I am a senior citizen on disability looking for a studio or 1 bedroom apartment. I am on a fixed income and can only afford $500 to $600 per month

Asked by Jennifer Brickley, Longmont, CO Wed Sep 19, 2012

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Tammy Ackerm…, Agent, Lyons, CO
Thu Sep 20, 2012
Hi Jennifer, I couldn't tell by your question whether you're looking to buy or rent. If looking to purchase and keep your mortgage within those parameters or if you're looking for a rental there are a few resources available to you. One is the Thistle Housing Community with programs to help Seniors and working families purchase or rent affordable housing. Here's a link to their website that you can copy and paste into your Browser: http://www.thistlecommunities.org/about/index.html or call (303) 443-0007

I also refer people on a fixed income looking for a rental to the Boulder Housing Authority which has a list of available properties as well as information about Section 8 funds available and waiting list info. Here's a link to their website: http://www.boulderhousing.org/ or call 720-564-4610

I hope you find this information helpful. Good Luck!
0 votes
Ron Rovtar, Agent, Boulder, CO
Thu Sep 20, 2012
Hi Jennifer:

It seems like renters have the most luck finding new places to live at the Trulia rental search engine here ( http://www.trulia.com/for_rent/Longmont,CO/ ) and at https://www.padmapper.com/

Good luck!

Best,
Ron
0 votes
The April Ne…, Agent, Loveland, CO
Wed Sep 19, 2012
Last year I helped a relative in your situation buy a home that was a good enough deal that her payments were in that price range. She had been renting for over 30 years and never thought she could own anything.

There may be a way for you to purchase a condo or townhome and keep your monthly payment where you would like it to be and not have to worry about what is available in the rental market.

The first thing you would need to do is contact several local mortgage lenders - I have a list if you would like some help getting started down that path, and see if you could qualify for a loan.

It's at least a thought - and might open up a lot of options for you.

Best,
April Neuhaus
0 votes
Suz A, Agent, Longmont, CO
Wed Sep 19, 2012
I'm afraid rentals in that range move quickly. I noticed a few places on Craigslist a moment ago.

Best to you,
Suz
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