When buying a new home and selling your current home simultaneously can be a tough proposition, you need to be prepared to do some juggling, and to stay flexible. In a hot market it’s often a deal killer to include in your offer to buy a new home with a contingency to sell your existing home. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we have seen that sellers will simply take their pick of offers not burdened by such a contingency. In today’s market it’s not much easier. On the other hand, if you sell your existing home first without having the new one finished you could wind up temporarily homeless or spending large amounts of money on hotel rooms or other high-priced temporary lodging. If possible, and you can carry two mortgages for three to six months, you’ll benefit financially from the best of both worlds. Check out below to see what sold in The Townes at Liberty Park in December 2015:
28010 Declaration Road, Novi: 2 bedrooms 1.1 bathrooms, 1,212 sq. feet, 1 car garage, Sold Price: $150,000
The Townes at Liberty Park Home Sold
December 2015
27993 Hopkins Drive, Novi: 2 bedrooms, 2 bathrooms, 1,248 sq. feet, 1 car garage, Sold Price: $175,000
The Townes at Liberty Park Home Sold
December 2015
28041 Hopkins Drive, Novi: 2 bedrooms, 2 bathrooms, 1,250 sq. feet, 1 car garage, Sold Price: $175,000
The Townes at Liberty Park Home Sold
December 2015
27878 Floyd Lane, Novi: 3 bedrooms, 2.1 bathrooms, 1,518 sq. feet, 2 car garage, Sold Price: $238,000
The Townes at Liberty Park Home Sold
December 2015
Another good idea is to buy your new home when it’s cool outside and hang onto your existing home until the spring thaw or later when buyers are more motivated. For more information on The Townes at Liberty Park, or similar Northville or Novi neighborhoods such as Highland Lakes, Country Place and Lexington, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.