Buying a home with cash has definite advantages in today’s market. Among investors and international buyers, more than 70 percent of properties are bought outright. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know if you can afford to buy up front, Sellers are likely to favor buyers who can pay in cash. Also, the home price may be reduced for those who pay in full up front. All-cash purchases streamline the home buying process: No loans means less paperwork and no delays for mortgage approval. Many times cash buyers pay much less for their homes in the long run. Check out below to see what sold in Roma Ridge in July 2015:
24278 Roma Ridge Drive, Novi: 4 bedrooms, 2.1 bathrooms, 2,590 sq. feet, 2 car garage, Sold Price: $355,000
Roma Ridge Home Sold
Most importantly, all-cash purchases bring an inviolable sense of security. Owning your home outright means never having to worry about covering your mortgage. For more information on Roma Ridge, or similar Northville or Novi neighborhoods such as Turtle Creek, Dunbarton Pines and Maple Hill, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.