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02-21-2018, 07:27 PM
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Sage
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Join Date: Jul 2011
Location: Limbo
Posts: 2,533
Thanks: 0
Thanked 1,244 Times in 585 Posts
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Quote:
Originally Posted by Mleeja
Covenant Shores- “One- and two-bedroom homes availabl,e and the community's entrance fee starts at $91,000, with monthly fees starting at $1,930.” Did anyone other than me read this as the 91k is not a starting price for a home, but rather an entrance fee? The $1900+ a month for a HOA fee?! Wow, makes our $150 amenity fee a bargain!
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It's a Continuing Care Retirement Community (CCRC). You're not buying a house or a condo.
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