While much attention is paid to the offering price of a home, a proposal to buy includes both the price and terms. You sometimes hear that the amount of your offer should be a certain percent below the seller’s asking price or an amount less than you’re really willing to pay. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know the offer depends on the basic laws of supply and demand: If many buyers are competing for homes, then sellers will likely get full-price offers and sometimes more. If demand is weak, then offers below the asking price may be in order. Check out below to see what sold in Country Place in June 2015:
41741 Onaway Drive, Novi: 2 bedrooms, 1 bathroom, 745 sq. feet, 1 car garage, Sold Price: $75,000
Country Place Home Sold
June 2015
20909 E. Glen Haven Circle, Novi: 2 bedrooms, 2 bathrooms, 1,201 sq. feet, 1 car garage, Sold Price: $117,000
Country Place Home Sold
June 2015
21380 E. Glen Haven Circle, Novi: 2 bedrooms, 2.1 bathrooms, 1,680 total sq. feet, 1 car garage, Sold Price: $135,000
Country Place Home Sold
June 2015
Counter-offers are common so it’s important for buyers to remain in close contact with realtors during the negotiation process so that any proposed changes can be quickly reviewed. For more information on Country Place, or similar Northville or Novi neighborhoods such as Highland Lakes, Crosswinds West and Lakewoode Parkhomes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.