If you can afford rent in Colorado you can probably afford a mortgage. The average rental rate for a 2 bedroom apartment in Colorado is $1457. You can expect to pay more the closer you get to metropolitan areas or the foothills. With rental rates likely going higher due to demand, it may be wise to turn that rental payment into an investment in your own home.
So what holds people back from buying? The belief that they don’t have enough money for a down payment. However, you may be surprised to know that you can get into a home with little or no money down. For instance, the Veterans Administration (VA) and the United States Department of Agriculture (USDA) have loans that will get you into a home with 0% down payment. The Federal Housing Authority (FHA) loans may only require 3.5% down.
So what’s the next step? Contact me via my webpage or call me directly at 970-313-6706 and we can get started. There is more than meets the eye when looking for a home and I will guide you through the process to make it easy and stress free. The good news is, it costs you nothing to have me represent you as a buyer since I get paid through the seller at closing.