Buying a Home in Austin

The Buying Process

Your Journey to Homeownership Starts Here

Buying a home is one of the most significant decisions you'll make. I'm here to make the process clear, manageable, and even enjoyable. With deep knowledge of the Austin-area market and genuine care for every client, I ensure you find the right home at the right price.

The typical home purchase takes roughly 10 to 12 weeks from start to finish, with escrow typically closing in 30–45 days once you're under contract. I'll be with you every step of the way.

Start Your Search

Quick Facts for Buyers

Buyers don't pay my commission — the listing broker compensates me when the home sells
Average U.S. down payment is 11% — first-time buyers often qualify for 3–5% programs
Pre-approval is step one — it shows sellers you're serious and ready
Online browsing is convenient — but nothing beats seeing a house in person
Give sellers 24 hours to respond to your offer
Closing costs typically run 2–5% of the purchase price

Step by Step

How the Buying Process Works

1️⃣

Get Pre-Approved

Before touring homes, meet with a lender to determine your budget. I can connect you with preferred local lenders who know the Austin market.

2️⃣

Define Your Needs

We'll discuss neighborhoods, school districts, commute times, must-haves, and budget. My local expertise helps you focus your search.

3️⃣

Tour Properties

I preview properties personally before recommending them. We schedule showings together and I point out what to look for — and what to watch out for.

4️⃣

Make an Offer

When you find the one, I prepare a competitive offer based on comparable sales and current market conditions. Strong negotiation is my specialty.

5️⃣

Inspection & Due Diligence

We hire an independent inspector. With my construction background, I can help you interpret findings and negotiate repairs or credits with the seller.

6️⃣

Close & Celebrate

We walk through the closing documents together. I stay available after closing too — including referrals to trusted contractors and vendors.

Common Questions

Buyer FAQ

Do I have to pay Terese's commission?

No. The listing broker compensates buyers' agents out of the proceeds when the home sells. As a buyer, you receive full professional representation at no direct cost to you.

How long does buying a home take?

From starting your search to closing day, the typical timeline is 10–12 weeks. Once you're under contract, escrow usually closes within 30–45 days depending on financing and negotiations.

How much do I need for a down payment?

The national average is around 11%, but many first-time buyer programs allow 3–5% down. FHA loans require 3.5%, and VA/USDA loans can be 0% down for qualifying buyers. I can connect you with lenders who specialize in these programs.

Should I get pre-approved before looking at homes?

Yes — this is the most important first step. Pre-approval tells you exactly what you can afford, strengthens your offers, and shows sellers you're a serious buyer. In Austin's competitive market, sellers often won't entertain offers without one.

Can I search online instead of working with an agent?

Online browsing is a great starting point, but nothing replaces seeing a home in person. I preview properties before recommending them, know which neighborhoods are right for your lifestyle, and bring expertise that online tools simply can't offer — all at no cost to you as a buyer.