Medicare requirements on sale of a house
June 28, 2016 7:51 AM Subscribe
I am negotiating to buy the former home of a person who has recently gone into assisted living on a permanent basis. The price is set at the tax-assessed value, which apparently is what Medicare requires for such a sale. Is this a hard and fast rule (no use trying to negotiate) or would negotiating a lower price (say, in anticipation of repairs on this old home) be possible?