Prove of assets

[cristian 0]

we have a joint sponsor and he is short with $1200 in his W2 to qualify sponsor my husband but he also is going to use his assets like real estate (house).Do we need to send a photo copy of his mortage? or something else too??? I read the instructions for affidavid of support and they said he have to prove the Location,Owenship and Value.Thank you

[cristian 0]

the house it's in his name and he have 2 mortage but the house it's not paid off yet..can he use the house like assets in the affidavid of suport? and does he need copies of both mortages?

[cristian 0]

does anyone know please.we need to send the papers and we dont know

[Yodrak 7]

cristian,

Read the I-864 instructions. Your questions are clearly answered there.

Yodrak

does anyone know please.we need to send the papers and we dont know

[meauxna 15]

Location,Owenship and Value.Thank you

I used a copy of my current mortgage statement to show how much I owe.

I used a copy of my county tax statement to show how much the house is worth.

Subratct what I owe from what it would sell for to determine "equity". Equity is the asset. Document it as thoroughly as possible.

NOTE: some houses may sell for more than their county tax valuation. In that case, you can use an appraisal or a valuation from a Real Estate Agent.

[homesick_american 1]

we have a joint sponsor and he is short with $1200 in his W2 to qualify sponsor my husband but he also is going to use his assets like real estate (house).Do we need to send a photo copy of his mortage? or something else too??? I read the instructions for affidavid of support and they said he have to prove the Location,Owenship and Value.Thank you

You need a copy of his mortgage statement from his bank if he's still paying off a mortgage. You also need a copy of a VALUATION of the house, since real estate can only be used for this purpose if you plan to actually sell it.

If it's the house he currently lives in, I'm not sure he can use it.

[cristian 0]

thank you so much guys...he made just $28.000 last year and the poverty limit was $29.250 , but this year he allready made $35.000 proving with paystubs...so the diference its only $1250.Thats why we have to use the assets.

[meauxna 15]

thank you so much guys...he made just $28.000 last year and the poverty limit was $29.250 , but this year he allready made $35.000 proving with paystubs...so the diference its only $1250.Thats why we have to use the assets.

If his CURRENT income is adequate, he qualifies.