All Forum Posts by: Jessica Morrison

Hello and thank you for the reply! They are proposing some sort of transit about a block down. But I can see your point about the builder taking into account the area as it currently is. 

Hello and thank you for the reply! Seeing if there is  "turnover" or growth in the area is wise. I ended up looking at the planning documents and it seems like the s8 units will be there for some time. So I think it's safe to say that unless the hoa agrees to me turning it into s8 (which I doubt) the units will be in a s8 area which may keep the selling price low if I ever need to sell. Thank you for your insight! 

Those are good questions to think through and It's worth a shot! Thank you again for your reply and help! 

Apologies, I'm new to this.

This will be my first home and I will be doing house hacking for a year or two with hopes of renting it out thereafter.

The townhome is a new construction located in Middle Tennessee, about 40 min from Nashville and is located not too far from the town center. Its a 3 bed 2 1/2 bath.

It is around 255k and I am using the state's first time homebuyer loan that provides 6k towards the down-payment. My cash to close is super low due to the incentives the builder has provided

My agent thinks that as long as the area is kept up it should be fine 

Hello! My question is, should I move forward with the purchase given the proximity of the section 8 and habitat for humanity owned homes? Would I be losing money and will there be headaches down the road with finding roommates and selling? And yes, I am currently under contract. 

Hello! I'm currently looking to purchase a new construction townhome. To keep it short, there are homes that are right across from the units that looked a bit odd. I did some research (after the fact) and found out that they are habitat for humanity homes and there are some more sec 8 homes up the street. Im thinking about pulling the plug but I wanted to get some insight since I already put down some earnest money and I have to stay around a certain price point. Thanks!

Hello! I'm currently looking to purchase a new construction townhome. To keep it short, there are homes that are right across from the units that looked a bit odd. I did some research (after the fact) and found out that they are habitat for humanity homes and there are some more sec 8 homes up the street. Im thinking about pulling the plug but I wanted to get some insight since I already put down some earnest money and I have to stay around a certain price point. Thanks!