"My elderly folks live on a 46 acre rural property in WA. It's lovely but they have had it for sale for 9 years as NO ONE is buying...They took out a reverse mortgage when they first put it on the market, thinking they would sell the property shortly after...BUT the mortgage it is eating away at their equity, as it costs a lot to maintain the property - especially on a pension. Mum recently became very sick and has been in hospital for 5 weeks. And Step-Dad, at 82, is trying to run the house, let alone the property by himself. They live 9km from the nearest town, 50 minutes from their doctor and the hospital. I need advice about where to go to find assistance for them. As they (and the bank) own their only asset - that they can't sell, they are limited with the assistance they can receive. I'm sure they're not alone. We live in the city, our house is small and we have a young family. We've offered for them to move in with us but they would like to maintain some independence if they possibly can. Any suggestions would be gratefully appreciated. Thank you."
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