If you are selling your home, you may or may not remember that you signed and received a deed when you purchased your property, such as a warranty deed or quitclaim deed. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that this deed provides proof of ownership for the buyer and transfers the title or deed to you, regardless of who the property owner was before you. A warranty deed is used in most real estate sales transactions and states that the previous owner is the owner of the property and has the right to transfer the property to you. A quick claim deed is used when a real estate property transfers ownership without being sold. No money is involved in the transaction, no title search is done to verify ownership, and no title insurance is issued. A quitclaim deed real estate transaction sometimes occurs between family members. Check out below to see what sold in Greenwood Oaks in November 2019:
47604 Wellesley Court, Novi: 4 bedrooms, 3.1 bathrooms, 3,279 sq. feet, 2 car garage, Sold Price: $510,000
Greenwood Oaks Home Sold
November 2019
47527 Greenwick Drive, Novi: 4 bedrooms, 3.2 bathrooms, 3,448 sq. feet, 3.5 car garage, Sold Price: $550,000
Greenwood Oaks Home Sold
November 2019
Some families decide to put their real estate property into a family trust, and a quitclaim deed can be used then as well. For more information on Greenwood Oaks, or similar Northville or Novi neighborhoods such as Yorkshire Place, Deerbrook and Mystic Forest, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.