When you on the market to buy a house, don’t go on a spending spree using credit if you are thinking about buying a home or if you are in the process of buying a new home. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that your mortgage pre-approval is subject to a final evaluation of your financial situation. This means that for every $100 you pay per month on a credit payment it could cost you about $10,000 in home eligibility. For example, a car payment of $300 a month could mean that you qualify for $30,000 less in a mortgage. Even if you have accumulated enough savings, you should consider not making any large purchases until after closing. Check out below to see what sold in Simmons Orchard in April 2018:
24443 Surfside Road, Novi: 3 bedrooms, 1.1 bathrooms, 1,428 sq. feet, 2 car garage, Sold Price: $266,000
Simmons Orchard Home Sold
April 2018
When waiting for your mortgage to be approved, the last thing you want is to know that you could have purchased a new home had you curbed the urge to spend. For more information on Simmons Orchard, or similar Northville or Novi neighborhoods such as Village Oaks, Whispering Meadows and Jamestowne Green, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.