The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 30th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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N Clover St/Sherwood Dr Neighborhood

Union City, Tennessee

North Clover St

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The N Clover St/Sherwood Dr area median real estate price is $84,683, which is less expensive than 83.7 percent of Tennessee neighborhoods and 86.8 percent of all U.S. neighborhoods.

The average rental price in N Clover St / Sherwood Dr is currently $412, and rents here are currently lower in price than 87.0 percent of Tennessee neighborhoods.

Vacant homes are a major fact of life in N Clover St / Sherwood Dr. The current real estate vacancy rate here is 17.5 percent.

N Clover St/Sherwood Dr is a suburban neighborhood located in Union City, Tennessee, and primarily made up of medium sized three or four bedrooms to small studios to two bedroom single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N Clover St/Sherwood Dr neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period. This particular neighborhood in Union City, the N Clover St/Sherwood Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Your future neighbors in the N Clover St/Sherwood Dr neighborhood in Union City earn modest incomes, and this neighborhood has an income lower than 93.0 percent of U.S. neighborhoods.

In the N Clover St/Sherwood Dr neighborhood, 32.8 percent of the working population is employed in sales and service jobs, from major sales accounts to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.1 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at 25.8 percent, and 12.1 percent in clerical, assistant, and tech support occupations.

Each has its own culture derived primarily from the ancestry and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly on the ethnicity and ancestry of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were can help you understand how a neighborhood is today.

In the N Clover St/Sherwood Dr neighborhood of Union City, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 7.0 percent. There are also a number of people of German ancestry at 4.7 percent, and residents who report Mexican roots at 4.3 percent Some of the residents are also of Irish ancestry at 3.7 percent, along with some South American ancestry residents at 1.8 percent, among others.

The most common language spoken in the N Clover St/Sherwood Dr neighborhood is English, spoken by 93.4 percent of households while 6.3 percent of households speak Spanish .

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TENNESSEE HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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START YOUR PATH TO HOME OWNERSHIP TODAY

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