An owner should contact APCHA to review the specific deed restriction to determine the maximum sales price permitted and all other applicable provisions concerning the sale. The process takes approximately 10-12 weeks.
The first step to list your Employee Housing unit for sale is to complete the Seller's Listing Checklist (PDF), and the Seller's Property Disclosure (PDF). Please also include copies of receipts for any capital improvements you may have completed, minutes of your most recent HOA meeting, and the current HOA budget. Once your paperwork is complete, please contact the Sales Manager at 970-920-5054 for an appointment. Please provide the above paperwork to the Sales Manager at least 1-1/2 weeks before the open house.
APCHA acts as a Transaction Broker representing both Buyer and Seller and is responsible for preparing documents pertaining to the sale. APCHA advertises on the APCHA website and in our office. There is an initial two-week bid period with one open house (held on Wednesdays from 4 p.m. to 6 p.m.) for each property. The bid period ends on the Wednesday after the second week of advertising promptly at 4 p.m. The lottery is held on the Monday following the end of bid period at noon, unless there is a holiday. The total sales fee is 2% of the sales price including $600 to be paid at listing and the remainder to be paid at closing (unless specified otherwise by deed restriction). Please consult your deed restriction and the APCHA guidelines for additional information.