"Can I have my mom, add my name to her deed, so I can get an equity loan to move her to Florida?

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"Can I have my mom, add my name to her deed, so I can get an equity loan to move her to Florida?

My mom is disabled, she has medicare, and some form of Medicaid, there are no liens on her home., she has no cash assets. I need to move her to Florida. Her credit is poor., and we don't want to take a reverse mortgage to get funds to move her to Florida.

2007-03-09 16:57:52 · 3 answers · asked by ann 2 in Business & Finance ➔ Personal Finance

3 answers

SELL THE HOME THEN.

2007-03-09 17:28:25 · answer #1 · answered by cork 7 · 0⤊ 0⤋

Yes you can transfer the Deed in your name and get a line of credit to help her move and take care of her

2007-03-09 17:01:32 · answer #2 · answered by irenkedezso 1 · 0⤊ 0⤋

Sell her house and use the money to help take care of her.

2007-03-09 18:51:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋