You've got a complicated problem here for certain. The buyers are residing in the home. If the deal doesn't close, you have to figure out how to make them leave. Hopefully they are paying you rent -- and if not, you should ask for that but only after you have a written agreement with them. Selling the home may not be the ideal way of paying for nursing home expenses, especially if your mother in law is in skilled nursing. I would suggest that you contact an attorney to discuss the real estate and nursing home situation as soon as possible. If you're in the Pittsburgh area, feel free to contat me.
Answered on Feb 17th, 2017 at 10:33 AM