There are many different types of warranties. Homeowners who are not listing their home for sale or who purchased their home more than 90 days before applying for the warranty can purchase a Homeowner Warranty. Sometimes these warranties do not go into effect for 30 days. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that there is also a Seller Home Warranty that can be bought during the time the property is listed for sale. The warranty becomes effective as soon as it’s paid for and covers the property during the listing. This plan can be transferred to the buyer at the closing. Check out below to see what sold in Lakes of Northville in November 2019:
41986 Pon Meadow Drive, Northville: 4 bedrooms, 2.1 bathrooms, 2,872 sq. feet, 2.5 car garage, Sold Price: $437,500
Lakes of Northville Home Sold
November 2019
There is also a Buyer Conversion Warranty. This warranty is purchased by the seller and transferred to the buyer immediately on the day of the closing. These can help motivate a buyer to purchase one home over another. This is a warranty purchased by the buyer or by the buyer’s real estate agent that becomes effective on the day of the closing. These can help motivate a buyer to purchase one home over another. For more information on Lakes of Northville, or similar Northville or Novi neighborhoods such as North Hills, Briarwood and Northville Colony Estates, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.