Douglas County homeowners say they were sold on an idea of open space in the area, but now the developer wants to build more homes in the surrounding area.
Bait and switch isn't unusual in new developments. Happened to me. I sold out and moved before property values dropped due to the rezoning. I'd never buy again in a community that isn't fully built out because you never know what you're going to end up with.
This is not a bait and switch. Unless it is restricted by deed, you do not have control over neighboring land. Tomorrow, there might be 8 lane highway or a large apartment complex next to you. The developer sells what is there today, not what there might be tomorrow.
I have lived here for fifty years. Just imagine the views and open area I have seen lost. No one cares. It's all about more and more and more people and their dollars. Gone are the days of Colorado beauty and serenity and hello to greed and corruption.
Unless the open space is in the contract, it doesn't matter what the home owners were told when they bought. Although, I personally am shocked that a salesperson would lie.
This goes against the national Association of realtors code of ethics not only should be realtors be held responsible who marketed that way, but should should NAR!!!!!!
The problem is if it's not in a contract, it's not enforceable. Also if you don't own it, you don't get to determine what's done with it. Do I think these people were mislead, yes, but that's you have things put in the contract, not take some company at its word
