Weekly Real Estate Update for 80121 (03-08-2018)


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How to use one day codes for SentriLock (For Realtors)

How to Use 1 Day CodesYou can use the following instructions to open the key compartment of a lockbox with a 1 day code.On the lockbox's keypad, press and hold ENT. This will "wake up" the lockbox.When the lockbox lights up the keypad, enter your 1 day code. For example 2862745, and press ENT.The lockbox will open the key compartment.Here are some possible problems and what to do about them:If the CODE and ERROR lights alternate after you enter a 1 day code, you've entered an incorrect code. You should verify the code with the owner of the lockbox.If pressing the ENT key in step 1 above does not wake up the lockbox (that is, the lockbox keypad does not light up), the lockbox owner may have locked the keypad (either with or without intending to). Normally the lockbox unlocks its keypad when a showing agent inserts his or her SentriCard®. Since you are using a 1 day code, you probably do not have a SentriCard®. You can unlock the keypad by inserting a credit card or bu…
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Open house in Englewood: The Future of ADU's and Zoning.

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As home prices and rental rates continue to soar with little restraint across the metro area, a decidedly unsexy topic — accessory dwelling units — is generating more heat as communities look to the small living spaces on small lots for needed relief in an overheated real estate market.

On Tuesday night, Englewood will hold an open house on accessory dwelling units to get feedback from the public on what the rental units should look like and where in this city of 33,000 they should and should not be allowed.

According to the Denver Metro Association of Realtors, the average price in April of a single-family home in metro Denver reached a dizzying $487,974 — a new high. Meanwhile, rents in the metro area resumed their upward climb this year after pulling back somewhat last fall. The average apartment rents rose to $1,446 in May, up $19 over April’s average.

By virtue of their smaller size, accessory dwelling units tend to be cheaper to rent than conventional apartments. Englewood is p…
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R-2-B Zoning in Englewood for sale. Rare opportunity for a killer duplex

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Investors or Developers R-2-B Zoning!!! Rare opportunity for a killer duplex (Can be subdivided with separate legal description) or triplex building lot in a highly-sought-after neighborhood in Englewood. Just 4 lots N of Dartmouth & Elati, it's a quiet, up-and-coming neighborhood with great neighbors, right around the corner from Broadway, Santa Fe, Light Rail, William E. Bishop Elementary School, neighborhoodcommunity gardens, RiverPoint shopping, Walmart, Kings Soopers, Safeway & a lot more. Buy to redevelop and resell at just over $100k per unit for the dirt!!! The home is currently boarded up, the real value is in the land. NO SHOWINGS. PLEASE DRIVE BY AND SEE THE LAND. Survey and Soil test are already done. Broker Remarks Tons of duplexes & triplexes being built in the neighborhood (Four planned in the next year plus two already built. All in the same block). R-2-B is what you want to maximize your return. Rents are going for $2200+ per unit in the triplex rental…
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Know your rights: New Foreclosure Law Changes in Colorado

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For foreclosures started after January 1 2008, the owner no longer has a post-foreclosure sale redemption right. The time allotted to the owner as a post-sale redemption period has been moved prior to the sale, giving owners a longer period of time to cure, and no right to redeem. In the new system, an owner has approximately four months to cure a default in a foreclosure of non-agricultural property, and approximately seven to eight months to cure in a foreclosure of agricultural property.
Better lender responsiveness for cure figures: The new statute requires the foreclosing lender to provide cure figures to borrowers in a more timely manner. Consider a situation where shortly after a lender commences a foreclosure, the borrower files a notice of intent to cure. Under the old statute, a lender could provide cure figures as late as the seventh calendar day prior to the foreclosure sale. If, under the new statute, the borrower files a notice of intent to cure early enough so that the f…
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