By DeeinAustin™

We’re excited to announce big changes to the Texas Realty Blog website!

Upgrades will occur within the next few weeks and completed by end of April. Planning has been in the works since last Fall to create an interactive Austin Real Estate community.

You spoke. We listened. Here is the Press Release Sneak Peak…

"AustinRealEstateToday.com is the virtual
water-cooler and interactive online community for Austin real estate news,
developments, builder alerts, market updates and insight."

Top ‘Austin Real Estate Today’ Features That You’re Going to Love

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By DeeinAustin™

This Friday’s story focuses on Austin custom home builder involved with Maravilla. (NOTE. The builder has not been indicted for charges, so names will be kept anonymous.)

According to readers, local sources, and information available to the public, a ‘Maravilla Builder’ may soon be under investigation by several Texas legal authorities for accusations around their involvement in Maravilla, a subdivision that resulted in Texas Builder Mike Kelly filing bankruptcy.

Kelly confessed to an agreed order from Texas Residential Construction Commission (TRCC) for his actions.

One Maravilla Builder’s license was deactivated in February for reasons unknown to us.

We were told that current accusations from private individuals against a Maravilla  Builder include:

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By DeeinAustin™

Use this guide to learn how to find the best off-market deals in Austin or any U.S city by using common online and offline methods.

"Off-market" homes or investments are those not already listed in your
area’s Multiple Listing Service (MLS), which is provided by your local
Board of REALTORS®. 

If you’re an agent, buyer or investor looking for a good deal in commercial real estate, a home or land, non-MLS listings are the holy grail. You should also read our previous article on 33 Ways to find a Motivated Seller.

Top 10 Ways to Find Off Market Deals for the Best Price on a Home, Land, or Commercial Real Estate Property.

NOTE: If you’re not an agent, you may need to get one to assist you.

10. "Drive for Dollars". Drive your area every 7 to 10 days to check for changes. Is there a new "For Sale By Owner" sign? Newspapers piling up on a doorstep? Home gone further into disrepair? Home being fixed up a little? You may have an owner ready to sell soon.

9.Out-of-town owners. Check your tax appraisal
records for owners with addresses in another state or city. Send them a
letter or offer directly. The further they live, the better the
deal.

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By DeeinAustin™

Last month, I reported that home sales in North and South Austin were doing well despite a down market from last year. At that time, previously "hot" areas such as Central East Austin and the South Congress area (78704) were suffering. Those trends continued in February.

View the Slideshow for the latest Austin real estate market statistics, based on February MLS data from the Austin Board of REALTORS®. Click to Download the February Update (copywritten).

| View | Upload your own

AUSTIN REAL ESTATE MARKET SUMMARY- FEBRUARY 2008

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NOTE: This article is part of the forthcoming book, the Gotcha Guide™ to Buying or Investing in Real Estate. by DeeinAustin™

Imagine this scenario. You just moved into your new home at 123 Main Street a few days ago. The garage is filled with boxes, you haven’t yet found the nearest post office, and all of your new neighbors still look suspicious.

You go to the mailbox to find an over-sized postcard in your mailbox. It’s from your buyer’s agent. They sent it to the entire neighborhood. The postcard reads, "I just SOLD 123 Main Street for $354,500!"

GASP. All of your neighbors now know exactly how much you paid for your home!

But they can’t do that! Texas is a non-disclosure state, right?

The short answer: YES! Texas is a non-disclosure state. BUT: According to the National
Association of REALTORS®, being a non-disclosure state does not
preclude anyone from publishing sold information. It means we are not
REQUIRED to put sold information in public records.

WHY NATIONAL ASSOCIATION OF REALTORS® (NAR) STEPPED IN TO CLARIFY TEXAS NON-DISCLOSURE

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