If the offer you made on a home was rejected, they do have their reasons and its not always just because a higher bidder came along. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we have a few suggestions of what you should not do when you really want a home. There are many agents who swear by the power of a heartfelt offer letter, but make sure that you don’t in any way insult the sellers or their taste. We have seen an offer come in at $15,000 over list price. The second offer was $40,000 over list price. While the latter higher offer was tempting to take, the agent explained that the house was not likely to appraise for this higher amount, which meant the loan might not close. So they went with the lower offer of the two. Check out below to see what sold in Northville Colony Estates in April 2019:
41678 Rayburn Drive, Northville: 3 bedrooms, 1.1 bathrooms, 1,536 sq. feet, 2 car garage, Sold Price: $295,000
Northville Colony Estates Home Sold
April 2019
When the bids are very close, things like a personal offer letter can either help or hurt, depending on what it says. In one case, the buyer went on and on about the huge remodel he would do when he owned the house. But this was a slap in the face to our sellers. For more information on Northville Colony Estates or similar Northville or Novi neighborhoods such as Lakes of Northville, Orchard Ridge Estates and Roma Ridge, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.