Do you lose the entrance fee over a period of time?

George Lewis | Nov 1, 2018 | Category: Retirement community in Asheville, North Carolina

Givens Estates - All questions

Address: 2360 Sweeten Creek Rd, Asheville, NC 28803, USA

Jeanne LaRoe | Oct 31, 2020

Our Entrance Fees amortize over a specified period of time. There are three Entrance Fee options. The non-refundable plan amortizes over 48 months, after which there is no refund. The 50% refundable plan amortizes over 23 months, and will have a balance of 50% of what was originally paid. The 90% refundable plan amortizes in 3 months, and will have a balance of 90% of what was originally paid. A refund balance will be paid to you or your estate after you are no longer a resident.

Alan Frank | Nov 1, 2018

No but only get back 1/2 if U decide to remove your name from the list

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