- 970.780.4210
- 375 Josef Circle Fort Lupton, CO 80621
Buying a home is an incredibly important and rewarding step in your life, and there are many questions you may have throughout the process. Choosing the right financial approach, for example, can be as important as choosing the right home. To help you make the wisest and most-informed decisions when purchasing your Epcon home, here are some of our most frequently asked questions.
A 55 plus community is a residential subdivision designed with adults aged 55 and older in mind. These communities provide a lifestyle that caters to the needs and preferences of older adults, offering a range of design options, amenities and social activities.
There are many benefits to living in a 55 plus community, including single-level living and accessible design features as well as low-maintenance living including lawn care and snow removal provided by the homeowner association. In addition, many 55 plus communities are in close proximity to shopping centers, dining options and healthcare facilities.
If a community is designated as age-restricted, then 80% of the homes in that community must include a primary resident that is 55 years of age or older. If a community is not designated as age-restricted, then residents do not have to be a certain age.
If a community is designated as age-restricted, then 80% of the homes in that community must include a primary resident that is 55 years of age or older. If a community is not designated as age-restricted, then residents do not have to be a certain age.
Common amenities in 55 plus communities include clubhouses, fitness centers, swimming pools, pickleball courts, walking trails and more.
Many available homes in 55 plus communities offer single-level living including a primary owner’s suite on the main level. Some 55 plus communities offer zero-step entries to homes or bonus suite options for visiting family members and friends. Epcon communities offer oversized garages and ample storage space in a variety of home sizes, allowing homeowners to “rightsize” to fit their lifestyle.
You can lock in interest rates at the start of the process, so you’ll know ahead of time what your closing costs will be. This will be paid at closing.
Your minimum down payment depends on the type of mortgage you choose, your lender and your finances. By making a 20% or more down payment, you will avoid paying private mortgage insurance.
Since your budget can often dictate where and how much house you can buy, getting prequalified as early as possible will help your home journey proceed smoother.
One of the most important steps in the home buying process is choosing your lender. While we do not require you to work with an Epcon preferred lender, we highly recommend them because they possess a thorough understanding of our process.
There are a number of different mortgage types, but here are a few of the most common:
All plans, prices, specifications, and all other information are subject to change without notice. Images shown are for illustration purposes only and are not intended to be a part of any legal contract. In an effort to continuously improve product and market needs, Cook Bros. Homes reserves the right to change product offerings as necessary and images and data shown may not reflect the current offerings. Final products, prices, specifications, and other information for specific homes or communities can be provided by Cook Bros. Homes upon request.
