Negotiations start after a buyer makes their initial offer to the seller. Because it’s often mutually beneficial to move forward as quickly as possible, the length of negotiations comes down to how fast the agents can communicate their client’s interest and get the deal down in writing. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that negotiations officially stop when both the buyer and seller have signed the purchase offer that details the agreed upon price and terms. If unexpected issues with the house or a low appraisal throw a wrench in the closing, then you have what’s called a delayed settlement. All in all, a closing on a house typically lasts between 30-45 days. Check out below to see what sold in Yerkes Manor in November 2021:
20719 Emily Court, Novi: 4 bedrooms, 2.1 bathrooms, 2,827 sq. feet, 2 car garage, Sold Price: $520,000
Yerkes Manor Home Sold
November 2021
Before you even start fielding offers from prospective buyers, take the time to think about what matters the most to you and identify your priorities accordingly. For more information on Yerkes Manor, or similar Northville or Novi neighborhoods such as Mystic Forest, Windridge and Greenwood Oaks , contact The DiMora Team today at 248-505-7728 or jim@dimora.com.