Denver Ranked In The Top 10 For Highest Rental Rates

Dated: 12/17/2014

Views: 830

Recently, Denver was ranked in the top 10 of highest cost torent, it will cost you 32.9% of your monthly income, to be more precise.Buying, however will only account for 19.5% of your monthly income, saving you13.2% of your monthly income!  From whatI have heard, one of the major concerns among renters, wanting to enter theworld of home ownership, is coming up with that down payment. With rent beingso expensive, it definitely is tight, trying to come up with a little eachmonth to put aside for a down payment. I know when I jumped into home ownershipI had the same fear, but lucky for me, I contacted a great lender, who helpedme set up my plan of action, from understanding exactly how much I would needto set aside to helping me get there, it was a lot less than I had expected!Lenders do a great job at narrowing down what price range of home you canafford as well as traveling any and every avenue to make sure that you get intoa home that fits into your financial means as well as setting you up to getyour down payment together as quickly as possible, so you don’t end up payingsomeone else’s mortgage for too much longer!

As always, I am here to help! If you are interested inbuying or selling or need a lender recommendation,  I am here to answer all your questions, walkyou step by step through the real estate process and make sure you're takencare of, every step of the way!

Shane Kuntz
Associate Broker
Exit Realty Cherry Creek
303-902-6530
shane@exitrealtycherrycreek.com
 

With over 38 years of family experience in real estate, I amfamiliar with every Colorado neighborhood you can imagine, from Arvada,Aurora,Bailey,Brighton,Bennett,Berthoud,BlackhawkBoulder,Broomfield,Centennial,CherryCreek, CommerceCity , CentralCity,  Conifer,Dacono,Denver,Evergreen,Firestone,Ft.Collins, Ft.Morgan, Golden,Greeley,GreenwoodVillageJohnstown,Lakewood,Lochbuie,Longmont,Loveland,Milliken,Northglenn, Parker,Strasburg,Thornton,Windsor,Stapleton,GreenValley Ranch, Reunion,ToddCreek Farms, WestWoods, CherryHills, TheHighlands, LoHi,AdamsCounty, ArapahoeCounty, BoulderCounty, BroomfieldCounty, DenverCounty, DouglasCounty, GilpinCounty, JeffersonCounty, LarimerCounty, WeldCounty and everywhere inbetween!

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Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

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