When you are ready to sell your home, contact Eric Peterson directly at 512-791-7473 or eric@koparealestate.com .
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Homeowners often ask our opinion about home improvements they are planning to make and if they will increase the value of their home. Before I consider any home improvements at my own home I like to step back and think about them at a higher level and here is the thought process I go through before I get in my car and head to Home Depot.
Especially before starting a large project I ask myself if it will solve my problem.
The best example of a mistake I have seen is a homeowner who was told by a different Realtor his house isn’t worth as much as another home because the master bedroom was upstairs. Based on this information the homeowner spent $90,000 to add a 2nd master bedroom downstairs. In the end the…
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One of the most common questions we are asked about Avery Ranch is “Is Avery Ranch located in Austin?”
The answer is “Yes!” One of the best things about living in Avery Ranch is you are living in Austin and you get to tell all your friends you have a cool Austin address.
I am Eric Peterson, Broker and owner of Kopa Real Estate and an Avery Ranch homeowner since 2007.
Avery Ranch is located in North Austin close to the fast-growing suburbs or Round Rock and Cedar Park. Avery Ranch is only 19 miles from downtown Austin, 9 miles from The Domain and 5 miles from the North Austin tech corridor including the Apple campus.
Most of Austin is located in Travis County. Avery Ranch is located in Williamson County. The advantage of living in…
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If the IRS considers you a “foreign person” and you are selling real estate your sale may be subject to FIRPTA withholding.
FIRPTA is short for The Foreign Investment In Real Property Tax Act of 1980. FIRPTA is a tax law that imposes income tax on foreign persons when selling real estate. Read more about FIRPTA at the IRS website. https://www.irs.gov/individuals/international-taxpayers/firpta-withholding
This sounds scary and can be confusing to both sellers and buyers. Buyers can be especially frightened by the FIRPTA process because there are forms buyers have to sign that say the buyer is responsible for paying any taxes due if they are not collected at closing.
Many real estate agents do not understand FIRPTA and they do not ask…
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If you are planning to sell your home but worried about having to move twice a leaseback may be a great option for you. Last year we helped 17 sellers negotiate a leaseback on their home so it is a process we are experienced with and can explain how it works in more detail regarding your particular situation.
A leaseback is where the seller of a home is allowed to remain in the property for a period of time after closing and is something that can be negotiated between the buyer and seller as part of a real estate contract. Not only is the option to have a leaseback negotiable but also the terms of the leaseback are negotiable.
To add a leaseback to your home sale there is a 2 page addendum attached to the standard contract. In the addendum the…
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