Many baby boomers today say it makes more sense to carry a mortgage even though many of their parents paid off their house before retiring. The game-changers: low interest rates and high stock-market returns. Older Americans may come out ahead by keeping 401(k)s and other holdings invested rather than cashing out to make a house […]
A realtor is a licensed real estate salesperson who belongs to the National Association of REALTORS®, the largest trade group in the country. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we want you to know that every agent is not a realtor, but most are. If you’re unsure, you can […]
At the end of the home buying process, you will be faced with closing costs, which are the fees due at signing required to complete a home sale. Closing costs can be expensive, but some of those fees may be negotiable. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know […]
If you’re moving out of your current home while its still on the market, your vacant property could attract more than potential buyers—it could attract criminal activity. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that an unoccupied property is at risk for a break-in. Graffiti, damaged […]
If a home lingers on the market too long, it may be perceived by buyers as flawed or overpriced. So in the interest of avoiding a bad rep, some sellers pull their listing from the market and take some time to reassess and, eventually, relist. The DiMora Team are real estate experts in the Northville and Novi […]
You sometimes hear that the amount of your offer on a house should be a certain percent below the seller’s asking price or an amount less than you’re really willing to pay. In practice, the offer depends on the basic laws of supply and demand: If many buyers are competing for homes, then sellers will likely […]
While most people dread tax time, if you are getting a refund, this time of year can seem very rewarding. Whether you are receiving a refund of a few hundred dollars or several thousand dollars, if you’re contemplating buying your first home, you may want to deposit your refund into an account dedicated to your […]
