re: Medicaid Lien exceeds the value of the house - can it be short saled?

2 Replies

Does anyone have experience negotiating with Medicaid? I jsut recently got a contract on a house where my purchase price is half the value of the medicaid lien. I've done short sales plenty of times but never with a Medicaid lien.

The executor gave me permission to try and negotiate with them so I'm wondering what kind of mess I'm getting myself into ;)

Any advice or experiences would really help!

I'm familiar with that end of it...I'm just curious if there's any experience directly with Medicaid as a lien holder instead of your traditional bank holding a mortgage.

Ashcroft Capital
A national multifamily investment firm
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