If someone is interested in buying your home and they need to sell theirs it would be called a Contingent Sale. This would mean that they want you not to market your home anymore and are willing to pay a set amount to keep it off the market until their home sells to ensure that they will get your house. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know this sounds simple, but you need to weigh a lot of factors before you agree to do it. Among the things to consider are: How urgent is your need to sell? Do they want you to keep your home off the market indefinitely, and are you willing to wait as long as it takes? We would suggest that a better way might be to offer the buyer a first right of refusal. If you receive another offer, they would have a short period of time to perform under the terms of their contract. If they can’t, you would have the right to terminate their contract and proceed with the new one. Otherwise, your life will be in limbo until the buyer’s home sells and they can close on yours. Check out below to see what sold in Briarwood in August 2015:
47298 Scarlet Drive N, Novi, MI: 4 bedrooms, 2.1 bathrooms, 2,065 sq. feet, 2 car garage, Sold Price: $277,500
Briarwood Home Sold
August 2015
For more information on Briarwood, or similar Northville or Novi neighborhoods such as Lakes of Northville, Northville Colony Estates and Roma Ridge, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.