While most people dread tax time, if you are getting a refund, this time of year can seem very rewarding. Whether you are receiving a refund of a few hundred dollars or several thousand dollars, if you’re contemplating buying your first home, you may want to deposit your refund into an account dedicated to your down payment fund. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that the more you put into your down payment, the less you have to borrow. Saving your refund for two or three years worth of refunds along with savings from monthly discretionary cash flow is a serious way to help fund the down payment for a home purchase. Check out below for what sold in Woodlands of Northville in April 2015:
44494 White Pine Circle E, Northville: 4 bedrooms, 3.2 bathrooms, 3,330 sq. feet, 3 car garage, Sold Price: $555,800
44589 White Pine Circle E, Northville: 5 bedrooms, 4.1 bathrooms, 5,180 total sq. feet, 3 car garage, Sold Price: $595,000
45208 Oak Forest Drive, Northville: 4 bedrooms, 4.1 bathrooms, 4,872 total sq. feet, 3 car garage, Sold Price: $615,000
17209 Orchard Ridge Road, Northville: 4 bedrooms, 3.2 bathrooms, 3,876 sq. feet, 3 car garage, Sold Price: $625,000
First-time buyers will realize an even bigger tax refund in the next year because they’ll have a new write-off in the interest paid on their mortgage. For more information on Woodlands of Northville, or similar Northville or Novi neighborhoods such as Pheasant Hills, Ravines of Northville and Steeplechase, contact The DiMora Team today at 248-505-7728 or email@example.com.