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FREQUENTLY
ASKED QUESTIONS
FAQ on Investing
in Austin
Is Austin a good place to purchase property?
Many people think so. Many real estate investors consider Austin area
real estate to be undervalued in relation to expected appreciation
potential. 4Site Partners has performed extensive and detailed
analysis, comparing dozens of cities across the U.S. for real estate
investment potential. and we recommend the Austin TX area.
What do Economists say about Austin TX?
Economists think Austin is well into the start of a substantial growth
period that will bring an average of 20,000 new jobs to the area each
year between 2005 and 2009. Economic indicators strongly support those
who believe Austin is poised for the type of growth that will continue
driving the real estate market upward for many years to come. Mark
Dotzour, chief economist at Texas A&M University’s Real Estate Center,
predicts Austin is likely to add 20,800 new jobs over the next 12
months, a 2.9 percent increase in employment that will significantly
outpace national job growth.
How long has 4Site Partners been in business?
The founders have been in Real Estate investing and training others to
invest for over thirty years. “We’ve been doing something very similar
to this for the last year, but saw the need for adding a more
‘personal touch’ and physically taking our investors to the market”
said Larry Giebelhaus, President and founder.
If you have the wherewithal to succeed, then you have the duty
to help others without the wherewithal to be successful!
We believe we’re living that out through 4Site Partners! We love
helping others. What is second nature to us now - is valuable and
helpful to others. It’s exciting to share in another’s success and
it’s downright delightful to see them grow in confidence! Details of
the Company: WAG, Inc. (Wealth Accumulation Group, Inc.) was formed on
October 14, 2005 in Denver, Colorado. This is the ‘mother company’ for
4Site Partners – and 4Site Preconstruction which are Trade Names –
established on 7/6/06.
What are next steps?
The first step is to get pre-qualified for a loan limit so we know
what type of home we can get for yourself. You can apply for a loan at
Ascend Capital Services.
Click here to visit
Ascend Capital Services site today.
Do I have to make payments during the construction?
No there are no payments during the construction of the house as the
interest is already built into the loan. If the house is completed and
it is not sold it is only then would you have to make payments on the
Traditional Loan.
How much money do I need to get started?
Lending guidelines are constantly changing. For one of our loan programs
it only requires $6000 down but we always recommend that the investor
has 10% of appraised value in liquid reserves as they may have to put
more then the $6000 down.
Please fill in the following information and one of our real estate professionals will contact you shortly with more information.
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