When you’re selling your home, you might feel like you hold all the cards. And you do—sort of. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know it’s easy to become overconfident in a seller’s market. Bidding wars are a home sellers’ dream. And there’s nothing wrong with fueling a little competition among buyers in order to get the best deal for you. But this tactic can easily backfire if you bungle it. If you already have a strong offer on the table, but then insist that all potential buyers come back with their highest and best bid, there’s no guarantee buyers will play ball and, if that strong offer walks, you’re stuck with lower offers to choose from. Check out below to see what sold in Cheltenham Estates in December 2019:
47450 Cheltenham Drive, Novi: 5 bedrooms, 5.1 bathrooms, 5,658 sq. feet, 3 car garage, Sold Price: $840,000
Cheltenham Estates Home Sold
December 2019
The bottom line is to proceed with caution before you turn up the heat on the competition, lest you risk losing out on a dream deal. For more information on Cheltenham Estates, or similar Northville or Novi neighborhoods such as Ravines of Northville, Beckenham and Woodlands of Northville, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.