What's This About?
How It's Been Done vs. What We're Doing
What the Real Estate Market Currently Does:
Traditional homes have commonly-used construction materials and methods, long construction times, healthy profit margins, high commissions, expensive land, and high demand--all of which contribute to those big price tags you see. And, on top of that, there is the high cost of financing those big prices.
What Starten Home is Doing:
Non-traditional homes, such as Yurts, use relatively uncommon construction materials, faster construction methods, and require less land space, which significantly reduces both construction time and the over-all home cost. In addition to a lower price tag, we want to make qualification and down payments more accessible to more people.
Get Credit for Good Rent History.
You've paid monthly rent for years. At Starten Home, we believe that the same discipline required to pay rent on time is the same required to make a monthly mortgage payment. If you've consistently paid rent on-time, you should get credit for that.
Invest in yourself, not your landlord's retirement account.
According to the Urban Institute, among others, home ownership is essential to upward mobility. It's hard to save a down payment, when you're stuck between both high rent and high cost of living. We want to give you the space you need to get financial traction again.
You've tried everything, but there's still hope.
Traditional building models, legal models, and financing models have pushed homeownership out of reach for you, and many others.
According to financial experts, you should pay no more than 25% of your 'take-home pay' (after taxes) on housing costs. With average Northern Colorado home prices around $400,000, you would need to be make over $100K per year, to stay within that percentage. If you don't make anywhere near that, you need another option. That's why we created Starten Home.
Our approach may be an option for you.
We believe non-traditional homes may be an affordable route to get you out of sky-high rents, gain financial breathing space, and enable you to save for a traditional property purchase or down payment. However, it's not for everyone. To quote financial guru, Dave Ramsey: "Live like no one else, so later you can live and give like no one else."
We think you should have a chance. Apply Today.