HOME OWNERSHIP

Coldstream Crossing provides a unique lifestyle option with maximum value in today’s retirement community marketplace by focusing on key points: 

• Coldstream Crossing’s fee simple home ownership structure allows buyers to retain full equity in their home, as compared to non-refundable or limited refundability entrance fees at traditional continuing care retirement communities. This type of ownership provides flexibility for residents who may change their minds and want to leave the community in the future. Traditional retirement communities generally have very limited refundability options that can impose major financial penalties and make it impossible for residents to move if they change their minds for any reason.
  
  
• The cost of buying and living at Coldstream Crossing represents a better value than “bundled” retirement community packages. In those retirement communities, residents get locked into a combined service package whether they need all the services or not. This means that residents are paying for services that they don’t need now, or may never need, such as skilled nursing care. Initial monthly fees for new residents at most area retirement communities range from $2,000 to $3,000 per month or higher, even though residents may not need significant services for years.