There are many reasons why paying cash for a home is better than getting a loan, even when it comes to the effect of a cash offer on house closing costs. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know if you purchase your new home outright, you won’t have to worry about what type of interest rate you get or how much your monthly payments will be. Instead, you can enjoy financial freedom without a mortgage. This also means that you’ll be saving money on interest. You paid for the house in full, so you don’t have to worry about thousands of extra dollars over the years in interest payments. Check out below to see what sold in Fox Hollow in September 2018:
18593 Fox Hollow Court, Northville: 4 bedrooms, 4.1 bathrooms, 3,208 sq. feet, 3 car garage, Sold Price: $850,000
Fox Hollow Home Sold
In most cases, sellers love for cash homebuyers. It makes everything easier on the seller’s end, which means that you can probably negotiate a better price. The seller will know that you won’t back out at the last minute due to loan issues so that you can haggle a little more. For more information on Fox Hollow, or similar Northville or Novi neighborhoods such as Tuscany Reserve, Stonewater and Woods of Edenderry, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.