Many factors go into a buyer finding the right home, including researching neighborhoods and looking at the market to understand what is available within a budget. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we have seen that sometimes people need to adjust their expectations on what they want – or what they can afford. A mortgage payment is only part of the monthly cost of homeownership. There’s also the potential HOA fee, private mortgage insurance (typically required with a down payment of less than 20%), homeowners insurance and property taxes to consider. Once homebuyers have a feel for how much they are able to afford each month, they should work with a mortgage advisor to get pre-qualified for a loan that meets their needs and works with what they can afford monthly. Check out below to see what sold in Liberty Park in December 2019:
45083 Bartlett Drive, Novi: 4 bedrooms, 3.1 bathrooms, 2,290 sq. feet, 2 car garage, Sold Price: $423,000
Liberty Park Home Sold
When you get pre-qualified, you will then know what your budget is before you go look. It’s always good to know how much money you have in your pocket to spend. For more information on Liberty Park, or similar Northville or Novi neighborhoods such as Royal Crown, Carriage Hill and Yorkshire Place, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.