Yes, There Are Some Homes for Sale under $150,000
Homes priced under $150,000 are getting harder to find but with a watchful eye you can find a good selection. They are so affordable they don't stay on the market long in Clarksville TN.
Buyers are competing in these lower price ranges and taking advantage of low interest rates. Rent prices are oftentimes higher than the house payment would be.
These affordable homes under $150,000 may be all brick homes, have garages, and big fenced yards. This price range is moving fast and sometimes with multiple offers.
2016 sales have been good and in the entire market 720 homes have sold under $150,000. These homes under $150,000 represent 46.4% of the closed sales for 2016. In 2017, there were 1827 homes that sold under $150,000. price range. So far in 2018, 586 homes have sold in this price range. See how that breaks down by zip codes below.
|Primary Zip Codes in Clarksville||37040||37042||37043|
|Closed Sales for 2018||161||375||50|
You can even find a few homes under $100,000. The REO and foreclosures in this price range usually need some work and may be a challenge to get financed.
You can use a 100% VA loan with no money down. Sellers will often help pay closing costs and the funding fee can be financed. Buyers have very little front end investment. Even if you only plan to live in the area a couple of years, this can be a better choice than renting a home which could cost you $1000-$2000 to get into a rental home. If you have pets then the selection of homes will be very limited. Pet deposits and extra fees can make it even more expensive.
You will be surprised how much you can get for your money. The REO and Foreclosure market has a surprise every now and then and the homes can be quite nice.
Get prequalified early in the process so you are on the right track and not wasting your time, the seller's or your agent's time. Many sellers will not accept your offer without it.
First step is to have your agent watching for these homes for you. I can set you up to get daily alerts as homes hit the market. Once you find an affordable home and get it in contract be sure to include getting a home inspection. There are some really good buys in this price range.
More Affordable Homes for Sale under $150,000 in Clarksville TN.
When you are in the market to buy or sell Clarksville TN Real Estate, then I want to be your agent. Contact The Real Debbie Reynolds at 931-320-6730.
2130 Wilma Rudolph Blvd.
Clarksville, TN 37040
it would be my pleasure to assist you!
"The Real Debbie Reynolds"
931-771-9070 Office | 931-320-6730 Cell