In today’s real estate climate, buyers, lenders, appraisers and inspectors are more scrutinous than ever. It is not only the buyer, but the lender, appraiser and the buyer’s insurance company that could be making the call on a home’s condition. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that before you sell, you need to be realistic about the condition of your home. Unless the home is deeply discounted below market value, which realistically means it would be far too low pricewise that you would agree to accept, the buyer will care about it and if they don’t, their home inspector certainly will! Sellers often fear that if they disclose too much or provide too many details, that it could affect their ability to sell for top dollar but failure to disclose could open you up to liability after the sale. Check out below to see what sold in Stonewater in January 2020:
48576 Stoneridge Drive, Northville: 5 bedrooms, 5.1 bathrooms, 3,688 sq. feet, 3 car garage, Sold Price: $860,000
Leaving questions blank, or not being clear on the age of certain things only creates more red flags and concern for a potential buyer. If you answer the questions honestly and fully disclose any known issues or repairs that were made it will eliminate buyer fear and doubt. For more information on Stonewater, or similar Northville or Novi neighborhoods such as Fox Hollow, Pheasant Hills and Northville Hills Golf Club, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.