Rent has been increasing in the Denver Metro area for the past several years. Many renters think that in order to buy a property a large amount of cash is needed but there are programs out there to assist with the down payment. Instead of renting, maybe it is time to think of buying a condo, townhome instead.
The Denver Post recently published this article on a down payment assitance program that is currently available denverpost/downpayment assistance
"More than 200 families and residents struggling to buy a home in metro Denver may receive assistance through a program offered by Wells Fargo for the second year in Colorado.
The NeighborhoodLIFT program will provide home buying assistance grants of up to $15,000 to people who typically earn about 80 percent of the median income level in Denver, Adams Jefferson, Arapahoe and Douglas counties."
We have assisted many buyers purchasing condos and townhomes.
Dee Maas, Broker
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