The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that some wonder what the closing process is like when selling their home. First of all, the closing process is always changing. It is even referred to as “settlement” or “escrow” in different parts of the county. With increased technology, most closings are completely automated and both parties do not have to be present at the same time to sign. The closing of a home usually take about 30 days to complete. It 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 filed with the local record office. Check out below to see what sold in Meadowbrook Glens in November 2019:
42415 Park Ridge Road, Novi: 3 bedrooms, 2 bathrooms, 2,206 sq. feet, 2 car garage, Sold Price: $278,500
Meadowbrook Glens Home Sold
November 2019
24351 Knollwood Street, Novi: 3 bedrooms, 2.1 bathrooms, 1,640 sq. feet, 2 car garage, Sold Price: $300,000
Meadowbrook Glens Home Sold
November 2019
24789 Applecrest Drive, Novi: 3 bedrooms, 3 bathrooms, 2,270 sq. feet, 2 car garage, Sold Price: $314,777
Meadowbrook Glens Home Sold
November 2019
It is important 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 Meadowbrook Glens, or similar Northville or Novi neighborhoods such as Village Oaks, Simmons Orchard and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.