Join our FREE personalized newsletter for news, trends, and insights that matter to everyone in America

Newsletter
New

Oregon - Predatory Leasing Practices Targeting Seniors

Card image cap

Location: Eugene, OR

My grandmother is 77 years old and recovering from a stroke that she had 9 months ago. The recovery has not gone how she expected, and with her new limitations in mind, she had started considering assisted living facilities. She toured some facilities with her daughters (my mom and aunt) and was very forthcoming about her wants and reservations. Everyone was understanding and I felt confident that while they were there to help understand the finer details, she had full choice over the matter.

Knowing that she is likely to move, she put her house up for sale. She has als been trying to sell an RV she owns for a while. Part of the intention of putting these assets up for sale has been that she would be able to use some of the money to pay the living costs of one of these facilities.

Apparently, in the last two weeks, she reached out to a very popular and well rated/reviewed facility in Eugene (I do not want to mention their name as I have not had the time to reah out to them yet) on her own, and according to her, they offered a paid taxi to pick her up and take her there for a tour alone. She went on this tour and liked the place and wanted to learn more about what it would look like for her to lease it. Suffice it to say, she left having signed a lease, not fully understanding what she had done.

She called them back today to try to rectify the situation, as she cannot afford this lease until or unless one of these sales goes through, but they told her since she already signed, there is nothing they can do. She was not sent home with a copy of this lease, and the only other option they provided, a "bridge loan" of some sort, she does not qualify for due to her debt to income ratio being too high. This raises the question for me, if she does not qualify for such a loan, how could she qualify for this rental in the first place? She clearly is, and likely was at the time, confused, and I feel strongly that she was taken advantage of. Our family does not have money for legal assistance. If anyone has any advice on our recourse here, if there is any, or knows if we have any rights in this situation, or how I should proceed to help her, I would so appreciate it. Thank you.

submitted by /u/Original-Outcome8846
[link] [comments]