Table of Contents

Buy a Home in Austin with Shipman Partners

Last updated: November 2025 – information reflects current Austin buyer rules and loan options.

Start Here: What You Get When You Buy With Shipman Partners

Buying a home in Austin should feel personal, not transactional. As a boutique, family-owned brokerage, we treat you like family, not a lead in a CRM. We take time to understand your story, your timing, and your priorities so every home we recommend aligns with what matters most to you.

Zillow is great for browsing. But it can’t walk a property with you, spot the red flags photos don’t show, or negotiate terms that protect your interests. That’s where we come in. We know Austin’s neighborhoods, schools, market trends, and the real numbers behind every listing. We give you the context and clarity algorithms can’t.

You’ll get the best of both worlds: high-touch service paired with smart technology. That means data-driven market guidance, customized search tools so you never miss the right home, and clear explanations at every step, from your first tour to closing day.

Most buyers start their search online, but they close with an agent they trust. We’re here to be that trusted guide, bringing you the insights, negotiation power, and peace of mind you need to buy with confidence.

2024–2025 Buyer Rules: Explained in Plain English

Why You Sign a Buyer Agreement Before Touring Homes

If you’re shopping for a home listed in the MLS, your agent is now required to have a written agreement with you before you tour any property in person or by live video. That agreement must spell out what services you’ll receive, how long it lasts, and how your agent will be compensated. The goal is simple: you should know exactly who represents you, what they do for you, and what it costs before you start looking at homes.

At Shipman Partners, we treat that agreement as a plain language service plan, not a pile of legalese. We walk through what we’ll do for you, how we handle showings, offers, negotiations, and follow up. We answer your questions before you sign anything. You stay in control of the relationship and the terms.

How Agent Compensation Works Now

Under the new rules, listing agents and sellers can no longer advertise offers of compensation to buyer agents inside the MLS. That doesn’t mean buyer agents stopped getting paid. It means the buyer agreement and the purchase contract are now where compensation is discussed and negotiated. Your agreement with us states what our fee is and how we’ll seek to have it paid. Then we work with you and the seller side to structure it as part of the overall deal.

In many transactions, sellers still agree to cover some or all of the buyer agent fee, often as a seller concession at closing. They do this because they want access to represented buyers and a smooth path to the finish line. In other cases, buyers contribute part of the fee themselves or use a mix of seller concessions and their own funds. The key point is that the fee is negotiable, it must match what you agreed to in writing with your agent, and you’ll see it clearly in your paperwork rather than buried in the background.

A Special Note for VA Buyers

For years, VA buyers weren’t allowed to pay real estate commissions directly, which put them at a disadvantage if a seller didn’t offer to cover the buyer agent fee. In 2024, the Department of Veterans Affairs issued a temporary policy change that now allows eligible VA buyers to pay certain buyer broker fees on purchases that go under contract on or after August 10, 2024. The goal is to keep VA buyers from being pushed out of the market when seller paid compensation isn’t on the table.

If you’re using a VA loan in the Austin area, we coordinate closely with your lender so that your buyer agreement, your closing costs, and your VA loan rules all line up correctly. You’ll know in advance what your potential costs are and what options you have to ask the seller to contribute.

How We Keep This Simple for You

This is a lot of change in a short period of time. Our job as a boutique, family owned brokerage is to take the national rule changes and translate them into a clear plan for your specific purchase in Austin. In your first meeting with us, we’ll show you a sample buyer agreement, explain how compensation is handled in our market today, and answer your questions in plain English.

For more detail, scroll to the Buyer FAQ section on this page, or simply ask us to walk through how these rules would work for your situation.

Your 8-Step Buying Roadmap

Buying a home in Austin is a big decision, and the process has a lot of moving parts. Our job is to give you a clear path from the first conversation through closing so you always know what comes next.

Step 1: Discovery and Strategy Session

We start with a simple conversation. We learn about your goals, timing, budget, and how you like to communicate. We talk through the Austin neighborhoods that interest you, school and commute needs, and what a successful purchase looks like for you. At the end of this meeting, you have a clear outline of the process and a custom plan, not a generic script.

Step 2: Financing and Pre-Approval

Next, we help you get your financing in order. A strong pre-approval letter gives you a realistic price range, helps you compare monthly payments at different price points, and positions you as a serious buyer when it’s time to write an offer. If you don’t already have a lender, we can introduce you to trusted local and national options who understand the Austin market and current guidelines. You stay in control, but you’re not left to figure it out on your own.

Step 3: Smart Search Setup

Once your budget is clear, we set up a smart home search that matches your criteria. Together we refine neighborhoods, school preferences, home size, age, and features, then create tailored alerts so you see new listings quickly. We bring in local knowledge about streets, micro-pockets, and upcoming changes that you won’t see on a national portal. The goal is simple: fewer random listings, more homes that actually fit.

 

Location is Everything.

You aren't just buying a house; you're buying a neighborhood, a commute, and a school district. We've broken down the pros, cons, and price points of the areas we serve most.
Research
Step 4: Touring Homes

When homes that fit your criteria hit the market, we schedule showings around your schedule. During tours we look beyond the photos and staging. We point out layout details, condition issues, possible repair items, and resale considerations that may affect your long-term satisfaction. We also talk through the pace of the Austin market in your price range so you know when it makes sense to move quickly and when you can take a breath.

Step 5: Crafting a Winning Offer

When you find the right home, we help you craft a strong offer. We review recent sales, current competition, and how long the property has been on the market. Together we decide on price, timing, and key terms such as option period length, earnest money, and any seller contributions you may want to request. Your offer package is designed to be competitive while still protecting your interests.

Step 6: Negotiation and Acceptance

If the seller counters, we walk you through each change and discuss your options. We explain the tradeoffs so you can decide when to stand firm and when to compromise. Because we’re a boutique brokerage, you always know who is negotiating for you and you can reach us when you need to make decisions. Once all parties agree and sign, you’re officially under contract.

Step 7: Due Diligence

The period after you go under contract is where many buyers feel the most stress, so we stay especially close. We help you schedule inspections, review inspection reports, and decide which items to negotiate with the seller. We track appraisal, loan underwriting, title work, and contract deadlines so you don’t miss important dates. Our goal is to uncover issues early, address them calmly, and keep your purchase on track.

Step 8: Closing and Move-In

As closing approaches, we help you prepare for the finish line. We coordinate your final walk-through to confirm the home is in the expected condition. We review your closing figures with you so there are no surprises at the table. After closing, we make sure you have what you need for utilities, keys, and immediate next steps. Our relationship doesn’t end when you get the keys. We want to be your first call for future questions about contractors, property taxes, homestead exemptions, upgrades, and the Austin market in general.

Financing Essentials: Getting Your Numbers Clear Up Front

Most buyers start by browsing homes online before they ever talk with a lender. The problem is that list prices don’t tell the whole story. Before you fall in love with a house, we want you to be clear on what you can comfortably afford, what your payment might look like, and how much cash you really need to bring to the closing table.

Pre-Qualification vs. Pre-Approval

A pre-qualification is an early, informal estimate based on information you tell a lender about your income, debts, and savings. It can be useful for initial planning, but it’s not strong enough to support an offer in today’s market.

A pre-approval is a deeper review. The lender verifies your income, credit, and assets and issues a written letter that states the amount you’re approved to borrow. Sellers and their agents see a true pre-approval as a sign that you’re serious and that your financing has already passed a first round of checks. That’s why we encourage buyers in Austin to secure pre-approval before they start touring homes they’d be ready to buy.

Typical Down Payment Paths

There’s a wide range of loan options. Some common examples include:

Many conventional loans for first-time buyers allow as little as 3 percent down through programs like Conventional 97, which finances up to 97 percent of the home price.

FHA loans often allow qualified buyers to put 3.5 percent down, with higher down payments required for lower credit scores.

Eligible veterans and active duty service members can often use VA loans with no down payment requirement, although they still pay closing costs and may owe a VA funding fee unless exempt.

The old idea that you always need 20 percent down isn’t the reality for many buyers today. The right option depends on your credit profile, budget, and how long you expect to stay in the home. A good lender will help you compare the monthly payment, cash to close, and long-term cost of each path.

Down Payment Assistance in Austin and Across Texas

If your income and price range fit certain guidelines, you may also be eligible for down payment or closing cost assistance. Austin buyers can explore programs such as:

  • City of Austin homebuyer assistance, which can provide down payment and closing cost help for income-eligible first-time buyers within city limits.
  • Travis County’s Hill Country Home Down Payment Assistance Program, which supports purchases anywhere in Travis County, including the City of Austin.
  • Statewide options from the Texas State Affordable Housing Corporation and the Texas Department of Housing and Community Affairs, which offer fixed-rate loans, grants, and mortgage credit certificates through approved lenders.

These programs change over time and each has its own income limits, purchase price caps, and education requirements, so it’s important to check current details rather than rely on word of mouth.

How We Help You Get Started

We’re not a lender, but we work side by side with them every day. In your first meetings with us, we talk through your budget, your comfort level, and any questions you have about down payments and monthly payments. If you’d like, we can introduce you to trusted Austin area lenders who can walk you through your options, including any assistance programs that might fit your situation. Our role is to make sure the financing side supports your goals and that you understand the numbers before you start writing offers.

⚠️ "Deal Killers": 3 Things That Can Ruin Your Approval

❌Do NOT buy a car ❌Do NOT change jobs ❌Do NOT move large sums of cash [Do Read the Full List: 10 Things You Must Never Do Before Closing]
Do NOT...

Smarter Home Search: Why Use Our Site Instead Of The Portals

Most buyers start online, but not all home search sites are the same. ShipmanPartners.com uses a professional-grade home search powered by Showcase IDX, which pulls listings directly from the MLS. That means you get accurate, up-to-date information without being treated like a lead to be sold.

What You Get with Our Home Search

Your Info Stays with Us, Not Sold to the Highest Bidder

When you register on our site, you’re talking to Shipman Partners and only Shipman Partners. We don’t sell your contact information to other agents or marketing companies. Many large portals and lead platforms make money by sending your inquiry to one or more paying agents, who then compete to call, text, and email you as quickly as possible. Their own training materials describe how they route and work “leads” to help advertisers convert them into clients. With us, you won’t have three different agents from three different companies fighting over the same non-exclusive lead. You’ll have one local team that already knows your name, your searches, and your goals.

Direct MLS Data, Not Stale or Missing Listings

Our search connects directly to the MLS through IDX, the same database agents use every day. IDX feeds are designed to deliver accurate, timely listing status and details straight from the source. In contrast, big national portals aggregate data from a mix of feeds and syndication, which can lead to missing listings or homes that show as available even though they’re already under contract or sold. On our site you’re far less likely to fall in love with a home that’s already gone.

A Search Experience Built Around Austin Buyers, Not National Ads

Portals are built to serve the entire country and to maximize ad impressions. Our site is built for the Austin area and for people who want real help here. Because our search is powered by Showcase IDX and tuned for our market, we can highlight the neighborhoods, price ranges, and property types that actually matter in northwest Austin, Cedar Park, Leander, Round Rock and the surrounding areas. Our IDX tools are designed to keep buyers engaged by giving them a better, more focused experience than they can get from Zillow.

Clean Results Without Confusing Agent Ads

On many portals, the agent you see next to a listing is often an advertiser, not the listing agent and not necessarily a local expert. Some consumers have been frustrated to learn that their inquiry was shared with agents they didn’t choose. On ShipmanPartners.com you know exactly who you’re dealing with. The listings come directly from the MLS. The guidance comes directly from our small, local team.

Saved Searches That Turn Into Real Help, Not More Noise

When you save a search or favorite a property on our site, we see what you’re looking at and can reach out with context, not canned scripts. We can tell you if a price looks aggressive for the area, if a street has heavy cut-through traffic, or if a listing has been sitting because of something you can’t see in the photos. IDX based home search is most powerful when it’s paired with a local advisor who knows how to interpret the data behind the listings.

Bottom Line

Use our site when you want accurate Austin listings, a focused search experience, and one boutique, family-owned brokerage that treats you like a person instead of a sellable lead. Once you have your search set up, scroll down to see the latest listings in Austin and start exploring on your terms.

Making an Offer: Price, Terms, and Strategy in Today's Market

When you’re ready to write an offer in Austin, it’s not just about picking a number. Sellers look at the full package: price, timing, contingencies, and how likely you are to get to the closing table without drama. Our role is to help you put all of those pieces together so your offer is strong without exposing you to unnecessary risk.

Start with Price, Grounded in Data

We begin by looking at recent comparable sales, current active listings, and how long homes are taking to sell in the immediate area. Then we factor in the specifics of the home you want, including condition, updates, and any competition we know about. The goal is to choose a price that fits the data, respects your budget, and makes sense for the level of demand we’re seeing right now.

Appraisal Gaps: When Value and Price Don’t Match

If you’re getting a mortgage, the lender will order an appraisal to confirm the value. An appraisal gap is the difference between the appraised value and the price you and the seller agreed to in the contract. In a competitive market, it’s not unusual for contract prices to end up higher than appraised value.

If that happens, you usually have a few options: try to renegotiate the price, bring in extra cash to cover some or all of the gap, or use an appraisal contingency to walk away and recover your earnest money if the numbers no longer work for you. Some buyers strengthen their offer by including an appraisal gap clause, which says in advance how much of any shortfall they’re willing to cover out of pocket. Done carefully, this can help you stand out, but it also means committing extra cash if the appraisal comes in low.

We won’t suggest an appraisal gap strategy without first looking closely at the local data and your comfort level. You should never feel pressured to cover a gap that would leave you stretched too thin.

Escalation Clauses: Competing Without Guessing Too High

In multiple offer situations, an escalation clause can be useful. It’s an addendum that says something like: “We’ll pay a certain price for this home, but if the seller receives a higher bona fide offer, we’re willing to increase our price by a set amount above that offer, up to a maximum cap.” That lets you stay competitive while avoiding a blind guess at how high you need to go.

Escalation clauses work best when they’re written clearly, require proof of the competing offer, and tie back to your comfort level and pre-approval. They’re not a magic solution. A seller may still pick a different offer because of stronger cash reserves, fewer contingencies, or a cleaner timeline.

We’ll walk you through when an escalation clause makes sense in Austin and when a straightforward, well-structured offer may be the better choice.

Using Contingencies to Protect Yourself

Contingencies are the “if this, then that” protections built into your contract. Common ones include:

Inspection contingency, which gives you time to hire professional inspectors and request repairs or credits, or walk away if serious issues appear.  In Texas, this is know as the Option Period.

Appraisal contingency, which allows you to renegotiate or cancel if the appraisal comes in below the contract price and the seller won’t adjust or if you can’t or don’t want to cover the difference.

Financing or mortgage contingency, which protects you if your loan is denied despite a good faith effort to secure financing. Many experts, including us, caution against waiving this unless you truly have the ability to close in cash or absorb the full risk yourself.

In a hot market, some buyers are tempted to waive protections to look stronger. There’s always a tradeoff between making your offer attractive and keeping enough safeguards in place. Our approach is to explain those tradeoffs in plain language and help you choose a structure that fits your risk tolerance, your finances, and the specific property.

How We Build Your Offer Strategy

When you’re ready to write an offer, we’ll sit down and walk through:

  • Your walk-away number and your ideal number and determine an offer price.
  • How much cash you’re comfortable using for earnest money, option money, and any possible appraisal gap and we’ll provide guidance.
  • Which contingencies you want to keep, which you might be willing to tighten, and which you shouldn’t remove.
  • Closing dates, lease backs, and other timing pieces that can make your offer more appealing without costing you extra money.

By the time the offer is drafted, you’ll know not only what you’re offering, but why each part of it is written the way it is. Allen Shipman, our sponsoring broker and active buyer’s agent, is a Certified Negotiations Expert (CNE), which means you have someone in your corner who’s specifically trained in the strategies and tactics that make offers win. Our goal is for you to feel confident signing your name because you understand both the strategy and the safety nets built into your contract.

Inspections, Appraisal, and Closing Timeline

Once your offer is accepted, things get very real very quickly. This is usually the most exciting and the most stressful part of buying a home. Our goal is to slow things down mentally, even while the paperwork is moving fast.

Home Inspections: What Really Happens

Most buyers have a short inspection window written into the contract, often around 5 to 10 days to schedule inspections and respond to the seller, although the exact number of days is set in your agreement.

A standard home inspection usually lasts around 2 to 3 hours on site, depending on size and condition, and results in a detailed written report covering major systems and structure.

In Austin and across Texas, a general home inspection for a typical single-family home often falls in the $300 to $600 range, with many Austin inspections quoted between about $400 and $650 depending on size.  Add-ons like termite inspections, sewer scope, or septic inspections will add additional costs depending on the scope.

We strongly encourage you to attend the inspection if possible. It’s one of the best chances you’ll have to learn how the home actually works, beyond what you see at showings.  It also allows the inspector to point things out to you directly at the time of inspection.  Unless you’re burchasing a new home, the inspection report will likely have a number of issues flagged that are related to code changes that have occured since the home was constructed. The inspector can point out which items he is concerned with and which ones are nice to know.

How We Walk Through the Report with You

This is where we lean in, not step back. When the inspection report arrives, we don’t just forward a link and tell you to skim it. We set aside time to go through it page by page with you.

Together we’ll separate true safety or major condition issues from minor maintenance and normal wear, flag items that matter most to future resale or long-term costs, and talk through what’s typical for Austin homes of that age and price versus what’s a genuine red flag.

Inspection reports are meant to educate you about condition, maintenance, and potential future issues. Once we have a clear picture, we help you build a plan. That might include asking the seller for specific repairs, a repair credit, a price adjustment, or sometimes choosing to walk away if serious problems can’t be resolved within your comfort level. Negotiating after inspection is normal and widely recommended as a way to avoid expensive surprises later.

The bottom line we want you to feel is this: you’re not reading that report alone. You have a team beside you, helping you decide what matters and what doesn’t.

Appraisal: The Lender’s Value Check

If you’re financing the purchase, your lender will order an appraisal after you’re under contract. An appraisal is an independent opinion of value that helps the lender confirm the home is worth roughly what you’re paying. Appraisers are licensed third parties who don’t represent the buyer or seller. Their job is to give a fair, professional estimate of market value.

In Texas, many single-family appraisals fall in a range of roughly $400 to $700, and they’re usually paid by the buyer as part of closing costs.

A typical pattern is: inspection completed in the first week after going under contract, then appraisal scheduled and completed roughly 7 to 14 days after inspection, depending on lender and appraiser availability.

When the appraisal comes in, there are three main outcomes: at value, above value, or below value. If it comes in low, we circle back to the strategy we discussed in your offer section and talk through renegotiation, covering some gap, or using any appraisal contingency you have in place.

Typical Contract to Closing Timeline

Most financed purchases take about 30 to 45 days from accepted offer to closing, depending on loan type and how smoothly inspections, underwriting, and title work go.

A common high-level timeline looks like this:

Days 1 to 3: Earnest money and option/inspection fee paid into escrow, loan file started

Days 1 to 10: General inspection and any specialty inspections, repair negotiations, final decision to move forward within your contingency window

Days 10 to 25: Appraisal ordered and completed, lender collects documents and processes your loan, title company works on title search and preliminary title commitment

Days 25 to 30+: Final underwriting, clear to close issued, closing disclosure delivered at least three business days before closing, final walkthrough, then signing at the title company or closing office

Throughout this period we stay in touch with your lender and the title company so you’re not the one chasing updates.

Who Does What, and How We Keep It Calm

You review reports, provide documents to your lender, sign disclosures, order inspections ,and tell us honestly how you’re feeling about what we’re finding.

We review inspections, help interpret findings, manage repair and credit negotiations, track deadlines, and keep everyone talking.

Your lender handles the loan application, appraisal order, underwriting, and final loan approval.

The title company runs title searches, prepares closing documents, and handles the transfer of funds and recording of the deed.

Being under contract will never be completely stress-free, but you should never feel like you’re trying to manage it alone. Our promise as a boutique, family-owned brokerage is that we’ll walk each step with you, explain what’s happening in plain language, and help you make steady, informed decisions from inspection day all the way through closing.

First-Time: Buyer's Corner

Buying your first home is a big step. The goal here is to give you a simple starting point for your credit, your budget, and your learning so you feel prepared long before you sit at a closing table.

Getting Your Credit Ready

Lenders look closely at your credit score, your history of on-time payments, and how much you already owe. A higher score can make it easier to qualify and can reduce your interest rate and monthly payment. National guides for first-time buyers consistently recommend checking your credit at least several months before you plan to buy, correcting any errors, and creating a plan to pay down high-interest debt.

Helpful resources you can review on your own time include the National Association of Realtors consumer guide for first-time buyers and the Consumer Financial Protection Bureau’s mortgage basics and home loan toolkit, which explain how credit scores affect loan options and pricing.

Budgeting for Your First Home

Your budget is about more than the purchase price. You’ll want to understand three things clearly:

How much you can comfortably afford each month once you include principal, interest, property taxes, and homeowners insurance

How much cash you’ll need for down payment, closing costs, and inspections

How much you want to keep in reserve after closing so you’re not stretched thin

Recent data from the National Association of Realtors shows that most first-time buyers don’t put 20 percent down. The median down payment for first-time buyers in 2023 was around 8 to 9 percent, with many using lower down payment loan programs and funds from savings or family.

For practical budgeting tools, the CFPB “Buying a house” hub includes calculators, checklists, and a closing disclosure explainer that walks you line by line through typical costs. The FDIC Money Smart program is another free resource that covers spending plans, credit, debt, and a full module on housing decisions and buying a home.

Education and Counseling You Can Trust

If you want a deeper dive, there are reputable homebuyer education and counseling options built specifically for first-time buyers. NAR and consumer agencies recommend HUD-approved housing counseling if you want help with budgeting, credit questions, or comparing loan options.

Good starting points include the HUD directory of approved housing counseling agencies and the CFPB “find a housing counselor” tool, which let you search by state or ZIP code for local nonprofit counselors. Austin’s own Homebuyer Education Partners list points you to HUD-based classes and counseling that satisfy many loan and assistance program requirements.

Completing a homebuyer class often gives you a certificate that can be required or encouraged for certain down payment assistance programs and can give you more confidence in your decisions.

Quick Glossary for First-Time Buyers

You’ll hear a lot of shorthand during the process. Here are some of the most common acronyms, in plain language:

APR – Annual Percentage Rate. The true cost of a loan over a year, including interest and most fees.

DTI – Debt-to-Income ratio. The percentage of your gross monthly income that goes toward debt payments, including the new mortgage. It’s a key approval factor.

LTV – Loan-to-Value ratio. The loan amount compared to the value of the property. A higher down payment gives you a lower LTV.

PMI – Private Mortgage Insurance. Typically required on many conventional loans when your down payment is under 20 percent. It protects the lender, not the borrower, but allows lower down payments.

PITI – Principal, Interest, Taxes, Insurance. The main components of a typical monthly mortgage payment. This is what you should focus on when deciding if a payment fits your budget.

FHA – Federal Housing Administration. A government-backed loan program that often allows lower down payments and more flexible credit requirements.

VA – Department of Veterans Affairs. VA loans are designed for eligible veterans and service members and often allow no down payment with specific benefits and rules.

USDA – United States Department of Agriculture. USDA loans support eligible buyers in certain rural and suburban areas and can offer no down payment options.

ARM – Adjustable Rate Mortgage. A loan where the interest rate can change over time after an initial fixed period.

MLS – Multiple Listing Service. The professional database where agents share and update property listings. Your search on our site is powered by this data.

If you’re a first-time buyer in Austin and want personal help, we can sit down and review your credit questions, budget ideas, and next steps together, then connect you with trusted lenders and local education resources that fit your situation.

Top Questions Austin Buyers Are Asking Right Now.

Is now a good time to buy in Austin?

In 2025 Austin has shifted to one of the strongest buyer markets in the country. Homes are staying on the market longer, giving you more leverage to negotiate. Mortgage rates have also softened from their early 2025 peaks above 7 percent, with many well-qualified buyers now seeing quotes in the mid 5 to low 6 percent range. If you’re financially ready, this softer market lets you focus on getting the right home and terms instead of racing to win a bidding war. Read more about Austin’s current market

How much do I need for a down payment?

You don’t need 20 percent down to buy a home. Many buyers use 3 to 5 percent down on conventional loans, with some programs allowing even less or zero down for VA and certain USDA buyers. Most buyers also pay closing costs in the range of about 2 to 5 percent of the purchase price. In your first strategy meeting, we’ll map out a realistic cash-to-close number for you and talk through ways to reduce that upfront cash, including seller credits and local assistance programs. Read more about down payments and closing costs

Do I really need my own buyer agent?

A good buyer agent helps you understand local pricing, spot red flags, structure offers, and negotiate both price and terms in your favor. The seller already has a professional negotiator on their side. Without a knowledgeable buyer agent truly representing you, you’re betting that you can out-negotiate the pros whose everyday job is to get the highest price and strongest terms for the seller. In most transactions, the seller still ends up covering your buyer agent commission as part of the overall deal, which means you’re getting professional representation without writing a separate check for it. Read more about the value of buyer representation

What are the “hidden” costs of buying?

Beyond your mortgage payment, you’ll need to budget for property taxes, homeowners insurance, HOA dues if applicable, routine maintenance, and bigger repairs like roofs or HVAC over time. You should also plan for inspection costs (typically $300 to $600), utility setup, and ongoing maintenance reserves. When we build your budget, we include realistic estimates for taxes, insurance, and utilities based on the homes and neighborhoods you’re targeting so you have a full monthly and yearly picture, not just principal and interest. Read more about all costs of homeownership

2025 Austin Home Buyer FAQ: 19 Things You Need to Know

Have more questions about timing, builder warranties, or interest rates? Read our full guide:
FAQ

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