Coming up with a down payment to purchase your first home can be a daunting task. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know how hard it can be to come up with the money you need for your down payment. For most individuals, it can be incredibly tough to save enough, particularly if you’re strapped for cash. The good news is that if you’ve been consistent about saving for your retirement, you have an advantage thanks to the two 401k first time home buyer options. These options allow you to supplement your down payment with cash from your 401k. However, not everyone qualifies to use money from a 401k. There are strict rules, so it’s vital that you contact a financial expert so you understand how the process works before you move forward. Check out below to see what sold in Carriage Hill in August 2018:
41295 Picadilly Circle, Novi: 4 bedrooms, 2.1 bathrooms, 3,160 sq. feet, 2 car garage, Sold Price: $460,000
Carriage Hill Home Sold
August 2018
Beware that not all plans permit loans. You’ll need to check with your particular plan to see what is allowed. For more information on Carriage Hill, or similar Northville or Novi neighborhoods such as Royal Crown, Maple Hill and Dunbarton Pines, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.