After you apply for a loan, it can take 30-45 days to get a “Mortgage Commitment” from your lender. This commitment will sometimes come with conditions that have to be met, such as receipt of an acceptable appraisal, or it come without any conditions or “Clear to Close”. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and you need to keep in mind that right up until the closing the lender can pull their commitment if there is additional information brought to light such as a change in your credit score, so don’t go out and finance any cars or boats until you close on the home. Check out below to see what sold in North Beacon Woods in October 2015:
After you have the inspections on the home and the land appraised, everything should be in line to make sure you officially have the loan to close. For more information on North Beacon Woods, or similar Northville or Novi neighborhoods such as Addington Park, Barclay Estates and Churchill Crossing, contact The DiMora Team today at 248-505-7728 or email@example.com.