How do you know if you’re ready for a home that’s larger or in a more desirable location. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we have a few suggestions that might be a sign that you may be ready to move. Look at your annual mortgage statement or call your lender to find out if you have built substantial equity in your current home. Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains. Maybe your income or financial situation has improved and you may be able to afford a higher mortgage payment. Sometimes there are reasons why you can’t remodel or add on. Then moving to a bigger home may be your best option. Check out below to see what sold in Hills of Crestwood in August 2017:
17601 Rolling Woods Circle, Northville: 4 bedrooms, 3.1 bathrooms, 3 car garage, Sold Price: $568,000
Hills of Crestwood Home Sold
August 2017
17565 Hilltop View, Northville: 4 bedrooms, 2.1 bathrooms, 3,561 sq. feet, 3 car garage, Sold Price: $610,000
Hills of Crestwood Home Sold
August 2017