Jamestowne Green Real Estate Sales Report in November 2018

Its important that you get an appraisal for the house you want to purchase. Your lender – as well as you – will want to know that your property is worth what you’re paying. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that your appraisal will be ordered upon final review/approval of your loan. The faster you provide your lender with the documents, the faster your appraisal gets ordered. Be prepared for your appraisal to take up to 2/3 weeks or more. If the appraisal comes in below asking, consult with your realtor immediately. Depending on the way the contract is written, the home must appraise for the contract price or you, as the buyer, will be required to bring those additional funds to closing (out of pocket) outside of your mortgage loan. Your contract will stipulate the time period in which you have to notify the seller upon receipt of the appraisal if you wish to negotiate a reduced sales price (assuming your offer was made contingent upon the home appraising for the purchase price). Check out below to see what sold in Jamestowne Green in November 2018:

44682 Yorkshire Drive, Novi:  3 bedrooms, 2 bathrooms, 1,262 sq. feet, 2 car garage, Sold Price:  $305,000

Jamestowne Green Home Sold
November 2018

44612 Mansfield Drive, Novi:  4 bedrooms, 2.1 bathrooms, 2,328 sq. feet, 2 car garage, Sold Price:  $322,800

Jamestowne Green Home Sold
November 2018

Typically, you will be out of pocket at least $300 for the appraisal. For more information on Jamestowne Green, or similar Northville or Novi neighborhoods such as Whispering Meadows, Northville Estates and Abbey Knoll, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.

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