A home appraiser looks at many of the same things, but for a different purpose. The home appraiser’s job is to estimate your home’s current market value for the buyer’s lender. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that it’s important that your home is prepared for an appraisal because appraisal issues caused a delayed settlement in 8% of contracts as of August 2022, according to the National Association of Realtors®. Some lenders, such as FHA, have minimum prooperty requirements that must be met for loan approval. Although an appraisal is supposed to take into account more permanent aspects, such as location, property size, square footage, zoning, and materials, if your home is dirty or in need of multiple repairs, it can affect the appraiser’s opinion. Check out below to see what sold in The Townes at Liberty Park in October 2022:
27989 Hopkins Drive, Novi: 2 bedrooms, 2 bathrooms, 1,248 sq. feet, 1 car garage, Sold Price: $233,000
The Townes at Liberty Park Home Sold
October 2022
For more information on The Townes at Liberty Park, or similar Northville or Novi neighborhoods such as Country Club Village, Briarwood and Hickory Creek, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.