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Should I Rent or Should I Buy a Home in Clarksville TN in 2018?

By
Managing Real Estate Broker with Platinum Properties- (931)771-9070 TN Broker: 208698

 Should I Rent or Should I Buy?

Rent or buyNot everyone should buy a home.  Not all qualify nor does it fit into the plans of others. It all depends. Many people moving to Clarksville, TN ask this question and don't know which direction to go in.

Clarksville is a military town with thousands of military personnel and civilian workers that support the Army. The length of their residency can be very unpredictable. Military orders can come very unexpectedly. Prospective home buyers are wary about purchasing a home will be smart. When the future is uncertain it can be scary.

Let's look at several things to consider.

  1. If you know for sure that you will not be staying long term and don't want the responsibility of turning your home into a rental property in the event you cannot sell and come out clean, then consider renting.are considering buying but not going to be staying long term in the area.

  2. If you have pets you may be shut out of getting a rental home depending on the types and quantity. This is a good reason to consider buying your own home and to get one that has a fenced yard.

  3. The market may have a number of rental properties in inventory or in the location you want. Rents can be as high as house payments or even higher. 

  4. For those that have VA Eligibility, you can buy with no money down. Clarksville sellers help pay part of the closing costs for the buyer. This makes buying more affordable than renting. Rental utility deposits can be higher than if you own.

  5. If you do have to leave the area in a couple of years, there is a good chance the market has appreciated and your home is worth more and maybe even enough to cover selling costs and make some on top of that. 

  6. Do you like having your own home? It gives you choices and freedom to decorate, paint, landscape the way you want. It can be very satisfying and make you happy.

Check out the available homes for sale in Clarksville TN. 

If your home doesn't sell, your home can make a good rental. Currently, rental inventory is at 98% occupancy rates. This is a good way to start investing in yourself.

 

You need a good agent that can help you show you the differences and help you weigh the options. When you want to consider whether buying is for you, contact The Real Debbie Reynolds at 931-320-6730.

Posted by

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Great advice for those unsure about whether it makes sense to rent or buy in Clarksville TN, Debbie.

Jan 06, 2018 04:14 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Debbie, Nice message for those moving to Clarksville and are uncertain of buying or renting.

Jan 06, 2018 06:16 AM
Roy Kelley
Retired - Gaithersburg, MD

This is very good information to share with families moving to the area.

Jan 06, 2018 08:18 AM