If you are thinking about purchasing a home that is in a short sale and are wondering if you can offer a price that is lower than the sale price, its doubtful that it will be accepted if this price has already been approved by the bank, the appraisal or BPO, which must have come in at that value. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we suggest that you talk to a local short sale Realtor who can give you the best advice. If you want to buy a short sale, you will want an experienced agent to represent your interests. Some short sale situations can work fine, but most are not easy, require more time to close that foreclosed or traditional sales, and often you can not be sure what condition the property will be in when and if the owner actually vacates. Check out below to see what sold in Woodlands of Northville in September 2015:
17891 Stonebrook Court, Northville: 4 bedrooms, 4.2 bathrooms, 4,486 sq. feet, 3 car garage, Sold Price: $799,999
Woodlands of Northville Home Sold
Also, don’t expect money for repairs in a short sale or assistance with closing costs– if they are losing money and the Seller does not have money, they will not have additional funds to assist with these costs. For more information on Woodlands of Northville, or similar Northville or Novi neighborhoods such as Autumn Park, Steeplechase and Pheasant Hills, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.