It’s often said that when you own a home, you’re not throwing your money away on rent. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that this may be true, but when you buy a home you will still spend money on things that don’t build equity, such as; closing costs, property insurance, mortgage insurance and taxes. In fact, these expenses can add up to more than you’d likely spend on rent. If the only financial advantage of buying a home was building up equity, that wouldn’t be enough to offset these expenses, and it would be better to rent. Check out below to see what sold in Woodlands of Northville in August 2019:
17535 Oak Hill Drive, Northville: 5 bedrooms, 4.2 bathrooms, 3,790 sq. feet, 3 car garage, Sold Price: $790,000
Woodlands of Northville Home Sold
Freezing your monthly payments is the real advantage over renting. This is the gem that makes buying a home worthwhile. For more information on Woodlands of Northville, or similar Northville or Novi neighborhoods such as Pheasant Hills, Autumn Park and Ravines of Northville, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.