Cost Structure – How it works
When you purchase a cottage or apartment at Snyder Village, your investment guarantees you an equity refund based on your length of occupancy in our Retirement Community. Ten percent (10%) of your entrance fee goes directly toward our campus infrastructure, and 90 percent (90%) of your entrance fee is eligible for the guaranteed equity refund, according to the schedule below. (An additional 5 percent (5%) is deducted each year for a span up to nine years.)
Equity Refund Schedule (based on occupancy in the Retirement Community):
Length of Residency | Refund | Length of Residency | Refund | |
less than 1 year | 95% | 5-6 years | 70% | |
1-2 years | 90% | 6-7 years | 65% | |
2-3 years | 85% | 7-8 years | 60% | |
3-4 years | 80% | 8-9 years | 55% | |
4-5 years | 75% | 9 years | 50% |
Equity refunds are made payable to you or your estate upon the resale of the cottage/apartment or after 12 months, whichever is sooner.
Schedule A Tour
Please fill out this form to schedule a tour of our Retirement Community.
Request Information
Please fill out this form to receive information on Retirement Community.
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