When buying a house, the home appraisal contingency requires that an official appraisal is conducted by a certified appraiser to determine the fair market value of the home. This will ensure that you’re purchasing the home for what it’s worth. The DiMora Team are real estate experts in the Northville and Novi neighborhoods, and we know that if you are using a mortgage loan to fund your real estate buy, your lender will require a property appraisal to grant your loan. Lenders want to ensure that they are not over lending for the home purchase. Check out below to see what sold in Northridge Farms in January 2025:
19345 Surrey Lane, Northville: 2 bedrooms, 2 bathrooms, 1,177 sq. feet, no garage, Sold Price: $179,100
Northridge Farms Home Sold
January 2025
Even when you are not using a home loan, you should still follow the example of your lender and require a home appraisal contingency to avoid paying an inappropriate amount for your new home. For more information on Northridge Farms, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.