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Angie Cranford
  • Lufkin, TX
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Property used as asset for elderly in nursing home

Angie Cranford
  • Lufkin, TX
Posted

Hey everyone.  I tried looking for this topic in the forums but couldn't find anything.  I have found a property that is vacant. I was able to get in touch with the owner, who is in a nursing home. She said she can't sell the house because it is tied up or used as an asset to the state, for her to stay in the nursing home. Has anyone else came across this? Is there away to buy the property and still let the owner use it as collateral for her to stay in the nursing home?  Thank you in advance for your help and suggestions.