FAQ’s

The expected Proposed Plan includes 40 units (25 market units, 7 Single Family Homes, and 8 affordable units)

(Parcel 2): Proposed Plans Consist of (22) Market Units, with (5) Affordable Housing Units

Phase I of the Parcel 2 Release will consist of (5) Affordable Housing Units, and (5) Market Units
Additional Market Units will be added to the Parcel 2 release as Sales occur.

(Parcel 3-4): Proposed Plans Consist of (3) Market Units, (7) Single Family Homes, & (3) Affordable Housing Units

Phase I has been completed and 27 Units have been Sold.

Phase III will begin construction in May 2022. Specific Phases and Buildings will continue as the build out continues.

In the heart of Carbondale, off Highway 133, within minutes of all the world-class recreational and cultural activities that define life in our thriving mountain community.

The inspired decor is a blend of mountain contemporary with modern finishes.

As is typical with nearly all new construction projects, a non-binding reservation agreement will be signed to reserve your home. Once the developer receives the building permit the reservation agreement will convert to a binding Sales contract.

At the time of reservation, a deposit is required. At completion of the Due Diligence period an additional deposit will be required for a total of summation in Escrow. This will be credited towards the purchase price at Closing. The total amounts required will be outlined soon.

Approximately 8-10 months.

The Market Units will incorporate two different finish packages to choose from. Additional options may be added to each home at an additional cost to the Buyer at the Developers approval. *Depending upon the timing of Construction, some finishes may have been pre-selected due to the current supply chain constraints and market conditions.

1 year standard new construction builders warranty.

ESA Architecture & Planning
Eric Smith & Tom Jarmon

RM Construction:
Bob Gibson
Office 970-300-2025
buildwithrm.com

There are several Lenders available to assist with Thompson Park. A few options to assist you include:

Dave Shepard
Senior Loan Officer

Academy Mortgage

604 25 Road
Grand Junction, CO 81501

O: 970.270.7143
E: dave.shepard@academymortgage.com
academymortgage.com/DaveShepard
NMLS# 3113 Equal Housing Lender

Kirk Schneider • Senior Loan Officer
Senior Loan Officer | NMLS #281552
Academy Mortgage

C: (970) 618-8284
O: (970) 279-5542
kirk.schneider@academymortgage.com
www.academymortgage.com/kirkschneider
723 East Valley Road, Suite 202, Basalt, CO 81621
State Lic CO #100032379 | Equal Housing Lender | Corp NMLS #3113

Yes. Silver Mountain Properties is the Manager of the HOA.

The Developer will initiate the HOA, until there is a formation of a Board of Directors which will be comprised of Thompson Park Home Owners. Currently, the HOA is managed by Silver Mountain Properties:

Bill Crowley
Silver Mountain Properties
0326 Hwy 133, Suite 120
Carbondale, CO 81623
o: 970.963.4900
e: bill@smprop.com
w: www.smprop.com

These fees cover services associated with management, maintenance and operations of the common areas and long term estimated reserves for Thompson Park.

Services provided include, but are not limited to:

· All landscaping, irrigation and common grounds maintenance
· Snow removal of the private roads
· All utilities for TP common areas
· Association management and administrative services
· Reserves for major repairs and replacements of irrigation system and private roads

Please contact Erik Cavarra for the HOA Budget information.

Each home has either an oversized one car garage or two car garage, with two additional limited parking available onsite. Guest parking spots are designated strictly for the use of guests on a first-come-first basis.

Yes. There are not currently any restrictions for rentals at Thompson Park, but as an HOA managed property, restrictions may be voted to change in the future, and there may also be limitations placed on rentals via the Town of Carbondale or any governmental authorities.

Yes.

Yes, there will be a common raw water irrigation system for all properties operated by the HOA.

There is a central mail location located onsite/property.

Thompson Park will be governed by HOA Documents, Bylaws/CC&Rs. These Documents are available. Please reach out to Erik Cavarra for more information.