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Are We Allowed To Use Proceeds From The Sale Of Our Home For Repairs And Upgrades To Our New Home?
Both my children receive SSI and we're just about to sell our home and downsize to something more manageable. It now looks like we're going to make more from the sale than anticipated and leave us with a surplus after we've purchased our new home. Knowing that we have 3 months to reinvest the money into housing, are we allowed to use the excess for home repairs and upgrades on the new place, or does the money all need to be spend in the sale itself? Concerned about the kids getting booted and losing their health coverage and trying to avoid a nightmare.
Hi,
I'm sorry but my expertise is limited to Social Security benefits and not SSI (Supplemental Security Income). I'm familiar with many aspects of the SSI program, but detailed scenarios like yours are beyond the scope of my SSI knowledge. I would suggest discussing your question with the SSI representative who's currently in charge of your children's case.
Best, Jerry
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Posted:
May 16, 2018