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Help with Finance untill the house is sold

I am trying to get my parents into assisted living, theh ouw thier own home and its payed for but the banks will not give us a Line of credit or revese morgage unless the are living in it but we need money untill its sold, are thier any institutions we can go to for this

Jan 25, 2010
 
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195Austin said
Jan 25, 2010

You might need to see an elder lawyer to get you started or the people running the assisted might know how to go about this I am sure they have situations like this often-hope this helps I am sure others will come on who have had experience that is what is great about this place -the experience of others.

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LynnHarrelson

Lynn Harrelson

R.Ph., FASCP. Senior Pharmacy Solutions
Louisville, Kentucky

Lynn Harrelson is a pharmacist who specializes in medication and prescription management for seniors. She provides health care services and information that help individuals remain independent in their homes, retirement and assisted living facilities.

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