When Relocating to Charlotte NC, Rent or Buy?

When relocating to the Charlotte NC area, should you rent first or buy a home right away?

While there’s no one-size-fits-all answer, I do generally recommend to my clients to at least consider renting first. Especially if you’ve never lived here before!

There can be some great benefits to renting when you initially arrive in Charlotte before jumping into a home purchase. Not least of which is time to explore different areas (the Charlotte region is large!) and get a feel for where you really want to call home.

Renting when you first relocate also gives you the luxury of more time to really choose a home you’ll love without the pressure of a moving deadline and also starting at a new company or job as well!

There are cases where I’ve had clients choose to buy a home immediately but that’s usually when they’ve lived here previously and have a really clear idea of preferred locations.

Should you rent first instead of buying a home immediately upon moving to Charlotte? Ultimately that’s your decision about what works best for you, but renting first is something to at least consider.

If you’re considering or planning to relocate to the Charlotte area, we’d love to have you here! Need an agent contact outside of Charlotte? From Fort Mill, SC to Belmont, Mooresville/Lake Norman and beyond in NC I have fantastic colleagues I’d be happy to have you connect with to help in your transition.

Copyright©2013 by Diane McDermott, All Rights Reserved, “When Relocating to Charlotte NC, Rent or Buy?”

The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in Charlotte NC’s real estate market serving neighborhoods in Charlotte NC

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About dianemcdermott

Diane is deeply passionate about serving single and divorced women home buyers, first time home buyers and new to the area buyers navigate the Charlotte area home buying process. Having navigated separation and divorce she has immense respect for the stress of transition and need for a home living situation that supports and nurtures. She connects and guides clients as they navigate the home buying process, transitioning to a space they'll love calling home. McDermott Real Estate
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