Quote:
Originally Posted by DaleDivine
My neighbor across the street has parents that live in Freedom Pointe. They had to pay $350,000 up front and are paying $5000 monthly. After they're both gone, heirs will get 1/2
($175,000)of the up front money back.
 |
I have heard good things about Freedom Pointe. What is the average monthly cost, ""without"" the large down payment for a single person? What would happen if both parents expire soon; does this mean the ALF keeps $175,000 for a short term stay? Almost an incentive for the ALF to hope their patients expire soon. Seems awkward to me.