One of the most exciting parts of buying a home is the endless possibilities of making it your own. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we want you to know if you want to make renovations or repairs to your home, you can take out renovation loans to help. Renovation loans, also referred to as home improvement loans, are a type of loan specifically for the purpose of making major updates to your home. Think bigger than just a set of paint brushes or laying down new carpet; a renovation loan covers bigger projects, like adding rooms to a home, building a mother-in-law apartment, or renovating a bathroom completely — to name just a few. Check out below to see what sold in Jamestowne Green in September 2024:
44975 Yorkshire Drive, Novi: 3 bedrooms, 1.1 bathrooms, 1,624 sq. feet, 2 car garage, Sold Price: $415,000
Jamestowne Green Home Sold
September 2024
Renovation loans are usually based on the estimate of what the project will cost, as well as the post-renovation property value. Much like traditional mortgage loans, as well as personal loans, renovation loans are repaid over a time period and accrue interest that must also be repaid. For more information on Jamestowne Green, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.