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What else can I help you with?
Can a family and care giver take over the home that had a reverse mortgage?
Typically, when the borrower on a reverse mortgage passes away, the family or heir can choose to sell the home, purchase it for the amount owed on the reverse mortgage, or walk away from the property. If they wish to keep the home, they will need to repay the reverse mortgage loan in full. However, it's important to consult with a legal professional or financial advisor for guidance on the specific circumstances of the situation.
Where is the apostrophe in your grandparents home?
Referring to the home of your grandparents you would apostrophise the s - your grandparent's home.
What does the term aging in place mean?
Aging in Place in the simplest of terms means adapting ones environment so that you can grow old there comfortably for as long as possible. A few thousand dollars worth of renovations to a home to make it aged care suitable like adding ramps or rails in the shower could save you tens of thousands in aged care home bills in the long run. Like the previous poster said, aging in place is the process by which a senior attempts to live in their own home throughout their later years. Concerns they might have involve mostly the accessibility of their home, and renovations that can be done to make moving around the home easier for someone who isn't as strong as mobile or as balanced as they once were. Another addition to a home that can assist in aging in place is the installation of a medical alert system. Such a tool can provide a senior (especially one who lives alone) with a way to contact help if a fall occurs.
How does the cost of senior home care compare to that of a nursing home?
The cost of senior home care is typically lower than that of a nursing home because seniors receive care at home rather than in a facility. Nursing homes provide more comprehensive services and round-the-clock care, which makes them more expensive. The cost of care can vary depending on the level of assistance needed and location.
If committed to a nursing home do you lose your home?
You aren't 'committed' to a nursing home. You are under no obligation to go to a nursing home if you don't wish. If you are not able to take care of yourself, a nursing home is a good option. In most cases the cost is such that the sale of the home is necessary to pay them. And you may have to get rid of the assets in order to qualify for Medicare type aid. Technically, this is called the "spend-down" and may require both sale of a home as well as liquidation of all other assets, as IRA, 401-K, and saving accounts.
How do you get a duplicate title to a mobile home?
how do you get a duplicate title to a mobile home
Can you obtain a title for an abandoned mobile home in Illinois?
I believe in almost all states you must have a bill of sale .
What do you have to do to transfer the title of a mobile home in Illinois if you are just giving the mobile home to a family member?
That is fairly simple, complete a Bill of Sale stating that the purchase was 0.00, then transfer title with the forms found at the link below;http://www.chattelmortgage.net/Illinois_mobile_home_Forms.html
How do you get an application for a lost mobile home?
How do you get an application for a lost Mobile home title?
What does a mobile home title look like?
I received my mobile home title and it looks just like a title for a vehicle. It even has certificate of title for a vehicle printed on top.
Can you sell a mobile home that is on your property?
Yes. Most mobile homes and manufactured homes carry a title just like the title to a vehicle. If the mobile home is on your property and you want to sell it, contact your state government and request a title for the mobile home. After acquiring the title in your name you are free to do with it what you want.
How do you get an application for a lost mobile home title?
How do you get an application for a lost Mobile home title?
Does a mobile home require a title?
Yes. Generally, certificates of title for mobile homes are tracked through the DMV.
Can you buy a mobile home with out a title in Alabama?
The owner of a mobile home has the title. If you purchase a mobile home with no title you will have trouble selling it. You should contact the department of motor vehicles in Alabama for more information.Additional Info: Under the law of most (all?) states so-called 'mobile' homes are not treated as real estate but as vehicles.
How do you find ownership of a title for a mobile home?
home was paid off in 1996
What paperwork is needed to give a mobile home as gift in Illinois?
You would have to ask a Notary in Illinois for the exact details about this.
What does a home title look like?
I received my mobile home title and it looks just like a title for a vehicle. It even has certificate of title for a vehicle printed on top.
