🤠🏡 Selling Austin #32

Hi y’all! Happy Friday!

Pay attention to how you can buy today with a 2.25% rate 👀 + don’t miss the Westlake mansion worth drooling over 🤤 

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(*unbiased opinion)

WHAT'S INSIDE

• 👀 DEAL OF THE WEEK

• 🤠 WHAT’S HAPPENING AROUND TOWN

• ⁉️ WHAT THIS MEANS FOR YOU

• 🤤 HOUSE WORTH DROOLING OVER

👀 DEAL OF THE WEEK

Starting with something juicy up top -
How you can buy today with a 2.25% interest rate🧃

I know you miss the pandemic era interest rates. What if I said - you can buy a house at today’s prices with pandemic interest rates.

Intrigued?

The answer is assumable loans. 

An assumable mortgage allows a buyer to assume the existing rate, repayment period and current principal balance of the seller’s existing mortgage.

You will need to compensate the seller for the amount of the mortgage they’ve paid off. This can be done as part of your down payment or you can finance it with another loan.

Take a look at this Lakeway gem with a 2.25% assumable rate

What exactly does 2.25% mean to you? Check it out -

$700,000 is lifetime interest savings

$2,000 reduction in payments per month

Want to check this out? Reply to this email! 📧 

🤠 WHAT’S HAPPENING AROUND TOWN

It seems like every time I blink, a new building pops up in Austin.

If you’re looking to buy or invest - welcome to your unfair advantage. Know what’s happening before everyone else.

Great! Let’s go:

Up today is East Austin.

Two huge projects are on the docket.

7th & Pleasant Valley

• 360 units

• 3 acres

• 13,000 sqft of office space

107 & 1309 E 4th St

• 44 units

• 0.25 acre

We’re just at the beginning.

The Austin metro has 328,166 of apartment inventory
25,497 are under construction and 32,204 are being proposed - 18% increase

🔎 Psst: Looking to buy a home or investment property? Get in early and capitalize. When projects complete, values will skyrocket 🚀

⁉️ WHAT THIS MEANS FOR YOU

If you’re a buyer/seller/investor/renter or just interested in real estate - this weekly newsletter will help guide your decision making and help you better understand the market.

🤤 HOUSE WORTH DROOLING OVER

This modern mansion is perched on one of the highest points in Westlake. It comes with a recent $675,000 price cut. Now yours for only $5,575,000

Thank you for being here! Reply to this email if you have any questions or just to say hello! 👋 

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