When purchasing a home in a Short Sale, you need to know that this is a very time consuming process that will require tremendous patience from the potential buyer. Short sale approvals can take anywhere from 4 weeks to a year. The best person to find out more details is your agent. They can contact the lender who will be getting other valuations of the home based on the current market, then will be negotiating with the investors of the mortgage. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we have done short sales that have taken 6 months to complete. All too often, however, buyers get frustrated and move on. If this is THE property you want, you will need to be patient and ask your Realtor to provide or request updates. Check out below to see what sold in Country Place in August 2015:
20923 E. Glen Haven Circle, Novi: 2 bedrooms, 2 bathrooms, 1,201 sq. feet, 1 car garage, Sold Price: $120,000
Country Place Home Sold
August 2015
21029 W. Glen Haven Circle, Novi: 3 bedrooms, 2.1 bathrooms, 1,530 sq. feet, 1 car garage, Sold Price: $130,002
Country Place Home Sold
August 2015
21376 E. Glen Haven Circle, Novi: 3 bedrooms, 2.1 bathrooms, 1,522 sq. feet, 1 car garage, Sold Price: $143,700