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nolo.com
First seen Feb 23, 2026
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Questions about Medicaid spend down and purchasing a primary exempt home Hello all, I'm glad to have found this subreddit, my family is in the middle of planning for aging parents much sooner than expected. My parents had tentatively planned on moving to a retirement home together in the coming year or two, knowing that they'd each need different levels of care as they age. Dad recently had a stroke and is now facing significant mobility, memory and cognition issues. It is clear than dad will need skilled nursing and will not be able to move back home with mom. Dad is still in the hospital but will likely be discharged in a week or two. Mom is in pretty good health and can likely live independently for another 5-10 years. Of course, we'll also start to think about a long term plan for her, but for now, the more pressing issue is getting a place for my dad to land. I have been encouraging mom to reach out to an elder lawyer or financial planner. In the meantime, I wanted to reach out to you all with some questions just so I can start to understand the system better. We'll likely be finding a skilled nursing facility that also has Medicaid beds. The likely scenario is that we'll apply for Medicaid long term care for dad, and rely on Community Spouse Resource Allowance (CSRA) and Monthly Maintenance Needs Allowance (MMMNA) for my mom. It's likely that we'd blow through my parent's savings in a year or two paying for skilled nursing for my dad. My parents currently rent an apartment, so unfortunately, they don't currently have a house as a 'non countable asset' that my mom can hang on to. I understand the importance of the 5 year lookback period (and again, will be encouraging my mom to find professional advice). However, I'm wondering about what is allowed *after* snapshot date (which my understanding is when my dad first was hospitalized). Specifically, I'm wondering if it might make sense to work on finding a small 1-bedroom condo for my mom to buy once we get
Landlord couldn't pay mortgage for the condo I'm renting. It was foreclosed on yesterday. My landlord emailed me yesterday saying the mortgage company wants to evict his tenants, so " it would be a good idea to plan on moving out by the end of the month". Last year I renewed my lease until this upcoming August. This link: http://www.nolo.com/legal-encyclopedia/renters-foreclosure-what-are-their-30064.html seems to indicate that my lease should hold up even after this foreclosure. Should I start apartment hunting, or can I count on living here through the end of my lease?
Landlord couldn't pay mortgage for the condo I'm renting. It was foreclosed on yesterday. My landlord emailed me yesterday saying the mortgage company wants to evict his tenants, so " it would be a good idea to plan on moving out by the end of the month". Last year I renewed my lease until this upcoming August. This link: http://www.nolo.com/legal-encyclopedia/renters-foreclosure-what-are-their-30064.html seems to indicate that my lease should hold up even after this foreclosure. Should I start apartment hunting, or can I count on living here through the end of my lease?
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