Relocating to the Memphis area -should I buy this house?

[Jaleesa Harrigan]

Hello everyone! I am active duty military relocating to Millington, TN (near Memphis). I am considering utilizing my VA loan to purchase a home in Cordova. At this time, inventory is scarce so it is definitely a sellers market. I am considering a home and I wanted to know if anyone could give me some feedback to see if this is a good or bad purchase (seller is unwilling to budge on the price) Please help!!

My perspective: as a naval officer I move every two or so years so this property would most likely be resold or rented out.

2751 N Rockcreek Parkway Cordova, TN

Thanks in advance everyone!

[Raven Henderson]

Hello @Jaleesa Harrigan ! How are you? You are correct, inventory is scarce and that is actually a nice property in a great part of town. I live in Cordova, TN as well. In my opinion, the property is priced fairly because of the square footage and quality of the home based on the photos. It looks to be well kept and has many updated features. On the other hand, if you have to move every two or so years if you do decide to move forward with the purchase of the property this would be a great rental property for you. The market rent is currently between $1625 - $1700. You will also want to keep in mind your commute to Millington which will be about 25-30 minutes depending on traffic. I hope this helps you. If you have any questions, I will be more than happy to assist you! Good Luck to you! :)