If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that a short sale is one where the net proceeds from the sale won’t cover your total mortgage obligation and closing costs, and you don’t have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title of your home through a lengthy legal process and then sells it. Check out below to see what sold in Beckenham in June 2017:
22473 Kensington, Novi: 5 bedrooms, 4.1 bathrooms, 3,467 sq. feet, 3 car garage, Sold Price: $655,000
Beckenham Home Sold
June 2017
47942 Beckenham Blvd., Novi: 6 bedrooms, 4.1 bathrooms, 3,965 sq. feet, 3 car garage, Sold Price: $710,000
Beckenham Home Sold
June 2017
The first step to a short sale is to hire a qualified real estate professional and a real estate attorney who specialize in short sales. You want to work with those who demonstrate a thorough working knowledge of the short-sale process and who won’t try to take advantage of your situation or pressure you to do something that isn’t in your best interest. For more information on Beckenham, or similar Northville or Novi neighborhoods such as Woodlands of Northville, Autumn Park and Ravines of Northville, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.