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Community Identified - proof of funds

Community Identified - proof of funds

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Old Aug 20th 2008, 1:25 pm
  #1  
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Default Community Identified - proof of funds

After finally getting the Community Identified Letter from HRM we now have to submit our application to the Nova Scotia Nominee Program. They are wanting proof of sufficient funds with our application.

For those of you that have been down this route how did you prove how much your house was worth? we have just had a written valuation from an estate agent - is this sufficient? What other proof did you submit for funds as the forms seem a bit ambiguous, obviously bank statements ( how long back), pension forecast, gratuity forecast, savings etc.

Thanking you all in advance!

LiffyB
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Old Aug 20th 2008, 2:40 pm
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Default Re: Community Identified - proof of funds

Originally Posted by LiffyB
After finally getting the Community Identified Letter from HRM we now have to submit our application to the Nova Scotia Nominee Program. They are wanting proof of sufficient funds with our application.

For those of you that have been down this route how did you prove how much your house was worth? we have just had a written valuation from an estate agent - is this sufficient? What other proof did you submit for funds as the forms seem a bit ambiguous, obviously bank statements ( how long back), pension forecast, gratuity forecast, savings etc.

Thanking you all in advance!

LiffyB
Hi Liffy

We sent 2 valuations, plus letter from the estate agent confirming that they have the property on the market for us, Mortgage statements and credit card statement.

In addition we sent last 3 mths bank statements and wage slips for each of us for the last 3 months.

We have heard back re some more info they need but it is not related to the above so assume what we sent is okay.

Good luck
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Old Aug 20th 2008, 3:22 pm
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Default Re: Community Identified - proof of funds

Originally Posted by LiffyB
After finally getting the Community Identified Letter from HRM we now have to submit our application to the Nova Scotia Nominee Program. They are wanting proof of sufficient funds with our application.

For those of you that have been down this route how did you prove how much your house was worth? we have just had a written valuation from an estate agent - is this sufficient? What other proof did you submit for funds as the forms seem a bit ambiguous, obviously bank statements ( how long back), pension forecast, gratuity forecast, savings etc.

Thanking you all in advance!

LiffyB
If you have a mortgage on the property you need to disclose the amount outstanding also, since a 400K house with a 399K mortgage is a little different to a 400K house with no mortgage
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