The Power of Compromise

We would like to move to Sewickley.  Are there any affordable homes anymore?

Of course there are!  But Sewickley, particularly in affordable price ranges, has become a very competitive market.  It seems the secret is out – many people know about our very unique combination of a highly rated school district and a charming, walkable shopping district.  Every agent I know has a list of buyers waiting for affordable homes to become available!

What does this mean for you as a home buyer?  First, its critical to make sure you are fully pre-approved for a mortgage.  If you are fully pre-approved (having submitted all of the supporting documents to your lender), you may be confident in your ability to get a mortgage and feel comfortable waiving your mortgage contingency, which will make you a much more competitive buyer if there are multiple offers.

Second, keep your offer as “clean” as possible.  Try not to add in special requests or inclusions that sellers don’t usually leave with a home (such as furniture). Keep your inspection period as short as possible, or consider waiving inspections altogether if it is a newer home.

Third, keep your offer prices up.  If you love a home, that is no time to lowball a seller.  Even if a home has been on the market for a while, we often receive multiple offers at the same time. You don’t save anything when you make a low offer and you don’t get the home.

Finally, be open to compromise.  If a home meets 7 out of 10 of your wish list items, consider it a home run. In a tight market like we are in, if you hold out waiting for your perfect 10, you will likely find yourself sitting on the sidelines.  To get a Sewickley home, you may have to give up a garage, or a two car garage. You may need to take on a few projects.  You may need to accept that there is no master bathroom or no main level family room.  You may need to accept that the basement ceilings are lower and so any “game room” is a little more basic.  You may have to accept a less open floorplan or a longer distance to the center of town.  But remember, once you close you will make it your home, flaws and all, and will absolutely love being a part of this vibrant community!

 

515 Spanish Tract 

Amazing privacy, peace and quiet in this gorgeous mid-century modern home sited on 8 exquisite acres in close-in Sewickley Heights.  Incredible remodel features a main level master, main level laundry and attached garage — this house easily functions for those seeking one level living.  Four additional bedrooms, four additional baths, wonderful walk-out lower level and stunning indoor pool with waterfall.  An amazing peaceful home with exceptional amenities.  $1,495,000.

 

141 Beech Ridge Drive

Beautifully remodeled newer high-end custom construction home nestled on 8 private acres in Sewickley. Newly painted interior. New carpeting. New lighting.  Newer designer kitchen. Updated/new baths. Half-court indoor basketball court, full racquetball/squash court, complete locker room facilities including sauna, 60’x30’ heated in-ground concrete salt water pool w/ stone waterfalls, patio w/ outdoor fireplace, 6 bedrooms, 5 full & 4 half baths, 9 fireplaces, 6 garage spaces, two kitchens, wine room, roof-top observation deck, new home theater.  Simply remarkable! $3,500,000

QUICK SEARCH

I’m ready to answer any questions you have regarding your real estate needs.
 
 
Kathe Barge, CRS, ABR, CNE, SRES
Associate Broker
HOWARD HANNA
REAL ESTATE SERVICES
401 Broad Street
Sewickley, PA 15143
Cell: 412-779-6060
Office: 412-741-2200 x238
kbarge@howardhanna.com

Mortgages: Local or Online?

We are planning to buy a new home soon – we see advertisements for internet lenders offering what seem to be below market rates. Is this too good to be true?

If you are simply refinancing an existing mortgage debt, you MAY be ok choosing an internet lender.  You just need to be very careful that, before you apply to refinance your loan, you receive from the lender a full disclosure of all the costs and not just the rates. Oftentimes I see lenders have exorbitantly high fees connected with low rates.  In a sense, you are buying down your rate by paying high fees upfront.  Be sure to compare them on the same day to a couple of local lenders and understand what you are paying to get the quoted rates.  The reason you must compare rates on a singular date is because rates go up and down continuously and a rate may seem lower simply because you called a particular lender on a date rates dropped.

If you are buying a home rather than refinancing, I do NOT recommend that you use an internet lender.  They do not tend to be familiar with area norms and that can cause you more headaches than you can imagine.  There is a long list of particularities to PA Agreements of Sale and the last think you want to do is have your closing delayed (while your movers are standing at the curb) while you wait for your lender (who does not have a local presence that you can  visit personally to address any issues) to sort things out.  As they are not familiar with our Agreements and processes, internet lenders may also impose requirements on you to “fund your loan” that are not requirements generally imposed by local lenders that may disadvantage you later.  Finally, internet lenders often do not understand that PA Agreements of Sale declare “time is of the essence” inside the contract – what that means to you is that if you miss your closing date because the lender isn’t ready to close, the seller does have the legal right to declare you in default, keep your hand money and sell the home to someone else.

When buying, why take a risk?  Rely on your trusted Realtor to help you find a local lender who offers the most competitively priced loan products and delivers exceptional customer service.  Realtors cannot accept referral fees from lenders, so you can be sure we are motivated only by knowing you will have an outstanding transaction.  Feel free to reach out to me for help finding you the best local lender to meet your financing needs!

213 Chestnut Road

Beautifully remodeled Sewickley Village Victorian with high ceilings, open floorplan and fabulous original architectural detailing.  Wonderful newer master suite with stylish newer bath.  Four finished levels of living space including lower level gameroom. Flat backyard, two car detached garage.  A very easy walking distance to Village shops and restaurants. $795,000

 

518 Irwin Drive

Exceptional opportunity to own one of Sewickley’s landmark homes! Recently remodeled with a current design aesthetic, this notable home is architecturally impressive and yet incredibly comfortable for today’s lifestyles.  Outstanding main level space includes a huge kitchen open to a large family room, spacious “homework room” adjacent to the kitchen, and living room, dining room and den.  Finished lower level. 6 bedrooms, 4.5 baths PLUS a nanny/in-law suite.  Incredible yard with room for a pool.  So close to all Village amenities and yet giving you the perfect amount of privacy.  $2,700,000.

QUICK SEARCH

I’m ready to answer any questions you have regarding your real estate needs.
 
 
Kathe Barge, CRS, ABR, CNE, SRES
Associate Broker
HOWARD HANNA
REAL ESTATE SERVICES
401 Broad Street
Sewickley, PA 15143
Cell: 412-779-6060
Office: 412-741-2200 x238
kbarge@howardhanna.com

Making a Fresh Statement!

We’d like to jazz up our house a bit in time for the holidays but would also like to make choices that would help resale when we are ready to sell!  Your thoughts?

The fastest, easiest way to give your home a fresh, new look is through paint! I like to think of paint colors inside a home as a creamsicle – make sure whatever you choose blends well with what you have, unless you are planning on repainting everything.  And make sure your choices blend well with your existing trim and floor colors.  For example, you do not want to choose cool gray tones for your walls if your trim paint is a creamier shade of white – keep your wall color more in the greige family if that is the case!  Yes, gray and greige are still popular.  If you prefer warmer colors it is possible to choose shades of gray that have warmer undertones. Tired of gray? It is also possible to choose colors in the blue and green families that have undertones of gray, so they still feel current!  Despite what you read, do avoid wallpaper. While I understand it is making a “comeback,” it is very personal and if there is any chance you are moving sooner rather than later, painting an accent wall would be a better choice than wallpaper. If you just have to have wallpaper, choose a small space that is easy to remove if need be, such as a powder room.

The next easiest and affordable way to create a new look is through your lighting. Check out high end lines such as Visual Comfort or Currey and Company for some of the latest trends and then search for similar styles from more affordable brands on websites such as Wayfair and Lighting Direct. There are so many trendy, affordable fixtures available these days – let your imagination run wild. Do keep in mind that you should try to keep metals consistent throughout your home – so if you have been carrying silver tones through your home, keep new fixtures in silver tones.  If your home is predominantly brass, consider the newer brushed brass look which is quite popular. If you want to save money month after month, be sure to choose LED bulbs to light your fixtures with and dispose of your old incandescent bulbs.

Depending on your budget, flooring can also make a big impact, which could include refinishing or just buffing and recoating hardwoods, and replacing tired or colored carpeting.  Countertops can be pricey, but they are a relatively easy way to make a fresh statement in your kitchen. Granite, quartz and marble and all equally popular, although the lighter shades are definitely where trends are at these days.  Finally, evaluate your window treatments.  Draperies are reasonably out of vogue unless you are talking about new designer panels. Consider removing drapes you have had up for 10 or more years and letting the beauty of your windows shine through. This is a super-affordable way to give your home a lighter, brighter look. Simple blinds are likely the best choice if you need privacy.

515 Spanish Tract

Gorgeous Mid-century modern home sited on 8 private acres in close-in Sewickley Heights has been fully remodeled!  Featuring a main level master, main level laundry and attached garage, this house easily functions for those seeking one level living.  Four additional bedrooms, four additional baths, wonderful walk-out lower level and stunning indoor pool with waterfall.  An incredibly peaceful home with exceptional amenities.  $1,495,000.

 

16 Highview Drive – NEW PRICE! 

Start planning now for your fun next summer — 16 Highview offers a beautiful inground pool, ideal for warm weather entertaining, and 3.8 acres of privacy, yet sited in a mature Sewickley neighborhood.  With over 4100SF of living space plus a finished lower level, the home features an open floorplan ideal for entertaining.  Newly remodeled kitchen, 3 car garage, main level bed/bath for guest, walk-out lower level, sauna, wine room, screened porch & more!  Remodeled throughout and ready for immediate occupancy! $595,000.

 

 

QUICK SEARCH

I’m ready to answer any questions you have regarding your real estate needs.
 
 
Kathe Barge, CRS, ABR, CNE, SRES
Associate Broker
HOWARD HANNA
REAL ESTATE SERVICES
401 Broad Street
Sewickley, PA 15143
Cell: 412-779-6060
Office: 412-741-2200 x238
kbarge@howardhanna.com

The Importance of Full Disclosure

We had some prior water leakage in our basement but its been dry for years – do we need to disclose that in our disclosure?

We live in a community of older homes and there are likely skeletons hanging in most of our closets (if not on our front porch this time of year), and yes, it is important to fully disclose the history of your home.  In some cases, prior water leaks may lead to mold development that you may or may not be able to see and it is important for buyers to be able to evaluate this possibility.  But in any event, the problem could recur and if you fail to disclose and the problem recurs, you could find yourself in the middle of a lawsuit for fraud.

Required disclosures are of course not limited to water issues. The disclosure is going to want to know about the history of your roof and gutters, the history of any wood-boring insects that have affected your property, the history of any structural issues or issues with your driveway…, the history of any fire or ice damage, the history of your remodeling, the history of any property flooding, the history of any hazardous substance testing (mold, radon, lead), and of course the current status of all elements of the property.

The disclosure is your friend. Properly worded, even the most scary problems can be disclosed and managed.  And if you are aware of the issue (past or present), properly disclose it and take it into account when pricing your home, you can sell your home knowing that the issue is not going to raise its ugly head in the future! I am more than happy to help you with that when you are ready to list your home! Not thinking about moving any time too soon? Be sure to keep a file of all of the repairs you have made over the years so when you eventually do sell you can refer back to your file and easily disclose the items you have repaired over the years. Keep in mind, the more of the skeletons in your closet that you disclose, the lower the bills from inspection related items will be and the lower the risk will be of the buyer calling you later with undisclosed historic issues!

213 Chestnut Road

Beautifully remodeled Sewickley Village Victorian with high ceilings, open floorplan and fabulous original architectural detailing.  Wonderful newer master suite with stylish newer bath.  Four finished levels of living space including lower level gameroon. Flat backyard, two car detached garage.  A very easy walking distance to Village shops and restaurants. $795,000

 

 

518 Irwin Drive

Exceptional opportunity to own one of Sewickley’s landmark homes! Recently remodeled with a current design aesthetic, this notable home is architecturally impressive and yet incredibly comfortable for today’s lifestyles.  Outstanding main level space includes a huge kitchen open to a large family room, spacious “homework room” adjacent to the kitchen, and living room, dining room and den.  Finished lower level. 6 bedrooms, 4.5 baths PLUS a nanny/in-law suite.  Incredible yard with room for a pool.  So close to all Village amenities and yet giving you the perfect amount of privacy.  $2,700,000.

QUICK SEARCH

I’m ready to answer any questions you have regarding your real estate needs.
 
 
Kathe Barge, CRS, ABR, CNE, SRES
Associate Broker
HOWARD HANNA
REAL ESTATE SERVICES
401 Broad Street
Sewickley, PA 15143
Cell: 412-779-6060
Office: 412-741-2200 x238
kbarge@howardhanna.com

Key Tips for Kitchens

We are thinking of remodeling our kitchen. Any advice for us if we want to be making good choices for resale?

As much as we would all like to be creative, when it comes to the “hardscapes” of your home – the things that are difficult to change – if resale is even a remote possibility for you, or if you want to be sure to get a high return on your investment (most people expect 100% which is not always realistic), its important to make “mainstream” choices that the buying public as a whole loves!  How do you figure that out?  Pay attention to what sells quickly in our market.  Watch some HGTV.  Check out Pinterest! Here are some easy rules to follow!

The most popular cabinet color by far is white! Yes, I know, everyone has been saying for the past two decades that white is on its way out, and that is just not true!  Can you choose natural woods?  Sure. Will it generate the same excitement on resale?  It will not.  Yes, it will resell, but probably not as fast or for as much as white.  Colored cabinets?  If you pick the right (think trendy) color and are selling soon, that can work well.  But if you stay in your home for 10 more years, the color you chose may no longer be in vogue and may be a challenge to resell.

The most popular flooring in a kitchen is hardwood.  Can you choose tile?  Yes, but it will feel dated more quickly, so choose carefully.  Bamboo, cork and upscale vinyls are far less popular but can be good choices, depending on the price point.

Countertops?  Either granite or quartz are the most popular choices – either will sell well, but choose the color carefully.  Right now lighter color palates are in style for countertops.  Avoid Formica unless the property is lower end.

Appliances?  Choose stainless.  Brand is less important.  It is the look that is key.

Lighting? Here is where you can show some of your personal style.  Buy economically but not cheap.  Lights are very easy to change, so if styles change, it’s a very simple way to give your kitchen a facelift before you sell.  The same is true for paint, although wallpaper should be avoided.  Yes, the design industry claims wallpaper is back in style, but as far as buyers are concerned, nothing has changed.  Asking someone to buy your wallpaper is as personal as asking them to wear your wedding dress.  Don’t do it! If you must, confine wallpaper to a small accent here or there.