The sale of the home is considered to be for health reasons if the taxpayer's primary reason for selling the home is to obtain medical attention (diagnosis, cure, mitigation, or treatment), or to obtain medical or personal care for a qualified individual suffering from a disease, illness, or injury.Unforeseen circumstances may include: an involuntary conversion (destruction or condemnation of home), unemployment, the inability to pay basic living expenses, or a change in living arrangement such as a divorce or legal separation or multiple births resulting from the same pregnancy, and other reasons to the extent provided in regulationsThe taxpayer's exclusion would have been disallowed because of the "more than one home sold during a 2-year period" rule, except that the taxpayer sold the home due to and of the three reasons listed above.The taxpayer otherwise qualifies for the sale of home exclusion, but there was a period of nonqualified use during which the home was not used as a principal residence (effective for tax years beginning after December 31, 2008).Example: John bought his first home in 2003.

The only 100% conventional loan I know of is VA and some loans made to medical doctors.....or to those who can show they don't need a loan.

What causes people to sell and be motivated is what you look for, or what makes them buy.Foreclosures, loss of job or a promotion, bankruptcies, death, people move into nursing homes, have medical issues, get married, have more kids, kids take off to college, retirement, etc.

This would not be offered if the net proceeds from the property on a foreclosed sale would be more than the net present value of the new note. the target will be 31% of gross income.So to begin with you need to determine if the mortgage is more than 31% of gross income then determine if the owner has an acceptable hardship, decrease in income , medical bills etc.need to move would not qualify for modification hardship but would qualify for consideration of a short sale, (same documentation and paper work) .

If you can get it through or past any special use/zoning issues, the provider or NP can pay and expects to pay way better than market for an SFH.The trouble with any non profit or business plan that relies on government dollars to pay for housing or medical costs or child care......is that it relies on government dollars.

You lose:- benefits (such as medical) which are costly to get on your own- a source of recurring funds- some ability to get lines of credit of loans- ability to qualify for various loans at banks- a lot of your ability to get back in the job market several years later, if you change your mindIf you do, make sure you have a large cash cushion in the bank.

He needs to move due to medical reasons.

We developed a medical/dental clinic for an indian tribe in northern California.

Although I prefered not to post the details on a public forum, this is the PM I sent to another member.I had 2 Medical Collection accounts that were $100 each.

And I'm also a broker and still licensed in California though presently on inactive status while my wife and I solve our medical issues out of state.