When you are shopping for a mortgage, be sure that you ask the right questions. If you know exactly what your needs are, you will be able to find the loan that is right for you. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that there are certain approaches that you can take while mortgage shopping that can cost or save you money. The better qualifications that you have, the lower your interest rate will be. However, there are mortgages available for almost everyone; it’s the interest rates or the down payments that vary. Before you talk to a lender, know what monthly dollar amount you feel comfortable committing to. Then when you discuss mortgage pre-approval with your lender, it will be easier for you to determine the monthly amount and what value of home the monthly amount translates into. Check out below to see what sold in Orchard Ridge Estates in May 2018:
44085 Winthrop Drive, Novi: 3 bedrooms, 3.1 bathrooms, 2,064 sq. feet, 2 car garage, Sold Price: $383,950
Orchard Ridge Estates Home Sold
May 2018
Be sure you don’t put yourself in a position where you will be paying more each month than you intended simply because the dream home requires it. Do your research on the types of mortgages available to you and find the one that best suits your needs. For more information on Orchard Ridge Estates, or similar Northville or Novi neighborhoods such as Northville Colony Estates, Roma Ridge and Turtle Creek, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.