The path to homeownership can be intimidating to first-time home buyers, especially if they need to improve their financial standing. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that with a lease-to-own agreement, current renters can have an easier path to purchasing a property. A lease-to-own agreement is an agreement in which you lease a property for a specific amount of time, with the option to purchase the property before the lease ends. While typical lease agreements have terms for how long you’ll lease the property, lease-to-own agreements differ in the end option to buy the property, rather than simply renew your lease for an additional period. Check out below to see what sold in Cascades of Northville in September 2024:
18130 Cascade Drive, Northville: 6 bedrooms, 5.1 bathrooms, 3,582 sq. feet, 2 car garage, Sold Price: $885,000
Cascades of Northville Home Sold
September 2024
For both paths, the renter’s financial investment in the property not only covers rent but gives them more opportunity to pursue purchasing the property at the end of the lease term. For more information on Cascades of Northville, contact The DiMora Team today at 248-505-7728 or jim@dimora.com