Real Estate 101
Basic Real Estate Transaction Information
Welcome to Real Estate 101. Here we explain the sometimes complicated process of buying or selling a home, and offer guidance for every step of the way. Please be sure to also check out the information we provide for specific real estate activities found elsewhere on our site:
- Information for Buyers
- Information for Sellers
- Information for those looking to Relocate
- Information for Investors
- And our Resources section offers additional tools, information, and
real estate resources that you will find helpful.
- You will find links to additional tools and information in the sidebar to
the left.
There are some common elements involved with every real estate transaction, no matter how large or small. If you are buying, these steps include:
- Enlist the aid of a Realtor — it costs you nothing and will save you unnecessary expense and grief
- Determine your needs and requirements
- Determine what you can afford (Mortgage Calculator)
- Go through the Loan Pre-Qualification process
- Now you can look at properties — both online and in person
- Work with your Realtor to negotiate price and terms of the purchase before making your offer
- Obtain the required inspections
- Complete as much paperwork as possible before the closing
- Close the deal
- Move into your new home
If you are selling, these steps include:
- Enlist the aid of a Realtor — this will save you unnecessary expense
and grief
- Determine the optimum selling price for your property through a close review with your Realtor and a CMA
- Prepare the property for sale — curb appeal and selling points
- List the home on the Pride of Texas website, through the MLS, and via professional Realtors
- Schedule and conduct home tours
- Work with your Realtor in evaluating offers from pre-qualified buyers
- Facilitate the required inspections
- Close the deal
- Move from the home
Please call or with any questions you may have and we will do our very best to serve you. Thanks for visiting our site and we hope to hear from you so that we can work together to find you your dream property.
Sponsoring Broker: Austin Texas Homes LLC
 
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