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1. Carefully consider your choice to pay cash for a home as money is cheap and you can get a much greater yield on your available funds than it will cost to use someone else's money.2. Carefully consider your choice of locations. 78702 has had it's issues and in my opinion there are much safer real estate bets than this zip code.3. Carefully consider what will happen if your plans to return to Austin run awry due to factors beyond your control. Have a Plan B.4. Do your homework when choosing an agent to assist you. Asking typical interview questions will yield typical responses and these are seldom helpful in determining the knowledge or skills of a candidate. Not all agents are created equal so don't make the mistake of thinking that is the case.Best of luck.
It is important to establish a relationship with an Austin Realtor who will walk you through the home-buying process, step-by-step, so you can understand not only your responsibilities in the transaction, but what your lender will take care of, and what the title company's role is. All of your questions, including the property tax question, will be addressed. In the interim before you move to Austin, it will be beneficial for you to receive MLS listings based on the criteria you provide. One of the first steps is for you to consult with a lender who will be able to tell you what price range you qualify for. As soon as that is established, you may begin your Austin homesearch in earnest. Good luck!
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