IN Fox Chapel Area Summer 2016 | Page 52

S P E C I A L S E C T I O N : R E A L E S TAT E THIS SECTION SPONSORED BY 10 SELLING: Don’t spend earnest money! Many sellers make the mistake of depositing and spending earnest money before closing day. If the transaction doesn’t go through or the buyer pulls out due to repair issues, it is up to the seller to return the cash. It is recommended to have a real estate agent or broker hold the deposit. Most buyers’ earnest money will be held in an escrow account until the closing day, allowing the money to remain untouched by either party. FUN FACT: Get the name and numbers. 9 SELLING: Will renovating always increase my resale value? Make conscious decisions when renovating your home. While newer will entice potential buyers, be cognizant of what rooms you update and how you do it. While updated kitchens will increase the value of your home, be sure to appeal to a wide range of tastes. A good place to start is with the appliances. Realtor.com states that homes with stainless steel appliances sell 15 percent faster than those without. Updated bathrooms are easier to satisfy a wider range of buyers’ desires for luxury, but be sure to keep the colors neutral. 207 Highland $695,000 – FOX CHAPEL 312 Olde Chapel Trail $960,000 – FOX CHAPEL 1 Woodcliff $995,000 – FOX CHAPEL 50 724.942.0940 TO ADVERTISE | Fox Chapel Area Just when you think you’ve checked all the boxes for an easy sell of your house, take a second look at your address. According to Zillow, street names and house numbers ma