The hard part is over.
I'm matching you with one of our specialists who will be calling you in the next few minutes.
So haven't had the cost of insurance because haven't been able to get except his state has a high-risk pool, have been paying the taxes, but fortunately last year was just the first year so they way things went was still able to get his homestead exemption then but not this year; fortunately - long story - somebody is in his house and has been paying the utilities, not sure had even really thought about if had or having to do that, but, true enough, would need to be in order to show to sell but so focused on what's needed to be done to it - and they've been mowing the yard, so guess something else to be thinking about. Knew kept being told couldn't afford really to try to really sell it but again had just been focused on its needed repairs, so maybe need to be thankful for what I'm getting.
I'd been thinking somewhat in terms of the home equity loan and/or line of credit, as well, to do the needed repairs; did you say where you are in relation to where your mom's house and also reminding me it's still in her name, right? so you couldn't get the line of credit; so is she able to?
If the house is lower value with decades of delayed maintenance & has issues with the majors (roof, electrical, foundation,), you may find that spending any $ on repairs is a total waste. Putting in new light fixtures when it really needs a total rewire is a waste of time & $. You may want to get an inspection report done ($300-500) to get an valid idea of what the issues are and then price accordingly. Bad inspection report means you may be unable to get any buyers who need a mortgage.
Placing property on the market has costs - insurance, taxes, increased utilities as its being shown, yard cut, etc. - that someone needs to pay for. Try to figure out just what it will likely cost to have it on the market for months & if it's affordable for you also.good luck.
So is Medicaid involved?