Moving a parent out of a house – Express Homebuyers – We Buy Your House in 7 Days

Moving a parent out of a house – Express Homebuyers – We Buy Your House in 7 Days


Brad Chandler here from Express Homebuyers.
I wanted to share with share some information with you if you need to sell a parents house
prior to them entering a nursing home. Cindy called Express Homebuyers and spoke with Greg
Allen, an acquisitions associate. She let him know right away that she was in a very
difficult situation.� She lived in Kentucky and her mother-in-law owned and lived in a
home on Gallows Rd in the Chatelain Village neighborhood in Annandale, Virginia. Her mother-in-law�had
dementia and needed to sell her home fast as her health was rapidly declining.� Unfortunately, Cindy knew she had to move
her mother-in-law�into a facility that could provide medical care to her around the clock.
They didn�t have the money to afford this and they needed to sell her mother-in-law�s
home quickly. Cindy was concerned about what affects the sale may have on whether Medicaid
would cover the expenses of the nursing home care. So – There are three instances where
a person who qualifies for Medicaid coverage for a nursing home can transfer their home
to a member of their family without being subject to a penalty and without Medicaid
being entitled to receiving funds from the transfer of the house. The first is if the property owner’s brother
or sister had ownership interest in the home over the last five years and lived in the
house for at least the previous year. The 2nd is if the property owner has a minor
child, blind or disabled child of any age. And the 3rd is if the person’s adult child:
(1) lived in the house for at least two years prior to the parent moving into the nursing
home; (2) during that time the child cared for the parent; and (3) that the care provided
by the child allowed the parent to remain in the home Unfortunately, Cindy and her husband,
Frank, did not qualify for any of the above exceptions. Therefore, they would have to
sell his mother�s house to have the needed funds to move her into the nursing home. Greg let them know that Express Homebuyers
could help them out by purchasing the home in its as-is condition.� Frank’s mother
had lived in the home for over 45 years and as her health had gotten worse and�she was
unable to keep up with the house. The condition of the house had deteriorated greatly and
was in dire need of major renovations. �Cindy and Frank let Greg know that they would be
in Annandale for one week to meet with prospective buyers and actually sell the home.� Obviously,
this limited window of time immediately eliminated most potential buyers right away. This is
because most home investors and home buyers need time to find lenders who will lend them
the needed money to buy the home. This is not the case with Express Homebuyers. After buying 1,500 homes, we have the cash
to buy any house immediately. Cindy and Frank were very happy to hear that we had the ability
to meet with them and officially buy the house in seven days. Greg met with Cindy and Frank and at the home
and gave them a fair offer right away. They asked for a few hours to compare our offer
with other offers they had received.� They called Greg back later that day and said they
wanted to move forward with Express Homebuyers.� Greg met them the next day and signed a sales
agreement and went over the necessary paperwork.� A few days later Express Homebuyers bought
their mother�s home. This allowed Frank’s mother to move out and into a nursing home
to get the care necessary to keep her safe and healthy. If you have to sell a parent�s home prior
to their entering a nursing home, please call us at the number below for a no-obligation
cash offer. As I said, we can buy as-is and you can leave unwanted items behind.

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