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Iliane Lorenz, Eco-Broker/Realtor

Still building in Austin, TX!

What's happening in building in Austin? The city of Austin offers a map about emerging projects in Austin on this website (5.6MB): Click here! The map shows some of the prominent projects in planning and construction. The maps are updated quarterly.

Here are some details on developments:

  1. Fifth and Baylor (Austin Market District) 80,000 sqft office and retail building
  2. Town Lake Park Phase 3 & 4 between Ladybird Lake and Riverside Dr
  3. Legacy @ Townlake 31 story luxury high rise
  4. Stubb's an all time favorite in Austin is adding another 1,500 seats
  5. The so much discussed and still awaited Metro Line connecting Leander and Austin

Find more information on www.TexasCapitalRealEstate.com

Searching for homes in Central Texas? Click here!

Iliane
Texas Capital Real Estate


www.TexasCapitalRealEstate.com

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$10,000 FREE Down Payment!

10k

The city of Austin is offering $10,000 to help first time homebuyers buy a home.

The Down Payment Assistance Program (DPA) provides qualified, first-time homebuyers, with a zero interest loan to assist with purchasing a home located within the Austin City Limits. DPA funds cover the down payment and eligible closing costs and pre-paid expenses associated with buying a home.

The borrower may receive up to $10,000 in a deferred, forgivable, 0% interest loan for 10 years. Or, you may receive $1,000 additional for borrowers in a Mortgage Credit Certificate Program, and up to $4,999 for people with disabilities. The loan is forgiven if the borrower remains in the home ten (10) years without transferring title. Otherwise the loan is due and payable if the borrower sells, leases, transfers title, refinances, gets a home equity loan, or pays off the first lien within ten (10) years.

It's pretty straight forward!  Would you like more information?  Ask us!

Find more information on www.TexasCapitalRealEstate.com

Searching for homes in Central Texas? Click here!

Iliane
Texas Capital Real Estate


www.TexasCapitalRealEstate.com

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Austin Energy Efficiency Ordinance Overview

recycle

In an effort to follow suit with other green-leading cities in our nation, Austin has taken pro-active steps to increase the energy efficiency of Austin homes.

Starting June 1st, homeowners selling their property must now disclose the energy efficiency of their property to their buyers. Here's how it works.

First, your home must qualify to need the energy audit. Your home qualifies if it meets these criteria:

  • Built over 10 years ago
  • Is in the Austin city limits
  • Uses Austin Energy as an energy service provider

There are a few exceptions. If your property is a condo, or mobile home, you are exempt. Also, there is a long list of energy saving tasks you can perform on your property approved by the city. If you complete three of them or more, your home is exempt.

After an audit is done on a qualifying property, another audit will not be necessary for another 10 years.

If you are a seller, selling a dilapidated property to an investor who is going to do substantial remodeling to it, you can sign an agreement with the buyer in which they are responsible for submitting the proper demo/remodeling permits to the city within 6 months of the sale. This will alleviate the seller from performing an energy audit.

You must use an auditor approved through Austin energy. A list of approved auditors can be found here...

www.austinenergy.com/go/ecad

The price of an audit is not fixed, but you should expect to spend somewhere between $300 - $400.

If you have any specific questions or concerns, you can contact us or call the Energy Conservation Programs Office at (512) 974-7827.

Find more information on www.TexasCapitalRealEstate.com

Searching for homes in Central Texas? Click here!

Iliane
Texas Capital Real Estate


www.TexasCapitalRealEstate.com

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Summer is coming and the energy bills are going up

With the first week of solid 90s + my AC is running longer an higher throughout the day. I personally like the warm climate and keep my thermostat around 80F.

With the City of Austin passing Ordinance No. 20081106-047 requiring homes, 10 years and older, with Austin Energy service, to complete an energy audit before closing a property and everybody's electricity bill rising, I think it is time for us to look at some small and simple changes that can make a difference in our energy consumption.

The City of Austin provides an Austin Energy Analysis tool which can be accessed at this URL: http://tinyurl.com/5r2l8p

Seal doors and windows:

Hot or cold air creeps in through cracks on our doors and windows. Some sources estimate that that about 35% of our energy is lost just through cracks. A energy audit profession said to me that if you add up all the cracks and openings in your house it is usually as large as a full door or even French doors standing open all day long. That is a lot of wasted energy and money.

To prevent or improve this:

  • Go with a candle around windows and doors on a windy day to find out where drafts are.
  • Remove old and damaged caulk and weather stripping.
  • Window shades, blinds and shutters can also help.
  • If your home is older replacing windows might be the way to go. Check with your window specialist on that.
  • When you are purchasing a home, especially here in Texas and you are conscious about its energy consumption, check with the seller on their energy bills and make sure you don't have huge south facing windows that are not protected from direct sun light.
  • Seal and insulate your AC ducts. With our ducts sitting in the hot attic, the AC has a lot of work just cooling down the hot air in the ducts to the temperature you desire. Insulating the ducts can reduce the temperature of air in the ducts. Sealing will reduce the loss of cold circulating air in the attic.

Appliances:

  • Electric cooktops drain energy! If you use an electric cooktop, make sure that your pan has the right size for the burner and that you use flat bottom pans for best contact with the heating element.
  • This is really a no brainer, but I see it frequently. Shut refrigerator and freezer as fast as possible, don't stand in front of it with both doors open starring at the food thinking what you want to eat. It is not good for the food and consumes lots of energy.
  • Exhaust fans can help pulling humid, hot air out of kitchen and bathrooms.

Thermostats

  • A programmable thermostat can help you safe a significant amount of energy. Setting it to no lower than 78F will reduce your energy bill.
  • Also consider, when your family is not in the house to set the thermostat even higher than that and only cool the house to 78F when you are at home. The AC running while nobody is home wastes energy.

Fireplace

  • I found this tip somewhere online, and have honestly not thought about it before but it makes sense to me.
  • Unsealed fireplaces are another factor that will increase your electricity bill. If you don't use your fireplace, consider sealing it. Make sure you talk to a specialist in this field.

I hope some of these tips are helpful.

Stay cool!

Find more information on www.TexasCapitalRealEstate.com

Searching for homes in Central Texas? Click here!

Iliane
Texas Capital Real Estate


www.TexasCapitalRealEstate.com

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Horse show this weekend.

I am really excited about this! This coming weekend is a large dressage show in Austin and I have the opportunity to be there as a event photographer.

Come check it out if you like horses.

The show will be May 2 nd and 3 rd at Silver Hill Stables in Austin.

2608 Harris Branch Pkwy , Manor , TX ‎.

Here are some photos I took at a previous event:

You can find all my photography on www.PostHorses.com

Searching for homes in Central Texas? Click here!

Iliane

Texas Capital Real Estate


www.TexasCapitalRealEstate.com

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