After you put an offer on a house, a buyer will have between 5-10 days to conduct their private inspection after offer acceptance. This is at their expense and their agent will be present during the inspection. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that if something major shows up, they may ask for repairs or for a price adjustment. If they do ask for something, this technically opens the whole contract back up for negotiations. This is one reason we suggest having an inspection prior to listing your home so you know how much you are willing to negotiate later. The buyer’s lender will order the appraisal once all parties have agreed upon everything during the inspection. This is why it is so important to price your home according to market value. If the buyer’s appraisal comes in under the offer price, you will be asked to lower your price to the appraised value. Check out below to see what sold in Walden Woods in July 2023:
25905 Laramie Drive, Novi: 4 bedrooms, 4.1 bathrooms, 3,618 sq. feet, 3 car garage, Sold Price: $752,500
Walden Woods Home Sold
July 2023
For more information on Walden Woods, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.