TITLE Insurance and Title searches are utmost importantce4. research your neighborhoods and know who your target market is5.

Also, property taxes are MUCH HIGHER, fire and EC insurance is MUCH HIGHER and Austin is the MOST EXPENSIVE MARKET IN TEXAS.

one of the biggest expenses of being a realtor is errors and omissions insurance and it is there for a reason.In my geographical area, there are very draconian building codes and it is hard (and expen$ive) to get projects through so many, many homeowners just build without permits.

Title insurance or other closing costs.

Check their insurance coverage too.

Wow, you must live in a place with low property taxes and insurance companies that love you!

My usual deal; $2K down, $500 legals (I prepare the docs, so that all goes to me), 2 months prepaids (escrowed with me), and one year's insurance paid up front.

To make properties even more affordable, HUD will reduce the down payment to just $100 if a teacher purchases a new home with an FHA-insured mortgage.Homes must be located in the school district in which the teacher is employed.

The first year's payments would be $10,152 including about $9,270 of tax-deductible interest.Suppose the property is rented for $13,800 a year, and the total of operating expenses paid by the owner, such as property tax, insurance, and repairs, is $2,500.

Can this type of deed eligible for title insurance?