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Royal Crown Real Estate Sales Report in November 2015

If you made an offer on a house and the appraisal comes back lower than the original price, you can get out of your contract as long as your contract was contingent on the appraisal.  The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know as long as you have not already signed the addenda agreeing to the new price, and you are within your time limit for the financing contingency, you should be able to get your escrow deposit back.  Don’t waste any time speaking with a Realtor about wanting to back out, as there are usually time restraints on having appraisals and loan commitments completed if you are under contract.  Check out below to see what sold in Royal Crown in November 2015:

45704 Irvine Drive, Novi:  4 bedrooms, 3.1 bathrooms, 3,097 sq. feet, 2 car garage, Sold Price:  $430,000
Royal Crown Home Sold
November 2015

45547 Irvine Drive, Novi:  4 bedrooms, 4.1 bathrooms, 3,437 sq. feet, 2 car garage, Sold Price:  $470,000

Royal Crown Home Sold
November 2015

If you like the home, discuss your option with your Realtor and perhaps their Broker.  Do not let a lower appraisal frighten you.  Now is a great time to buy a home.  For more information on Royal Crown, or similar Northville or Novi neighborhoods such as Maple Hill, Dunbarton Pines and Turtle Creek, contact The DiMora Team today at 248-505-7728 or

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