Do you own your own horse in Colorado but don’t own your home? Do you rent an apartment and board your horse? There are many reasons why a horse owner should own their own home. Colorado Horse Property has over 10,00 horse property listings. Also, we are committed to getting you into the horse property you and your horses deserve. Here are a few problems with renting in general.
Rending As A Horse Owner
The problem with renting is that you payment is higher that what home owners are paying for their mortgage payment including taxes and insurance. The experts in the field are saying that we may never again experience the incredibly low mortgage interest rates currently available. When you rent, you do not have the same advantage that homeowners have by using their home as a leveraged investment.
If you are renting, consider looking for loans that could help you buy your own home. Talk to a loan professional to find out exactly what types of loans are available and the specific down payment required. Remember, down payments can be a whole lot less than twenty percent, and therefore very affordable. Contact Colorado Horse Property for a referral to a loan professional near you.
