"Her dilemma is she cant sell the house due to the amount of money she'll be collecting form the sale which will throw her assistance she receives from the state out."

So tell her to spend her own money for awhile.

She needs to visit with an estate planner/financial advisor to see how to shelter the income.

People use financial/estate planning to keep their property in the family while they live at government expense in assisted living or nursing facilities.

Perhaps an owner-carry loan would work for everybody.

I wish all of you the best.

Maybe a lawyer would be better.

Marie is right;
she needs a lawyer who does estate planning.

Very well, I would agree that she needs to spend her own money and she will in due time. As i described she's an old person w/o family and very little friends. I believe she's somewhat afraid of change she only knows what she's been doing for the last 20yrs, a bit out of touch w/society and a touch of a hoarder. Thanks for all the advice I'll check into an estate planner whom can help her/us out.

maybe a simple lease to own would do the trick.
she gets the monthly payments and you get the house when she passes or whenever you agree.

If I were buying this home on an owner-carry note, I'd be very cautious about suggesting that I get "paid in full" house note in the event of the seller's death;

Firstly, buying a property via owner-carry doesn't make you an heir, & attempting to get someone to agree to such a thing can open up investigations of elder abuse and/or fraud.

Secondly, it creates a very bad conflict of interest;
buyer would have a lot to gain if seller were to die sooner rather than later!

(This is why you can't take out life insurance on someone without the insured's consent.)

Even if she were to agree to such a thing, the house may not even be hers to will:
Many programs now call for reimbursement upon the sale of property or death of the recipient.

If buyer can come up with a substantial down payment, owner-finance might work for both of them;
if the down payment is large enough for the seller to be able to afford to move!

If there's a way to get the house financed, seller can go to a new place, smaller, easier to care for, etc.

If she carries the note & dies before it's paid off, even if there's no "payback" due to any government program, buyer still would not be entitled to have the debt written off;
the note would become part of her estate, to be willed to an heir (even if she doesn't think she has an heir, you can bet one will show up!) or to be used to pay expenses, just like any other asset.

So, you're looking for a way to defraud the taxpayers?

My advice is: keep looking for a house/lot without these problems. Even if there's a legal way to hide the cash assets of her house sale (doubtful), it would be unethical and against the spirit of the law. Plus, dealing with a confused, depressed elderly woman without a family sounds like a no-win situation. I could see you putting months and months of assistance, running errands, acting as a substitute daughter etc. and still not getting what either one of you wants. Make her an offer and let her accept or reject it....and move on when she can't make up her mind.

"she gets the monthly payments and you get the house when she passes or whenever you agree. "

Or heirs assume ownership of the note until it is satisfied.

If you want the house, you should just offer her what it is worth to you. How she deals with her finances is none of her conern. I would definitely not get into an owner carry/creative financing situation.

I meant none of your concern.