Does Home Ownership Affect Disability Benefits from Social Security?

Question

My mom, grandma, and I have rented because it is easier to have someone else do the maintainence and upkeep with me being disabled, my mother working and my grandma having Alzheimers. However, this is our second move in 5 years because of rent increases VS. lack of improvement in the complex where they are severely lacking.

We decided to purchase a home (in cash) and are wanting to put it in my name as I will most likely be the one who lives the longest, in the home.

Will this affect my benefits?

Answer 1

Wouldn't affect your benefits if you are on Social Security Diability. But would if you were on SSI (Social Security Supplemental Income).

Answer 2

1

Answer 3

certain I actually have heard it many cases. I want it were extra to honestly do some thing with, on the grounds that we are often broke by technique of the 0.33 week of the month. that's too undesirable expenditures for each thing couldn't be as they were contained in the 50's, and lets nonetheless get an same quantity of SS as we get now. Then there might want to be sufficient money to satisfy both our charges and be able to purchase issues to modify what's mandatory in our houses. what's the most problematic, is to honestly want the tests and yet, there is not any longer sufficient to honestly meet our needs. I hate to imagine that area of our stimulus tests will bypass to the food market. notwithstanding it probable will.

Answer 4

hi,
no, it won't affect your disability benefits. what you own has nothing to do with your benefits. only if you start to work or if there's an improvement in your health, will your benefits be affected.
i hope this helped. :)

Answer 5

Not knowing your disability, you should probably check the SSA website.