in storage, large kitchens with more than ample counter space, large kitchen pantries , Jack & Jill baths, art niches, gorgeous stone fireplaces in a bright sunny floor plan. Priced at just over $550,000 to just under $572,000 and with 3811-3637 square feet these homes are waiting for you. You have to see! Contact me for a private showing. Keller Williams Realty is not affiliated with Scott Felder Homes. |
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Local custom home builder Scott Felder has some inventory homes available in February 2009 at the beautiful Estates of Bear Creek community located just off Brodie LN south of Shady Hollow. These homes feature porcelain tile in all of the bathrooms and kitchen, and granite countertops plus lots of high end features including side entry three car garages.