Saving enough cash for a down payment may seem impossible, but with planning and discipline you can make it happen. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know it might not be tomorrow, but owning your own home is something worth waiting for and working for. If you track every dollar you can find out exactly where your money goes each month. Review your credit card and bank statements carefully to categorize where you spent each dollar. Then rate every purchase as a “want” or a “need.” If you are paid through direct deposit, chances are you can split your paychecks into more than one account. Set up your new “down payment” savings account to take in a portion of your regular direct deposits. You can’t miss money you don’t see in the first place. Check out below to see what sold in Woodlands of Northville in July 2016:
16230 Linden Court, Northville: 4 bedrooms, 4.1 bathrooms, 3,242 sq. feet, 3 car garage, Sold Price: $615,000
Once you have a bit of money saved, talk to a financial professional about other places you might invest it to get a bigger return than you would by keeping it in your savings account – perhaps a money market account or a certificate of deposit (CD). For more information on Woodlands of Northville, or similar Northville or Novi neighborhoods such as Autumn Park, Pheasant Hills and Steeplechase, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.