Guide to Stop Renting and Buy a House in Colorado Springs

3 Tips to Help You Stop Renting and Buy a House

Many renters yearn to stop renting and buy a house of their own. Whether it’s a high down payment, a low credit score, or pre-approval for a mortgage, renters find many stumbling blocks on the road to homeownership. And in today’s economy, it’s not getting easier to afford a home.

If you want to stop renting and buy a house, check out our top 3 tips:

  1. You Can Buy a House with Little to No Money Down
  2. Don’t Let Your Credit Rating Stop You From Being a Homeowner
  3. Get Pre-Approval Before Home Shopping

There’s a lot more to learn about how to complete these steps. But for now, here’s an overview to get you started.

1. You Can Buy a House with Little to No Money Down

Many people let a down payment stop them from buying a house. They imagine that they will have to pay tens of thousands of dollars upfront. In reality, it is possible to buy a house with little to no money down. 

There are several government programs available to help you. Programs like first-time homebuyer programs can get you into your dream house with zero down. 

2. Don’t Let Your Credit Rating Stop You From Being a Homeowner

Bad credit can make even the most enthusiastic homebuyer pause. However, there are ways to purchase a home even with bad credit. One such way is to come up with more than the minimum down payment. Another way is to secure the loan with other equity. Finally, you may consider a seller take-back mortgage to help. 

3. Get Pre-Approval Before Home Shopping

Pre-approval for a mortgage is fast, free, and easy. Having pre-approval before shopping for a home can give you peace of mind. Further, a written pre-approval is as good as money in the bank. 

Working with a realtor who is experienced in mortgages and zero-down payments can be a real asset during your home buying process. At Your Home Sold Guaranteed Realty - Barb Has the Buyers Team, we understand your desire to own your home. That’s why we go out of our way to find you the perfect home at the right price. 

Stop Renting and Buy a House Today with Your Home Sold Guaranteed Realty - Barb Has the Buyers Team

Why rent a home when you can be a homeowner? With just one quick call or email, you can be well on your way to breaking out of the renter’s rut. 

Your Home Sold Guaranteed Realty - Barb Has the Buyers Team has been helping renters like you for years. We are just as excited as you when we can help you finally own that dream home. Even if it seems far out of reach, don’t give up! There are options and we can help.

To get your copy of our free report “How to Stop Paying Rent and Own Your Own Home” complete the form below. 

To get started on buying a home, call us at 719-301-1802, contact us here, or fill out the form below. 

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