Buying a Home In Austin Podcast

About Buying a Home In Austin Podcast

Thinking of buying a home in Austin, Texas, but don't know where to start? You've come to the right place. We'll break it down and at the end you'll feel comfortable about buying that house.

Publisher

Shane Blackshear

Category

business

Language

en

Explicit

No

First episode

26 Jun 2012

Latest episode

8 Jul 2020

Latest episodes

11 episodes in the feed.

1. 

   8 Jul 2020

   Home Ownership as a Part of Overall Financial Health

   Home Ownership as a Part of Overall Financial Health -Appreciating Assets vs Depreciating Assets -Electronics -most expensive MacBook is over $50k!!! -base model MacBook desktop is $5,999.00 (no monitor?!) -Iphone -most expensive iPhone 11 Pro, $1,449.00 -base iPhone 11, $999 -Things you can drive -boat -RV -CARS! - The average car payment for a new vehicle is $554, and the average for a used car is $391 In Austin $250k with 3.5% downpayment = $9,625 (17.37 months of $554 new car payments) A 250k, appreciating at 6% for 30 years = $1,435,872.79 value Renting 3 bed $1,100 x 12 months x 30 years = $396,000 spent

2. 

   28 Apr 2020

   UPDATE! What does Covid19 and the quarantine mean for home buyers in Austin?

   What are prices doing in Austin? Is this a terrible time to buy? What is Freddie Mac saying and what do stats in Austin say? http://www.freddiemac.com/research/forecast/20200413_quarterly_forecast_housing_challenges.page

3. 

   11 Apr 2020

   What does Covid19 and the quarantine mean for home buyers in Austin?

   Covered in this episode: -Great interest rates-less available but less competition-more eager sellers-Will prices keep appreciating? Q&A: I have been wondering what will happen to the housing supply and mortgage rates. If I were to guess I would think that it would make this summer a good time to buy... But maybe everyone else will think that and it won't be? We were planning to buy before this, but it's off the table now for a few different reasons that I won't get into on a public post. If you have any practical hacks for us early 30-somethings who finished college during a recession and for whom the finish line keeps getting moved, I'd listen to that. I'm also really interested in housing that models inter-generational care. I think a lot of us are going to have to explore different avenues to homeownership and having a stake in the community. Follow along at https://www.facebook.com/yourATXrealtor/

4. 

   28 Feb 2020

   Is It a Good Idea To Wait and Save Up for a Larger Down Payment?

   Is It a Good Idea To Wait and Save Up for a Larger Down Payment? Most people know that most owner-occupied homes can be bought with just 3% down, but often I hear from people who want to delay purchasing so that they can save up and put down a bigger down payment to reduce their monthly mortgage payment or avoid paying mortgage insurance. Many times this is a good and responsible idea, but it’s important to do the calculations to see if that’s a good idea for you and your market, because as I’m about to show you in certain situations it could actually cost you money. Let’s say the size and location of the type of house you’re looking for is around $350,000 (near the Austin median). You have the minimum 3% ($10,500) required to buy now, but you think in a year you can save 10% ($35,000) so that your monthly payment will be lower. So far so good. So a year later you have your $35,000 saved and you start looking at the same type of houses, only in the last year those houses have appreciated 8% (a very normal if not conservative rate of appreciation for Austin). So now they aren’t worth $350,000, they’re worth $378,000. In this scenario waiting a year cost you $28,000 in the purchase price. You might say, “Yes, but I still have a larger down payment so won’t my monthly payment be lower.” The answer is, in this scenario, NO! Using a mortgage calculator, we can see that putting 3% down, on a $350k property, assuming 4% interest, your monthly payment comes out to $1,621.00 Now if you put down $35,000 on a $378k property, using the same 4% interest, your monthly payment comes out to $1,638.00 So in this scenario, you waited a year to own a home and it cost you $28,000 in the purchase price plus $17 a month for the life of your loan! If waiting to save for a bigger downpayment makes sense for you depends on many factors including the appreciation rate in your area, and how fast you can save money. To find out what makes sense in your situation, contact me at  shane@centralmetro.com.

5. 

   22 Mar 2016

   First Time Home Buyers Class March 31!

   I'm teaching a home buying class on March 31. Get all the details and register at: AustinHomeBuyersClass.com

6. 

   15 Feb 2016

   Interview with Houston Realtor, Evan Compean

   Welcome Friends!This is the first episode under the new name "Buying A Home In Texas Podcast"!Thanks for joining us. On this episode I interview an excellent Realtor in Houston, TX, Evan Compean. Evan's been a Realtor for 4 years and been in Real Estate for 12. Evan educates us on the Houston market.If you want to contact Evan, you can reach him at:office 281 901 0140mobile 281 901 0140email evan@thebayoucity.comaddress 2323 S Voss St Suite – 120Houston, TX 77057His website is: http://www.thebayoucity.com/Remember if you're looking to buy or sell real estate in Austin, TX you can contact me at:shane.blackshear@kw.com512-550-8765

7. 

   18 Jun 2014

   How to Buy a House in a Sellers Market with Low Inventory.

   4 Steps Covered in this Episode1. Stick with it, and perservere.2. Shop for houses listed lower than what you can afford.3. Don't ask the seller to pay any closing costs.4. Have a particular mindset about the inspection.

8. 

   13 Nov 2012

   What is Title Insurance

   On this episode I talk to Kim from Gracy Title about title insurance. What it is, and why you need to get it. We also talk about HOA's, and everything you need to know about closing day. Enjoy and as also email me if you have questions & feedback or if you need a referral for a Realtor in your area. shane.blackshear@kw.com your-atx-realtor.com Twitter & Facebook: youratxrealtor -Shane Blackshear, Keller Williams, Realtor

9. 

   29 Aug 2012

   Why Have A Buyers Agent?

10. 

    6 Jul 2012

    Mortgages

11. 

    26 Jun 2012

    Home Buying 101

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Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.