Rent to Own Homes in Meridian
Meridian is also the birthplace of the Father of Country Music, Jimmie Rodgers. Honoring this legacy, music flows throughout the city with lively festivals, authentic juke joints and plenty of lounges and bars. A wide range of other artistic entertainment is found at Meridian Symphony Orchestra, Meridian Little Theater and Meridian Museum of Art. Downtown Meridian is the place to go for shopping and dining, and the Downtown Historic District is filled with vintage Mississippi sites.
The city also offers plenty of amenities necessary for comfortable, everyday life. Interstate 39 runs through town, offering easy commuting and travel. Several of the local schools are excellent, and recreational options are plentiful.
Buying a Home in Meridian?
Home prices here are extremely affordable, with a median list price of $98,000. Homebuyers can even find a variety of cozy homes in the $20,000 to $30,000 range. Prices have declined slightly in the area, offering even greater affordability. Homebuyers also enjoy access to Mississippi’s Employer Assisted Housing Program to make owning your own home more feasible. About 100 homes are on the market at any given time, providing ample options for house hunters. You’ll have plenty of time to weigh your decision, too, since most homes spend an average of five to nine months on the market. All of these positive traits of Meridian’s housing market add up to good news for those looking to buy a home in Meridian.
Popular Neighborhoods in Meridian?
Homes in the northern section of Meridian are family-friendly, suburban delights. Houses in these neighborhoods, including Poplar Springs and North Hills, are near some of the region’s best schools, shopping and dining. Homes in these northern Meridian neighborhoods tend to be slightly more expensive than the average, ranging from $100,000 to $250,000. For access to downtown entertainment and some of the city’s most august homes, living in one of Meridian’s historic districts is a good option. Downtown is undergoing a renaissance with converted lofts and restored cottages that draw a variety of singles, retirees and young families. Downtown and its surrounding historic districts are known for their charming architecture and terrific value. Buying vs. Rent to Own Homes
Making the decision to buy a home isn’t always easy, and sometimes the time is right personally but finances aren’t quite ready. That’s when rent to own homes can be a boon. Choosing a rent to own home can give you time to straighten out your financial situation while living in your own home. With their more accommodating and relaxed financial qualifications, rent to own homes make home ownership possible for buyers with less-than-perfect credit. As a bonus, homebuyers can usually move into the home right away without waiting for the mortgage to go through and escrow to close.