Nashville has witnessed an extraordinary resurgence in recent years as many young people flock to the Music City for career opportunities, vibrant culture, beautiful weather, and the bounty of places to settle down and raise a family.
But if you’re moving to Nashville TN from out of town or out of state, there are a few things you should know about finding a home. While housing and mortgage opportunities abound in Nashville, it can be a competitive world thanks to the recent population boom. Read on to find out everything you should know about getting settled in this beautiful city.
- Research Your Neighborhoods
Nashville is a city of many faces and pockets, and there’s a different neighborhood for every type and personality. Young families love Mt. Juliet and the West End. You can find trendy shops, cafes, and venues over in the more bohemian East End. Belle Meade has one of the best school districts in the state. The neighborhood you choose will influence your experience with the city.
- Find Local Mortgage Lenders
Moving to Nashville TN from out of town or out of state can leave you vulnerable if you don’t understand the current housing market. While online mortgage lenders may promise you zero down home loans or low rate mortgages, only a local company will understand the circumstances of the area. Speaking with someone in person can also ease your financial transition: it may be hard finding a lender if you’re moving to Nashville TN for a new job, for example, because changes to your employment status or income can greatly affect the mortgage process. However, you can always counteract low credit scores or other undesirable factors with a larger down payment. As soon as you are comfortable with the numbers, lock in a mortgage rate as soon as you can.
- Prepare Your Transportation
While Nashville does have a public transportation train system that services some of the surrounding neighborhoods, it doesn’t cover all the necessary ground. Traffic on the major highways can get congested during rush hour, so plan your commute times and routes accordingly.
- Most importantly, be prepared to fall in love with your new home. Welcome to Nashville!