If you intend to stretch your retirement money further by cutting back on housing expenses, it won’t do you much good if you’re taking on a bigger mortgage or adding costs after you factor HOA dues and the higher cost of living in your new golf community. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that you’d be wise to use the proceeds from your home sale to buy a smaller house outright or at least see if you can qualify for a 15-year rather than 30-year mortgage to save on interest. The second biggest reason people move later in life is to usher in new beginnings. Think about what you value most and which type of residence and location would fulfill your dreams. Check out below to see what sold in Liberty Park in July 2021:
28113 Declaration Road, Novi: 4 bedrooms, 3.1 bathrooms, 3,046 sq. feet, 2 car garage, Sold Price: $528,700
Liberty Park Home Sold
July 2021
Downsizing could be your chance to think long-term about aging in place. A residence with features like walk-in showers, wider hallways, grab rails and handles, and no stairs could help you put off paying $43,000 per year for assisted living. 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 jim@dimora.com.