If there are multiple offers on a house and the person that won the bid is unable to get financing, the seller will then select the next highest bid in back-up position. If you’ve bid on a home and were not selected, make sure the listing agent is aware that you’d like to remain in back-up position. The […]
If you are ready to purchase a home and want to do it without a Realtor, you should think twice about it. A Realtor is really there for your protection and to make sure that everything goes smoothly and that you are not signing or doing anything that will harm you in the transaction. The […]
If you decide to purchase a home that is vacant and you know it is still for sale, do you have to put down 1% earnest money? Earnest money deposit is also called ‘a good faith deposit’; it shows you are in earnest about purchasing this property from the seller. The DiMora Team are real estate experts […]
A home inspection contingency is one of the most important contingencies. It gives the buyer the right to have the home professionally inspected. If something is wrong, the buyer can request it be fixed or they can back out of the sale. The DiMora Team are real estate experts in the Novi and Northville neighborhoods […]
If you are wondering what a contingent offer means, it is pretty standard. It means an offer on a home has been made and the seller has accepted it, but the finalized sale is contingent upon certain criteria that have to be met. The DiMora Team are real estate experts in the Novi and Northville neighborhoods […]
If you need to hire a contractor to do some upgrades for a home and they don’t have the means to float material costs and some amount of labor before receiving a draw, they simply aren’t worth the risk of doing business. A contractor who doesn’t have the cashflow to begin a project is one small […]
40039 Crosswinds, Novi, MI Just Listed! Fantastic ranch style home for sale located in desirable Novi. Features include: 1134 square feet 2 Bedrooms and 1.1 Bathrooms Completely updated condo features Living Room with fireplace Updated Kitchen and Dining Room with bay window Finished basement and large Master Suite Complex includes Swimming Pool, Club House and Tennis […]
If you find a home you want to by after going to an Open House, should you use the selling agent or get your own buyer’s agent? The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that you can work with the seller’s agent, but be aware that […]
If you are selling your house and have an accepted offer but after their home inspection they came back to you with a lower offer, is this ethical or even legal? The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that this is not unethical or illegal. It is […]
If you use a Realtor to list your home, do you have to use the same Realtor to purchase another home in a different area of your town? The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we suggest you read your agreements with your Realtor carefully. If you have a […]
