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New Tax Year | Homestead Exemption

New Tax Year | Homestead Exemption

Here’s How to Apply for Homestead Exemption in Texas In Texas, homeowners are able to get a significant discount on their property taxes if the home is their primary residence.  In order to qualify for the online Homestead Exemption filing, the property owner must have owned and occupied the...
How to Get Your Earnest Money Back

How to Get Your Earnest Money Back

Austin Home Buyer Advice from LUXE Property Group When you are buying a home in Austin, you have to put down “earnest money” when you have an accepted contract on a property. Once the earnest money is deposited (usually in an escrow or trust account), many home buyers want to know if they...
Homestead Exemptions

Homestead Exemptions

It’s that time of year again… Time to fill out your Homestead Exemption Forms. A homestead exemption reduces taxes by lowering a home’s taxable value.  All school districts offer a $25,000 homestead exemption, and some taxing units offer additional optional reductions for the...
Questions to Ask Your Home Inspector

Questions to Ask Your Home Inspector

Four Important Questions to Ask Your Home Inspector When you are ready to buy a home in the Austin area, you want to know EXACTLY what you’re buying, right? Imagine how frustrated you’d be to find out that the hot water heater wasn’t working—in the middle your first shower? Or if you find out...
How do Homeowners Associations Work?

How do Homeowners Associations Work?

Not quite sure how Homeowners Associations (HOAs) work? When you purchase a condo or single family home in the Austin area, there’s a good chance you will have to pay a homeowners association fee.  HOAs are very common is gated communities, townhouses, condominiums, and other similar planned...