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fastinjun

Using house to prove assets

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Filed: Country: Colombia
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Anyone else use their house to prove financial stability? If so how did you go about getting it appraised?

I personally would not consider someone owning a house as a mark of financial stability, but am not sure how USCIS looks at it.

The one thing I will say is that if you own a house you probably are above the level at which Immigration considers you not fit, financially, to be a petitioner of a VISA.

If you have a job or have income your IRS tax returns should be adequate enough. If your tax returns don't show enough income then I wouldn't count on the house as being a sign of stability because with no income you may have no house in a few months. If its paid for, you would have to sell it to realize any money from it.

Good luck!

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Filed: K-1 Visa Country: Russia
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Anyone else use their house to prove financial stability? If so how did you go about getting it appraised?

If your house is your primary residence, it probably isn't a usable asset for an affidavit of support, just like a car that you use to get to work isn't. Even if you own it, if you don't have $20-$30k of income (for poverty level), you might even have trouble with the property taxes.

Basically, you should only really count investment type assets that aren't involved in your daily life but could be converted to cash if necessary.

If this is not about the affidavit of support, I don't know what you are talking about (I don't mean that in a "you're way out there," way. Just literally, I don't know).

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Anyone else use their house to prove financial stability? If so how did you go about getting it appraised?

I used my assets instead of income

I took the Appriaised Value from the Tax Appraisial District in the county I live in


youregonnalovemynutsf.jpg

"He always start the fire here in VJ thread and I believe all people will agree with me about it"

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Do you not have to prove that you at least own it outright? I can mtg a house worth $500,000, and prop appraiser's website would list me as the owner, but until I own it, it's really not an asset.

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Filed: Citizen (apr) Country: Ireland
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We used our (future) home, our primary residence, as asset for the IR-1. We owned the house outright, and it was just bought (2 months before interview), so we used what we paid for it as its value. We also had savings in a US bank account to combine with this asset to meet the requirements for the I-864 for our four people household more than twice.

As mentioned, whether you can do that will depend on the type of visa you go for, the US embassy you are dealing with, and how much of the house you own. Many US embassies do not like a primary residence at an asset, especially in the current bad economic times, as it may be difficult to sell and loosing your home can be considered an undue hardship.


Bye: Penguin

Me: Irish/ Swiss citizen, and now naturalised US citizen. Husband: USC; twin babies born Feb 08 in Ireland and a daughter in Feb 2010 in Arkansas who are all joint Irish/ USC. Did DCF (IR1) in 6 weeks via the Dublin, Ireland embassy and now living in Arkansas.

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Do you not have to prove that you at least own it outright? I can mtg a house worth $500,000, and prop appraiser's website would list me as the owner, but until I own it, it's really not an asset.

I have a loan payoff letter and a copy of the wire that was sent to the bank to payoff my house loan.


youregonnalovemynutsf.jpg

"He always start the fire here in VJ thread and I believe all people will agree with me about it"

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