FireGirl854
Feb 1, 2009, 09:24 AM
I live in the house that was my grandmothers. The house is paid for but since she went into a nursing home on Medicaid the state put a lien on the house for the amount that the nursing home cost. Do you know if the lien accumulates interest? And is there truth that that amount is not owed until the house is sold on the name on the house changes?
JudyKayTee
Feb 1, 2009, 11:01 AM
I live in the house that was my grandmothers. The house is paid for but since she went into a nursing home on Medicaid the state put a lien on the house for the amount that the nursing home cost. Do you know if the lien accumulates interest? And is there truth that that amount is not owed until the house is sold on the name on the house changes?
What State? And, yes, the amount of the lien comes off the top when a property is sold. A lien guarantees payment from the proceeds of sale - when the house is sold.
And, no, a lien is filed in a dollar amount and that amount does not change. Interest does not accumulate.
ScottGem
Feb 1, 2009, 12:02 PM
You said it WAS your grandmother's. Who's name is on the title now? And when was title transferred?