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Reply to "The Mather - Tysons"
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[quote=Anonymous][quote=Anonymous]so it is an investment?[/quote] No. That's just the buy-in fee. Common with CCRCs. You (well, most usually your heirs) typically receive a large percentage of it, but not all, back when you leave. It earns no interest, and don't benefit from subsequent price increases applied to future residents, so you effectively lose money. That said, these types of environments can be very supportive at a certain stage of life, and it's not like you'd be living cost-free elsewhere even if you own your home outright now - you still pay RE taxes and have maintenance and repairs to deal with, without the amenities offered by many CCRCs. [/quote]
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