We live in Mississippi and my mom would like to move into an assisted living home . She will not be able to move for 2 months and they are asking for $2900.00 for a down payment - that is 2 months rent for a semi private room. This seems extreme to me. Has anyone here had this experience and is it a normal practice? I would appreciate any input.
Thanks,
Tricia
2006-09-04 06:32:00 · 2 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
As much as they want.
2006-09-04 06:37:14 · answer #1 · answered by ICG 5 · 0⤊ 1⤋
An assisted living home can ask anything they want as a downpayment. This is no different than renting an apartment (the landlord can ask for any downpayment--i month, two months, etc.). The only difference is that you are paying to have your mother assisted in her daily living. Do some more comparisons of other facilities in your area (or your mother's area) to see if they are comparable and if she will receive the same treatment, assistance, meals, etc.
2006-09-04 13:36:11 · answer #2 · answered by Anonymous · 0⤊ 0⤋