using house for I-864 (split topic)

[CGs_Mother 114]

Hi - I know this is an old topic but it was the first to come up in a search, and you all may be able to answer our question. My spouse owns his house outright - it was left to him by his grandfather over a decade ago, and there is no mortgage or debt owing on the house. His income will not meet the minimum because he is sponsoring me and my son. Do we still have to get an appraisal or will a current house tax statement showing the value of the house be sufficient? How do we evidence that there are no liens or mortgages outstanding on the house? I also own a house and will be selling this to move to the US - according to this thread, I can use that value. Is that correct? Thanks for your help. 

[Just Paul 4,595]

If they happen to accept the primary residence . . .

30 minutes ago, CGs_Mother said:

Do we still have to get an appraisal

yes

30 minutes ago, CGs_Mother said:

or current house tax statement showing the value of the house be sufficient

No because that is the tax basis and not what it would sell for.

31 minutes ago, CGs_Mother said:

How do we evidence that there are no liens or mortgages outstanding on the house?

A title company can do a quick search and verify there a no liens, taxes or lis pendens on the property.  We did this when we used to buy properties and wanted a quick close.

32 minutes ago, CGs_Mother said:

I also own a house and will be selling this to move to the US

You can definitely use that value once it is converted to cash.  Before hand it can be a hassle.

[CGs_Mother 114]

14 minutes ago, Paul & Mary said:

If they happen to accept the primary residence . . .

 

Is there a reason why they wouldn't? From what I read here, and I know this is an old thread, but it seems like they would accept the primary residence as supplementary. The shortfall on the AOS is less than $2000. I'm also keeping my job when I move but I don't know if I can include this on the AoS. Can I?

 

[Just Paul 4,595]

3 minutes ago, CGs_Mother said:

I'm also keeping my job when I move but I don't know if I can include this on the AoS. Can I?

Yes, I think so, if it is the same "Company".  The section after that is about using the value of your assets.  I'd ask in the Canada forum to make sure.

 

https://www.uscis.gov/ilink/docView/AFM/HTML/AFM/0-0-0-1/0-0-0-2872/0-0-0-3055.html
(4) Use of Intending Immigrant’s Income .

 

If the sponsor does not meet the income requirement on the basis of his or her own income and/or assets, the sponsor may also count the intending immigrant’s income if (1)(a) the intending immigrant is either the sponsor’s spouse or (b) has the same principal residence as the sponsor, and (2) the preponderance of the evidence shows that the intending immigrant’s income results from the intending immigrant’s lawful employment in the United States or from some other lawful source that will continue to be available to the intending immigrant after he or she acquires permanent resident status. The prospect of employment in the United States that has not yet actually begun does not count toward meeting this requirement.

 

10 minutes ago, CGs_Mother said:

Is there a reason why they wouldn't? From what I read here, and I know this is an old thread, but it seems like they would accept the primary residence as supplementary.

There are people here pointing that is can and cannot be used.   The arguments around not being able to use it is that you guys have to live somewhere.  I think if you can use the asset value of your house you will be set.

[Ryan H 3,812]

***Post and replies split from old thread; in the future, please start your own thread with your own questions instead of hijacking threads started by other members.***

[pushbrk 12,968]

The term "can use" is a misnomer.  You can declare and document any asset, but if you read the I-864 instructions section that defines liquid assets, you'll understand why one's primary home is not considered "liquid".

 

If the beneficiary's income will continue from the same source (International intracompany transfer is OK) then it can be added to the petitioner's household income to qualify.  This issue is to show that the immigrant is unlikely to become a public charge.  Keeping a good job, pretty much seals that deal.  In that case, I would skip the asset section and its hassle altogether.