“Marvin and Patricia Randall thought they bought their forever home in June 2014 when they closed on a two-story house in Green Valley Ranch.
“We like the area … ,” Patricia Randall said. “It’s a good neighborhood. It’s a good house.”
The couple settled in and spent about $70,000 transforming the builder basic house into a home that suited their style. They installed new windows, floors and gutted the kitchen. Marvin Randall, a retired realtor, thinks they probably over-improved the place.
“But it didn’t matter to me because I plan on dying in the house, and that’s somebody else’s problem,” Marvin Randall said.
The home’s value became their problem in February. That’s when Patricia Randall opened a letter from Denver’s Office of Economic Development.
“I started read and I’m like, ‘Uh oh, somethings not right here,’” Patricia Randall said.
The letter was a reminder notice explaining that their home was part of the city’s affordable housing program. But the Randalls – like a growing number of homeowners 9NEWS has interviewed — never applied to be a part of the program.”
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Staver, Anna. Channel 9 News 9 April 2018.