Travel/Tourism
Finding Your Home Sweet Home: Nashville Rental Homes For Every Lifestyle
Are you wholly bowed towards relocating to Nashville, Tennessee? If so, one of the most critical tasks in the moving process involves figuring out where to purchase a home in Nashville. You’re in luck since a wide variety of housing alternatives will be available to you.
According to Redfin, there is fierce competition when purchasing a home in Nashville. This is because the city is among the best in the nation for job market expansion. Unfortunately, due to high demand, Nashville’s homebuyers are driving up the prices.
Here are some of the key considerations that you should adhere to when looking for a good home in Nashville:
1. Choose a Professional
When buying or selling property, the importance of a professional realtor cannot be overstated. A skilled real estate agent can assist you in finding a home efficiently.
Recently listed homes are known to experienced Nashville real estate agents. Their extensive understanding of Nashville’s communities and patterns is the reason behind this. Expert real estate brokers are also aware of how to succeed in challenging markets.
It’s important to note that the Nashville rental homes market is dynamic and competitive. So, it’s paramount to negotiate its intricacy with a knowledgeable realtor.
2. Start The Sweet Home Search
Home purchasers have historically significantly benefited from the assistance of real estate agents. They search local inventories and the Multiple Listing Service (MLS) for appropriate houses.
Notably, things are different in the rest of Tennessee’s For Sale By Owner (FSBO) websites. The home buyers have an option to discover FSBO properties independently. Although online search is viable, in-person showing scheduling is more manageable.
Searching outside the internet for a house via FSBO listings is crucial. Looking through online real estate listings is the first step, but seeing the places you’ve picked in person is essential. In-person visits help you visualize your future in the house. Also, you will get information about the surrounding community.
It’s critical to have an open schedule to get the most out of your house-shopping experience. In a competitive market, ensuring you have the freedom to see recently listed houses might make all the difference.
3. Asses Your Finance
It’s crucial to get financially prepared before entering the real estate market. That is why there are essential measures to ensure you’re prepared for buying a Nashville property. Among them is making sure your house is affordable.
Calculators for home affordability that consider your income, debts, location, and down payment are helpful. You will then have a comprehensive grasp of your monthly mortgage payment and other related expenditures related to becoming a homeowner.
4. Plan for The Down Payment and Closing Cost
After figuring out your budget for an affordable home, the next step is to plan your down payment. Although an initial deposit of 20% is the norm, you can select the exact amount that suits you best. The typical down payment varies according to the type of mortgage you get. If your down payment is lower, your lender may need private mortgage insurance.
First-time homebuyers in Tennessee may be surprised by closing fees. These out-of-pocket costs are necessary for financing and home ownership, much like the down payment. Set aside 2% to 5% of the purchase price to pay closing expenses. A more straightforward route to Tennessee homeownership is ensured by being aware of and prepared for these financial factors.
5. Get Preapproved for the Mortgage
The loan pre-approval step largely determines the financial scope of your Nashville house purchase. In addition to determining your borrowing restrictions, this step shows sellers that you are a committed and earnest buyer actively pursuing finance for the home of your dreams.
Before starting the pre-approval process, you should educate yourself on the many types of home loans and choose which one best fits your needs. The variety of options includes:
- Conventional Mortgages: A conventional mortgage is a specific type of loan for which the government doesn’t provide assurance. Private mortgage lenders in Tennessee provide conventional loans; each has its own set of rules, criteria for a down payment, credit score, and interest rates.
- FHA Loans: For borrowers with higher debt-to-income (DTI) ratios and lower credit scores, the Federal Housing Administration (FHA) is a lifeline. It’s crucial to remember that even though people with poor credit can apply for FHA loans, their interest rates are often higher.
- VA Loans: Through VA loans, the US Department of Veterans Affairs (VA) offers financial support to veterans. The appealing qualities of flexible loans and no down payment may help even those with less-than-perfect credit records.
6. Schedule For Property Inspection
In Tennessee, finding problems or flaws in a property requires a thorough house inspection. A Nashville house inspector must evaluate and document any structural or mechanical issues.
You can use the inspection report to ask the seller to either back out of the agreement or make repairs if substantial defects are discovered. Your mortgage lender also needs the evaluation to ensure they aren’t lending more than the property’s fair market value.
Hire a licensed Nashville real estate inspector to ascertain the property’s market worth. If there is a discrepancy between the appraised value and the loan amount provided by the lender, you have two choices for bridging the gap: renewing the offer or raising your deposit.
7. Close the Deal
The closure procedure starts when you’ve finished the last walk-through and all contingencies have been met. Your lender sends the closing disclosure, which includes the terms of your mortgage, three days prior to the closing date.
During the closing, you, the seller, their agent, and the settlement agent must attend. You should sign documents in that meeting, send the down payment and closing charges to escrow, and get the keys. This completes the financial transactions and the formal transfer of ownership, bringing the deal to a close.
Conclusion
Navigate Nashville’s competitive market and request a skilled realtor. Many rental homes in Nashville can accommodate every lifestyle, but you must prepare financially. That involves considering down payments and closing costs. Ultimately, explore diverse home loan options and seal the deal with property inspections, appraisals, and a smooth closure. All these guarantee a successful home-buying journey.
Travel/Tourism
Trump Slams Partial Travel Ban on Nigeria, Others Over Security Concerns
By Adedapo Adesanya
The United States President Donald Trump has imposed a partial travel restriction on Nigeria, as part of a series of new actions, citing security concerns.
The latest travel restriction will affect new Nigerians hoping to travel to the US, as it cites security concerns and difficulties in vetting nationals.
The travel restrictions also affect citizens of other African as well as Black-majority Caribbean nations.
This development comes months after the American President threatened to invade the country over perceived persecution against Christians.
President Trump had already fully banned the entry of Somalis as well as citizens of Afghanistan, Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Myanmar, Sudan, and Yemen.
The countries newly subject to partial restrictions, besides Nigeria, are Angola, Antigua and Barbuda, Benin, Dominica, Gabon, The Gambia, Ivory Coast, Malawi, Mauritania, Senegal, Tanzania, Tonga, Zambia and Zimbabwe.
Angola, Senegal and Zambia have all been prominent US partners in Africa, with former president Joe Biden hailing the three for their commitment to democracy.
In the proclamation, the White House alleged high crime rates from some countries on the blacklist and problems with routine record-keeping for passports.
The White House acknowledged “significant progress” by one initially targeted country, Turkmenistan.
The Central Asian country’s nations will once again be able to secure US visas, but only as non-immigrants.
The US president, who has long campaigned to restrict immigration and has spoken in increasingly strident terms, moved to ban foreigners who “intend to threaten” Americans, the White House said.
He also wants to prevent foreigners in the United States who would “undermine or destabilize its culture, government, institutions or founding principles,” a White House proclamation said.
Other countries newly subjected to the full travel ban came from some of Africa’s poorest countries — Burkina Faso, Mali, Niger, Sierra Leone and South Sudan — as well as Laos in southeast Asia.
Travel/Tourism
Detty December: FCCPC Investigates Possible Exploitative Air Fares
By Adedapo Adesanya
The Federal Competition and Consumer Protection Commission (FCCPC) has commenced an investigation into pricing templates behind high ticket rates charge by some airlines on some domestic routes.
A statement issued by the Director of Corporate Affairs of the commission, Mr Ondaje Ijagwu, in Abuja said the investigation was to establish possible violations of the provisions of the law.
Mr Ijagwu said that concerns had been expressed widely in the past few days over what appeared to be coordinated manipulation or exploitation in the pricing of airline tickets by some airlines on certain routes, adding that the routes where concerns had been raised included the South-East and South-South, as the festive season began.
According to him, the ongoing investigation targets operators on the identified routes.
He said the commission would apply appropriate enforcement measures where evidence showed any violation of the Federal Competition and Consumer Protection Act (FCCPA).
Mr Ijagwu explained that Air Peace, had instituted a court action seeking to restrain the agency from examining its pricing mechanisms, following the commencement of an investigation into its pricing model after widespread complaints from members of the public.
He said the ongoing inquiry was without prejudice to the case instituted against the Commission by Air Peace.
The director quoted the vice chairman of FCCPC, Mr Tunji Bello, as saying “the commission would not hesitate to act where evidence showed that consumers welfare or market competitiveness were being undermined.
”For the avoidance of doubt, we are not a price control board but the FCCP Act 2018 empowers us to check the exploitation of consumers.
”When we receive petitions or where we find cogent evidence, we will not stand by and watch Nigerian consumers being exploited under any guise.
”Given the arbitrary spike in airfares, the Commission is extending its review of pricing patterns, the basis for the increases reported by consumers, and any practices that could undermine fair competition.
”Where evidence confirms a breach of the Act, FCCPC will apply appropriate enforcement measures,” Mr Bello said, promising that the organisation will continue to provide updates on the ongoing investigations in the aviation industry.
Travel/Tourism
Verve, Providus Bank Unveil Travel Card for Tourists, Others
By Aduragbemi Omiyale
A travel card designed for tourists, business visitors, Diaspora returnees has been launched by Verve in partnership with Providus Bank.
Known as the ProvidusVerve Travel Card, the Naira-based travel card will allow inbound travellers to enjoy a smooth, secure, and convenient payment experience throughout their stay in Nigeria. It was powered by Verve’s secure.
Created to support the surge of tourists, expatriates, business visitors, conference delegates, and returning diaspora expected during the festive Detty December season, the ProvidusVerve Travel Card enables seamless payments for transportation, hotels, dining, shopping, entertainment, and everyday essentials nationwide.
The card also works on select global merchant platforms that accept Verve, including Netflix, Google Play, and other digital services, ensuring travellers enjoy uninterrupted access to familiar services.
The ProvidusVerve Travel Card eliminates the hassle of sourcing naira or converting foreign currency on arrival. It enables instant, secure transactions, reduces reliance on cash, and supports compliance with the cashless policy of the Central Bank of Nigeria (CBN).
It also mitigates the risks associated with carrying physical cash such as loss, theft, or fraud, offering a safe, regulation-aligned option for both online and in-person payments.
“The ProvidusVerve Travel Card is a timely solution for inbound travellers seeking reliability, security, and simplicity while navigating Nigeria.
“Together with Providus Bank, we have created a product that eliminates the friction traditionally associated with accessing local payments.
“Whether for tourism, business, or festive activities, this card ensures a smooth financial experience from the moment visitors land,” the Vice President for Issuing and Acquiring Management for Africa at Verve International, Mr Paul Ohakim, stated.
On his part, the Divisional Head for Product Management and Solution Delivery at Interswitch, Mr Ademola Adeniran, described the partnership as a reflection of “Verve’s commitment to designing products that respond to real user needs.”
“The ProvidusVerve Travel Card supports everyday experiences — from booking rides and hotels to shopping, streaming, and dining. It provides inbound travellers with a secure, compliant, digital-first way to experience Nigeria without financial barriers,” he added.
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