Rent to Own Homes in Germantown
Germantown is positioned just south of Shelby Farms Park and approximately 10 miles east of the Memphis International Airport in southern Tennessee. The city is less than a 30-minute drive from Memphis without traffic and offers a pleasant suburban lifestyle for many people who commute to the larger city for employment. There were close to 40,000... Read More
Germantown is positioned just south of Shelby Farms Park and approximately 10 miles east of the Memphis International Airport in southern Tennessee. The city is less than a 30-minute drive from Memphis without traffic and offers a pleasant suburban lifestyle for many people who commute to the larger city for employment. There were close to 40,000 Germantown residents in 2010, and many appreciate the city as a hotspot for equestrian events.
The local economy rests on retail stores and service-oriented small businesses. Most residents commute to Memphis for employment, taking advantage of big employers like the Shelby County school system, Fedex, Methodist Le Bonheur Healthcare Hospital and Baptist Memorial Hospital. Those employment opportunities are important because the cost of living in Germantown is slightly above the national average, and the housing market is often more than 50 percent above average.The below results are primarily rent to own homes in :
Germantown is positioned just south of Shelby Farms Park and approximately 10 miles east of the Memphis International Airport in southern Tennessee. The city is less than a 30-minute drive from Memphis without traffic and offers a pleasant suburban lifestyle for many people who commute to the larger city for employment. There were close to 40,000... Read More
Germantown is positioned just south of Shelby Farms Park and approximately 10 miles east of the Memphis International Airport in southern Tennessee. The city is less than a 30-minute drive from Memphis without traffic and offers a pleasant suburban lifestyle for many people who commute to the larger city for employment. There were close to 40,000 Germantown residents in 2010, and many appreciate the city as a hotspot for equestrian events.
The local economy rests on retail stores and service-oriented small businesses. Most residents commute to Memphis for employment, taking advantage of big employers like the Shelby County school system, Fedex, Methodist Le Bonheur Healthcare Hospital and Baptist Memorial Hospital. Those employment opportunities are important because the cost of living in Germantown is slightly above the national average, and the housing market is often more than 50 percent above average.The below results are primarily rent to own homes in :
Germantown is a great place to live if you enjoy spending time outdoors and prefer an active lifestyle. You can head north to fish, boat, bike or ride horses at Shelby Farms Park. Oaklawn Garden offers a botanical garden and entertaining museum, and Hinton Park is a favorite for younger children searching for a playground. Residents also have access to the Germantown Athletic Club and schools operated by the Germantown Municipal School District. This includes Germantown Elementary School, Germantown Middle School and Germantown High School.
Buying vs Rent to Own Homes?
If you're getting ready to apply for a mortgage loan and buy a new home, you might consider rent-to-own opportunities. These homes are on the market for sale, but they give you the option to rent for a year or longer prior to closing on the deal. This allows you to spend more time preparing for homeownership so that you're ready for the experience. You may also qualify for a lower interest rate if you spend the rental phase improving your credit score or saving up a more substantial down payment.
While Germantown has an active real estate market with above-average housing prices, the residents appreciate that it's centrally located for outdoor recreation. A large park is positioned just north of town, and the city contains multiple family-friendly parks and convenient shopping centers. Most residents commute to nearby Memphis for employment, but there are some jobs in retail and service-oriented businesses within city limits. Horseback riding is a popular activity in the area, but hiking, biking, fishing and boating are also enjoyed by most residents on a routine basis.
Summary
While Germantown has an active real estate market with above-average housing prices, the residents appreciate that it's centrally located for outdoor recreation. A large park is positioned just north of town, and the city contains multiple family-friendly parks and convenient shopping centers. Most residents commute to nearby Memphis for employment, but there are some jobs in retail and service-oriented businesses within city limits. Horseback riding is a popular activity in the area, but hiking, biking, fishing and boating are also enjoyed by most residents on a routine basis.
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