If you’re looking to buy a home, its a great time. Interest rates are low, allowing homeowners to snag a great deal and pay less over the course of their loan. Also, with the economy being in a downturn, many fantastic properties are being sold for under value. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know how important it is to hire a good home inspector to protect yourself. They should be able to see signs of water damage, or any electrical and plumbing red flags. A home inspector will also advise you on potential repair costs, which can provide leverage for you to go back to the sellers and lower the price you pay. The asking price for a house may seem like an unholy amount of money. But keep in mind, that’s just what the sellers are asking for—what they get could be a totally different picture. Check out below to see what sold in Lakes of Northville in October 2016:
17526 Farmcrest Lane, Northville: 4 bedrooms, 3 bathrooms, 3,283 sq. feet, 3 car garage, Sold Price: $390,000
Your Realtor will help guide you to a realistic offer. A good agent will know the price points of the areas you’re targeting and can back them up with historical data and comps. Since you can search the prices of homes that recently sold in any area, it’s easier to find out what the neighbors paid and gain better insight before you place an offer. For more information on Lakes of Northville, or similar Northville or Novi neighborhoods such as Abbey Knoll, Orchard Ridge Estates and Roma Ridge, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.