On the day you close on your house, expect to sign a lot of documents and walk away with a big stack of papers. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know you need to keep the most important documents and file them away for future reference. You need to keep the HUD-1 Settlement Statement which itemizes all the costs, commissions, loan fees, points and hazard insurance associated with the closing. You need to keep the Truth in Lending Statement which summarizes the terms of your mortgage loan, including the annual percentage rate and recision period. You need to keep the Mortgage and Note which spell out the legal terms of your mortgage obligation and agreed-upon repayment terms. You need to keep the Deed which transfers ownership to you. You need to keep any Affidavits which are binding statements by either party. Also keep any Riders which are amendments to the sales contract that affect your rights. Check out below to see what sold in Arrowon Pines in August 2017:
43531 Algonquin Drive, Novi: 3 bedrooms, 2.1 bathrooms, 1,691 sq. feet, 2 car garage, Sold Price: $272,000
Arrowon Pines Home Sold
August 2017
Also, be sure to keep any Insurance policies which provide a record and proof of your coverage. For more information on Arrowon Pines, or similar Northville or Novi neighborhoods such as Northridge Villas, Briarwood and Hickory Creek, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.