Pros of home ownership in the town of Savannah, Tennessee may include:

1. Stable investment: Owning a home in Savannah, TN can serve as a stable investment that is likely to increase in value over time.

2. Equity Build-Up: Your monthly mortgage payments build equity over time, which can serve as a source of savings for the future.

3. Privacy and Freedom: Home ownership allows for more privacy and control over your living space than renting.

4. Tax Benefits: Homeowners in Tennessee may receive certain tax benefits, such as deductions for mortgage interest and property taxes.

Cons of home ownership in the town of Savannah, Tennessee may include:

1. Maintenance Costs: As a homeowner, you are responsible for maintenance and repairs of the property, which can be expensive.

2. Lack of flexibility: Homeowners are generally less flexible about moving than renters, which could be a disadvantage if your job requires relocation.

3. Time-consuming: Owning a home requires more time and responsibility than renting, especially in terms of ongoing maintenance and upkeep.

4. Market Risks: While home ownership can be a good investment, there is always market risk involved, so it is important to make sure you are financially prepared for any declines in property value.