A home appraiser looks at many of the same things, but for a different purpose. The home appraiser’s job is to estimate your home’s current market value for the buyer’s lender. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that it’s important that your home is prepared for […]
When selling your house, there are some home projects that might help you sell your home for more. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that half of real estate agents cited the “need for more space” as the No. 1 moving motivator for buyers to close the […]
When selling your house, some repairs may be necessary in order to pass the home appraisal and/or home inspection. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that a home inspection is a requirement for many mortgage loans. During an inspection, a home inspector performs a visual inspection, […]
For many borrowers, paying off a mortgage is a 15- or 30-year process. But it’s nice to think as you make those payments about the wealth that you’re accumulating each month. Homeowners who opt for 15-year mortgages tend to build equity faster because they typically make higher monthly payments and have lower interest rates. The […]
The best way to determine how much you still owe on your mortgage is through your loan servicer. Many lenders today provide online tools to access the most recent details about your mortgage, including your payment history and copies of your monthly mortgage statement, in a secure online portal. The DiMora Team are real estate […]
Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation. It’s calculated by taking the current value of your home minus your principal balance and the total of any additional liens that must be paid off before selling the property. The DiMora Team are real estate […]
Curb Appeal – Minor Fixes Big Improvement: The best approach you can take to improve curb appeal when you’re selling your home is to take care of all problem areas that an appraiser would require you to fix. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that […]
Your home equity is the amount of your home’s total value that you own, with any mortgage lender owning the rest. Typically, as you pay off your mortgage, your equity increases, but there are other ways for your equity to rise. Homeowners with mortgages saw their home equity grow by 28% as of September 2022 […]
You Need Great Photos of your Curb Appeal: According to the National Association of Realtors (NAR), 51.5% of buyers under 50 found the home that they purchased online. With a home-buying industry that largely starts online now, you need stellar photos of your house’s curb appeal to get the most buyers knocking at your front […]
Quick Curb Appeal Tips for Landscaping: First up for curb appeal landscaping is to clear out any lawn clutter (furniture, old lawn mowers, lawn ornaments). Then, trim all bushes. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that another thing the appraiser will call out – plus […]
