Are entry fees negotiable?

[Anonymous]

My folks are looking into retirement/assisted living communities in the DMV area. The pay in fees are, of course, high, but I was wondering if these are negotiable? If so, I was also wondering if brokers exist to negotiate fees, especially if more than one community is being considered?

[Anonymous]

Some places has sliding fees, but you get less back. So Green Spring is 90% back, but no sliding fee.
I think the Fairfax (near ft belvior) has different amounts. Like no entrance fee, only 20% back, or 90% back. I think Goodwin House has to same set up.
Some places have no entrance fee, but the monthly is almost twice as much.

[Anonymous]

The really good places generally have a waiting list. You could try to negotiate a lower payment with someplace that's desperate, I guess, if money is your main concern.

[Anonymous]

Anonymous wrote:The really good places generally have a waiting list. You could try to negotiate a lower payment with someplace that's desperate, I guess, if money is your main concern.

Yes, waiting lists can be long. So make sure to look soon and get on the waiting lists.

[Anonymous]

We put my parents in a place which was a rental and only a $3,000 entry fee. My parents liked it there but my Mom passed away after 2 years and my Dad, who was in better health, moved into an apartment near me. They could not afford the steep fees so a rental senior living center was a better option for them.

[Anonymous]

Plenty of places without entry or ownership fees.