S P E C I A L S E C T I O N : R E A L E S TAT E
8632
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.
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.
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 matter!
If you happen to live at 666 Fanny Hands Lane, you may be
out of luck (however that particular street is in the United
Kingdom, so you should be safe). Innuendo-laden street
names tend to not sell as quickly as those like Thunder Road.
American numerology says that 666 is bad luck and could
decrease the value of your home by 2-3 percent. Also, steer
clear of the number four, considered unlucky in Chinese
culture. Stick to the number eight, or include the lucky digits
316 in your asking price!
Before entering the real estate market, educate yourself. The more
you know, the better your chances are for nailing down the home of
your dreams! n
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