The Austin Condo Loft

Foreclosures are on many people’s minds lately. Since the Federal Government has offered incentives to lenders to restructure people’s loans, local and state governments are encouraging home owners to seek help sooner rather than later and work with their lender to avoid foreclosure. Help includes restructuring loans, and the purchase of homes by municipalities and non profits.

Foreclosure is the last stop on the money crisis train for home owners. Once a home is foreclosed, the lender really does not want to own it. This is why for the savvy buyer, these homes can be a great deal.

Austin foreclosures are no longer just in risky neighborhoods. The foreclosure crisis has hit all sorts of homes in all types of areas.  Pre-foreclosure, many homeowners and developers are willing to negotiate with a buyer/investor. If they can walk away with a little cash and satisfied liens, and you have a property for less than the market value, it can be a win – win proposition.

How do you find pre-foreclosure opportunities? By searching for them on our site! Our partnership with RealtyTrac enables you to search all Austin foreclosure listings. Pre-foreclosures, foreclosure auctions, and bank owned properties are all at your fingertips on our site, and we can help you make sense of the entire process. We can also assist you with obtaining financing. Contact us today to learn more about Austin foreclosure opportunities.

Austin lofts are a popular lifestyle choice right now.  Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.

Austin City Lofts is located in an exceptional area.  High end residential and retail surround the building, and nightlife is just down the street.  Typical of lofts, Austin City Lofts are spacious, feature hardwood and exposed concrete floors, and soaring 20 foot ceilings with incredible views of the Capitol and Town Lake.  These Austin Lofts are designed both as flats and two story homes.

Call us to tour Austin City Lofts, and remember, with CondoDomain, we give you money back at closing.

There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.

Foreclosures are pressuring the real estate market in many cities, but providing many opportunities for home ownership. Formerly investors and “house flippers” were the majority at Austin foreclosure auctions. But now, regular home buyers who want a chance at an affordable home are flocking to Austin  foreclosure auctions.

While foreclosures in huge numbers hammer housing prices, efforts to sell the homes and get them off the market have two benefits. One is that once the large inventory of Austin foreclosures is off the market, housing prices can stabilize and a true market value can again be established, with homeowners once again building equity. The second benefit is obvious – the buyer gets a home at a low price.

Buying an Austin foreclosure is not without risk, since the buyer is responsible for repairs and all liens against the property, including taxes, construction liens, and second mortgages. When it comes to Austin condos, it’s possible to have less risk exposure than with a freestanding house.   We can help you with this. We can give you information about the building, the community, and assisting you in finding out the truth about all outstanding liens. We can also assist you with purchasing any foreclosure you choose, not just a condo.

Here at CondoDomain, we have partnered with RealtyTrac so that you can search all available and pending foreclosures in the Austing area. Take a look at these, and then call us with your questions.

Good news for FHA loans! As of last week, there are new maximum loan limits that are available due to the American Recovery & Reinvestment Act. These new loan limits are for new and existing loan applications that are submitted with credit approval on or after March 12, 2009.

Here is a list of the 2009 FHA Maximum Mortgage Limits*:

$729,750 for one-unit properties
$934,200 for two-unit properties
$1,129,250 for three-unit properties
$1,403,400 for four-unit properties

These new limits open up the possibilities for many new buyers! Now lenders can go as high as a $729,750 loan amount with only 3.5% down! So if you are in the market to buy and have previously been unable to put 10-20%  down, this is excellent news!

Contact Christina Longo immediately for more information at 978.886.9359

View the all-new Condo Loan Center to learn more information. The Condo Loan Center offers everything from first-time homebuyer programs with down payment assistance, to private mortgage banking with unlimited loan amounts. In addition, the Condo Loan Center has the ability to act as a broker gives clients even more loan programs. Through the Condo Loan Center, you can rest assured that you will be provided with a competitive loan that meets your individual needs.

A complete schedule of FHA’s maximum county mortgage limits can be viewed through the HUD website by clicking here
*the list excludes financed UFMIP or EEM cost

We’re happy to be blogging here from Austin, telling you all about great real estate opportunities in the Austin condominium market. If you are a qualified buyer, this is a great time to buy an Austin condominium - lower interest rates, tax incentives, lower prices, and available choices.

Austin’s real estate market is doing better than the rest of the nation. In most cities, their is at least a 10 month supply of homes on the market - Austin is well below that. Our median price has dropped 6%, with more homes selling in the lower price ranges than in the luxury range. Other markets have seen drops of over 50%.

So if you’re in the market to buy an Austin condominium, now is a really good time for you. And if you are looking to buy a luxury Austin condominium, you have choices as well as incentives. The question for you is – what is a good buy? And that is where I come in.

Contact me to learn all about Austin condominiums, Austin foreclosures and auctions. Here at Condodomain, we help you find the best deal for you, since we are buyer agents. And there’s more – we give you money back at closing. That’s right – full service at a discount. What more could you ask for?

Zilker Heights Condos is a one-of-a-kind 8-unit condominium community located in the heart of 78704 on South 1st Street.  Zilker Park, Downtown, the new Performing Arts District, Auditorium Shores, Lady Bird Lake, the Lady Bird Lake Hike-and-Bike Trail and more.The enjoyable 78704 South Austin Zilker Heights Condos lifestyle at an attainable price.

Tour Zilker Heights Today

Remember when you buy with CondoDomain in Austin you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

Search: Austin Condos | Austin Lofts | Austin Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Austin Condo check out our Exclusive Partner on our Finance & Mortgage page.

Villas on Town Lake is at 80 Red River, Austin, Texas, United States. Villas on Town Lake offers residents all that they have wanted, with the added convenience of being right in the heart of the city. Situated among the trees near the Four Seasons Hotel, the Villas on Town Lake are close to the rowing club, and provide easy access to Town Lake and its walking and biking trails. In fact, when peek out window to look at the view, residents may not immediately realize that they are in the heart of a bustling city. Villas on Town Lake offer a much-needed haven on the busiest days while still providing all the convenience urban living. Units at Villas on Town Lake are stunning. Most units have a fireplace, perfect for relaxing after a long day at work. The fireplaces are not only cozy, but they are a unique detail in today’s condo market, where developers often choose the ultra-modern designs over comfort. Most units also have spacious decks that overlook the park and provide a great place to enjoy summer afternoons. The bay windows that most units have provides plenty of natural light into each home and provide another unique stylistic detail. Units are light and airy but seem like real homes, with cozy and beautiful details. The natural environment of Villas on Town Lake also makes home seem more of a country retreat rather than an urban residence. The 56 units at the Villas on Town Lake provide with easy access to the rowing, walking, and biking that Town Lake offers. However, the Villas on Town Lake also boasts a spa, exercise room, and pool, so if prefer pampering to outdoor life, residents can indulge in the way that is best for them. Restricted building access and secured parking add to its residents peace of mind and truly make their home both an urban and country retreat.  owner financing 20% down, room to roam, privacy, walk out their back door and enjoy lady bird lake total custom remodel 4 condos into one everything top of the line elaborate surround sound/security/computer networked wine cooler+b-i wine racks 60 plasma tv direct access to lbj lake/hike-bike trails 4 fireplaces gated community 8 parking places, has a backyard! custom iron work railing.

Tour Villas on Town Lake Today

Remember when you buy with CondoDomain in Austin you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

Search: Austin Condos | Austin Lofts | Austin Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Austin Condo check out our Exclusive Partner on our Finance & Mortgage page.

TwentyOne24 Loft units offer volume – 11 Ft ceilings, open, flexible space in a more traditional loft layout. Kitchens include granite counters, high-end fixtures & black or stainless appliances.  Many TwentyOne24 Loft units come with a seven foot, built-in home-office workspace. 1 bedroom & 2 bedroom/2 bath options available.

Tour TwentyOne24 Today

Remember when you buy with CondoDomain in Austin you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

Search: Austin Condos | Austin Lofts | Austin Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Austin Condo check out our Exclusive Partner on our Finance & Mortgage page.

Towers of Town Lake is located at 40, IH 35 North, Austin, Texas, United States. The Towers of Town Lake stand above all Austin in providing the luxury that people deserve. People can enjoy spectacular views of Town Lake and downtown Austin, and an array of amenities that shine.The Towers of Town Lake’s fitness center, handball/racquetball court, indoor/outdoor pool with spa, traditional gameroom and assigned parking make Towers of Town Lake the ultimate in easy living. Adjacent to the 17 mile hike and bike trail on Town Lake, it is only minutes from downtown, the airport and shopping. The Towers of Town Lake – condominium residences for sale or lease.
There are six distinctive floor plans which offer two to four bedrooms. Each home is equipped with the following standard features.
* European design kitchen cabinetry by Allmilmo
* Ceramic tile floors
* Kitchen appliances which include refrigerator with water and ice dispenser, self cleaning ovens, dishwasher, disposal, built-in microwave, and more.
* Full size washer/dryers
* Walk-in closets
* Private balconies or patio
* Individual heating/cooling system
* Heat triggered sprinkler system and individual smoke detectors The Towers of Town Lake is a full service condominium community providing a wide range of services and facilities to residents. Living at the Towers is not just luxurious but most importantly, a home where personal service is provided 24 hours a day, seven days per week. The Towers of Town Lake provides a wide selection of services to its residents, including the following: 24 Hour Security – the control room contains over 30 security monitors and sensors and is staffed by a security guard 24 hours a day.  24 Hour Concierge – Residents will find that its concierges are attentive and helpful. It can provide information on restaurants, theater show times, university and sporting events, sightseeing or helping to make reservations for a special event.  Laundry Service – laundry can be dropped off and returned the same day. Laundry pick-up and delivery service is arranged through one of Austin’s established cleaners. Maintenance Service – a team of professional maintenance technicians is on site to help with minor repairs to homes. Charges for this service are based on time and materials. Cable Television Service – every condo is provided with standard basic cable service which includes approximately 100 channels. This service is part of the bulk service contract with Time Warner Cable. Additional services from the cable provider include internet access, HDTV, premium movie channels, etc. which are billed directly to each resident.

Tour Towers of Town Lake Today

Remember when you buy with CondoDomain in Austin you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

Search: Austin Condos | Austin Lofts | Austin Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Austin Condo check out our Exclusive Partner on our Finance & Mortgage page.

The Swede Hill Row project drew together El Centro Group, Sentient Architecture, Shiloh Travis Homes,Austin Energy and Wells Fargo Bank, who is financing most of the project.
The Swede Hill Row homes have unique features include:
o Custom cabinetry and built-ins throughout
o Limestone, Carrara marble or granite countertops throughout
o Imported 19th Century stained-glass and leaded windows from Europe
o Extensive detailing and trim work throughout, including reclaimed wood for walls, ceilings & wainscoting
o Off-street parking in garage or carport
The The Swede Hill Row homes are built with the highest commitment to green living standards, featuring super-efficient windows,air-tight thermal envelopes with spray-in foam insulation, low VOC paint on the interiors and insulated garages and attics, making for an environmentally friendly and economically responsible home.

Tour The Swede Hill Homes Today

Remember when you buy with CondoDomain in Austin you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

Search: Austin Condos | Austin Lofts | Austin Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Austin Condo check out our Exclusive Partner on our Finance & Mortgage page.

The Shore is located at 602 Davis Street, Austin, Texas, United States. The Shore Austin’s crown jewel is the expansive sixth-floor terrace features a resort-style amenity deck with a signature lap pool, set against lush landscaping and dramatic western views. An outdoor kitchen and dining areas encourage casual entertaining, while comfortable outdoor living areas induce warm conversation. It’s the perfect place to relax with friends or take in a brilliant sunset. With 192 private residences spanning 22 stories, The Shore offers residents amenities befitting of the finest resort. Residents and guests enter through the chic lobby with a 24 hour on-site manager, which features wireless Internet access. Controlled-access parking gives residents direct access to the building. The sixth-floor terrace of The Shore is, complete with lap pool and outdoor kitchen, presents the ultimate in outdoor living. A fitness center and The Shore’s direct access to the Austin Hike and Bike Trail encourage personal fitness. And this environmentally-friendly building is certified by the Austin Green Building Program.  For both work and play, the Shore Condominiums on Lady Bird Lake in Austin Texas is a simple yet extraordinary building for those looking for a true urban oasis within the city limits. With a refreshing swimming lap pool and plenty of hiking and biking trails in addition to an onsite health club, Shore Condos are for those who want to stay active and healthy. Outdoor living spaces will provide you with the opportunity to have a second home at the Shore condos in Austin, with breathtaking views of the surrounding city and panoramas both day and night.

Tour The Shore Today

Remember when you buy with CondoDomain in Austin you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

Search: Austin Condos | Austin Lofts | Austin Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Austin Condo check out our Exclusive Partner on our Finance & Mortgage page.

The Railyard Condominiums is located near the E. Sixth Street entertainment district, the Convention Center, Brush Square Park and only a few blocks from Town Lake and the Hike and Bike Trail.  This gated condo community consists of 2 buildings, one with a pool. The condos are very bright and open with high vaulted ceilings and covered balcony with city views. Most living areas have wood floors, a fireplace, and granite wet bar. The kitchen also has granite counter-tops and brick floors. Most units feature a charming winding staircase that leads up to a lofted study or extra bedroom. The interior breezeways are dressed with tropical plant and water fountains. The Railyard is the best price in downtown Austin.  The Railyard Condominiums are located on 4th Street between Brazos and Trinity in the heart of downtown Austin. Entertainment, museums, dining, and Town Lake are all part of the immediate downtown neighborhood.  All condos of The Railyard are unique, but many include balconies and granite countertops. All 3rd floor lofts have vaulted ceilings. Low HOA fees include water service, trash disposal, a swimming pool, regular cable, low-cost internet, and membership in the Downtown Austin Neighborhood Association (DANA).

Tour The Railyard Today

Remember when you buy with CondoDomain in Austin you save thousands via our commission refund business model.  On average our clients get back more than $10,000 cash back at closing!  (Learn More)

Search: Austin Condos | Austin Lofts | Austin Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Austin Condo check out our Exclusive Partner on our Finance & Mortgage page.