Saying Good-by to your home can be hard but the excitement of buying another house is exciting. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that there are always changes in the closing process too. It can even be referred to as “settlement” or “escrow” depending on where you live. With increased technology, most closings are completely automated and both parties do not have to be present at the same time to sign. A closing usually takes about 30-45 days to complete. This mainly depends on the buyer’s financing availability, successful home inspections and various lender conditions. This final process is the transfer of the title of the property from the seller to buyer. The buyer will receive the keys to the home or the deed to the land, while the seller receives payment for the property. The amount the seller receives is based upon the amount that is still owed on the mortgage, any outstanding fees or taxes and any additional closing costs. All legal papers are then filed with the local record office. Check out below to see what sold in Dunbarton Pines in September 2019:
22480 Alton Court, Novi: 4 bedrooms, 2.1 bathrooms, 2,607 sq. feet, 2 car garage, Sold Price: $389,900
Dunbarton Pines Home Sold
September 2019
44601 Ford Way Drive, Novi: 4 bedrooms, 2.1 bathrooms, 2,509 sq. feet, 2 car garage, Sold Price: $443,000
Dunbarton Pines Home Sold
September 2019
The final step is for the buyer to take a final walk through the property to make sure the property’s condition has not changed. It is equally important for both the buyer and seller to make sure the paperwork they are signing reflects the agreement of the original sale. For more information on Dunbarton Pines, or similar Northville or Novi neighborhoods such as Turtle Creek, Quail Ridge and Maple Hill, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.