University and Yale

Cherry Hills III offers upscale condominium living in a great location. Residents can walk to The University of Denver Performing Arts Center. It is close to Porter and Swedish Hospitals and doctor’s offices. A short drive or bus ride will take you to Cherry Creek.

The gated community has 24 hour staff at the gate. There is a resident and office manager who lives on the property.

There are 185 spacious homes with full basement. Many of the homes have back and side patios. There are ranch homes as well as two story homes.

Amenities include a clubhouse with an outdoor swimming pool, hot tub, party room, meeting room and sauna. There are also tennis courts on the property.

Cherry Hills III has several water features including lakes, streams and waterfalls. The main lake is fed by the community’s own private water well, which also provides the water for the shrubs, trees and lawns.

This is one of Denver’s premier condominium communities.

to sell or buy, call…
DEBBIE PALLAI
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net
http://www.debpallai.com

New Area Mortgage Help Program

The City of Denver and several nearby cities are now offering down payment and closing costs help for homebuyers. The program, called Metro Mortgage Assistance Plus, offers up to 4% of the loan amount in the form of a grant, not a loan.
Requirements include a FICO score of 640 or higher. Income limits are $91,100 for one or two person households, and $103,000 for three person households or larger. Grantees are required to complete a HUD-approved homebuyer class.
For more information visit this site.

to sell or buy, call…
DEBBIE PALLAI
Brokers Guild cherry Creek, Ltd.
303-883-8837
debpallai@comcast.net

April is Fair Housing Month

The Fair Housing Act was passed in 1968. This act outlaws discrimination in housing based on race, color, gender, national origin, or religion.

In 1988, the Act was amended to include persons with disabilities and families with children under 18 years old.

The law forbids discrimination in the sale and rental of properties as well as disallowing discriminatory practices in advertising rentals and sales.

HUD is charged with enforcing the law. If you feel you’ve been a victim of discrimination, you should file a complaint with HUD.

The prevailing party may be awarded actual damages, equitable relief and attorney’s fees. Penalties may also include fines up to $50,000. A private citizen may also file a civil lawsuit in federal court against the alleged violator of the act. And the attorney general may file a civil lawsuit when there is evidence of a pattern or practice by the alleged violator that extends beyond one or two victims. When the attorney general prevails in these types of lawsuits, the act allows the awarding of injunctive relief and monetary damages to the aggrieved party. In addition, the court may assess civil penalties against the violator up to $50,000 for a first violation and up to $100,000 for any subsequent violation.

to sell or buy, call…
DEBBIE PALLAI
debpallai@comcast.net
www.debpallai.com

Denver’s 2020 Office of Sustainability Goals

Denver Mayor Michael Hancock has announced the goals of the new Denver Office of Sustainability.

By 2020, the intention is to make significant changes in 12 areas. These areas are: air quality, climate change, energy, food, health, housing, land use, materials, mobility, water quantity and quality and workforce.

The City of Denver’s website spells out the details of the goals, but does not say how these goals will be reached.

You may read the entire news story on the website, as well as link to the page itemizing each area and what the its target mission is.

to sell or buy, call…
DEBBIE PALLAI 303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net

COLORADO REAL ESTATE NEWS: Moving Denver’s Housing Forward

In February of this year Denver Mayor Hancock formed a task force to explore the city’s current housing inventory and future housing needs.

The Denver Office of Economic Development will establish a housing Advisory Committee to examine current housing policies and assess changes in the housing market. An affordable housing finance working group will also be established. This group will consider funding ideas to support affordable housing.

You may read the task force’s recommendations here.

to sell or buy, call…

DEBBIE PALLAI

Brokers Guild Cherry Creek, Ltd.

303–883-8837

debpallai@comcast.net

Facelift for Colfax Avenue

The Fax Partnership and West Colfax Business Improvement District have each been awarded grants of $30,000 to improve the safety and appearance of small businesses along Colfax Avenue. The grants were presented by The Denver Office of Economic Development through Denver’s Community Development Block Grant federal funding.

The money will provide new windows and exterior lighting and paint.

Up to $100,000 more in loans will be made available by the Mile High Community Loan funds for larger projects.

For details please click here.

to sell or buy, call…
DEBBIE PALLAI
303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net

2012 Colorado Real Estate Commission HOA Information and Resource Center Annual Report

In 2010, The Colorado State Legislature established the HOA Information and Resource Center to help assist, protect and inform members of homeowner associations, HOA boards and other interested parties.

As a subdivision of the Colorado Real Estate Commission, it hears complaints, collects data and provides an annual report to the public.

To learn how to file a complaint, how to otherwise resolve HOA disputes and to read the 2012 annual report, click here.

to sell or buy, call…
DEBBIE PALLAI
303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net

Neighborhood Profile: City Park

From Ogden Street to Colorado Boulevard, Colfax to 23rd Avenue

The City Park neighborhood is conveniently located east of downtown Denver. Approximately 25% of the neighborhood is made up of the 370 acre City Park.

The area includes single family homes, condominiums and apartment buildings, as well as a variety of restaurants and businesses.

City Park was acquired by The City of Denver in 1881. It has three man-made lakes and hosts the free City Park Jazz Concerts each summer. The acclaimed Denver Zoo and Denver Museum of Nature & Science are within the park. City Park Golf Course is nearby.

City buses run throughout the area.

The City Park neighborhood offers true urban living.

to sell or buy, call…
DEBBIE PALLAI
303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net

Free Trees for Denver Residents

If you live in Denver, you may apply for a free tree to plant either on the west side of your property or along a public right-of-way.

The trees are offered through The Park People’s Denver Digs Trees program and The City of Denver’s Mile High Million tree planting initiative.

Applications must be made by February 15, 2013. Although thousands of trees are on hand, there is limited availability, so apply soon.

to sell or buy, call…
DEBBIE PALLAI
303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net