You could sell it cheap and see if they could let you carry the loan so she could still live there (all repairs figured into the loan) or when you discount the property you can add in extra for your Mother’s moving expenses.

I got married and managed to scrimp and have $50K by 1983, and my mother in law, who by then retired, was able to help out with her life savings, and her husbands life insurance put in another almost $100K.

Hello BP family,I am 29 and in the process of acquiring my mothers Single family home.

John is married and inherits $100,000 house from his mother.

My father passed a few years ago and my my mother is aging and she has asked me to help her with a rental property she owns in New York City, Queens to be exact. 

We have had great success with these two buildings and are fortunate enough to have my mother as our property manager (25 yrs in the biz).

My mom and I would like to transfer the title of her home from her to me, in order to protect the property from the costs of nursing home care, if she should ever need it.

My mother is from Morristown.

The biggest question is whether or not you and your mother are willing to move 20-30 minutes down the road.Saint Pauls NC has a nice 1200 sq.ft. house listed in the mid-$20s that you should be able to get up to speed without too much money as long as you know someone who will do plumbing work for you cheap.If you have approximately $20K, you ought to be able to find something in your price range in rural NC, but it might not be in your immediate vicinity.Good luck,

As of now, my brokerage (once I do get my license) will be Remax because my friends mother, who is barely mentoring me, is helping me out, kind of.Thank you BP members for your time and your help.