Zillow Offers to launch in Denver this fall

Zillow has launched a new program designed to give homeowners another option when selling their house.  Zillow Offers will allow homeowners to ask Zillow to make a cash offer on their home.  Within two days of receiving a request from a seller, Zillow will make a no-obligation cash offer or it will say pass. If an offer is made and accepted, Zillow will buy the home, prepare it for sale and then list the property. The timing of the transaction is at the discretion of the seller.

Amanda Woolley, a spokeswoman for Zillow, said the Seattle-based company has purchased dozens of homes in Las Vegas and Phoenix. Some of those homes are close to being resold.  Zillow Offers is available in Phoenix and Las Vegas and is rolling out in Atlanta. Denver will be the fourth city added.

For the full story, click here.

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New Listing- Gorgeous 5 bedroom in Westminster

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About the Neighborhood:

The Ranch Reserve is located adjacent to The Ranch Country Club, the only private golf club in Westminster. The club boasts an acclaimed Dick Phelps-designed 18-hole course, outdoor pool, indoor and outdoor tennis courts and extensive banquet facilities.

Homes within the exclusive Ranch Reserve range in value from $650,000 to $2 million.
The neighborhood, located near 120th Avenue and Federal Blvd., offers stunning views of the Rocky Mountains, well-tended flowerbeds and common areas.  Among the wildlife often spotted around this retreat off the beaten path are foxes, raccoons, eagles and owls.

Find out what The Ranch Country Club has to offer here.

☆ View the virtual tour of this home here.

☆ Find the Zillow listing here.

 

A year-long moratorium enacted by Westminster City Council due to sewer system threats

Early last week, Westminster City Council was briefed on the city’s sewer capacity, age, and condition issues.  In light of that, the City Council unanimously adopted an emergency ordiance that freezes acceptance of new, large scale, development proposals in the area served by the Big Dry Creek network for up to a year.

“The (sewer) system is now at a trigger point of risk that warrants both near-term mitigation measures, as well as longer-term expansion to support continued development,” a staff memo recommending the emergency ordinance read.  “Not addressing these system constraints is believed to compromise the health, safety, and welfare of the community with a level of risk that is not acceptable.”

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Things to note about the freeze:

  • the moratorium applies to new development applications that would increase flows into the Big Dry Creek network
  • home reno’s or projects that will not add to the sewage flows will not be subject to the freeze
  • applications and pre-applications submiteed prior to the moratorium taking effect will be honored
  • the city will lift the moratorium before 12 months if possible, but its sewer contractor is expected to need 9 months to access the system
  • sewer rate hikes and municipal debt are expected to cover the costs of the emergency

To read the full article by The Denver Post, click here.