Proof of funds

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Old Oct 3rd 2002, 10:27 am
  #1  
Jon James
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Default Proof of funds

Hi peeps,


I am in the UK and thinking of moving to canada, as proof of funds would
they except the a valuation of my house. We bought it for 48k and its now
worth 70, if we get a valuation from the bank would this be ok as proof of
funds ?



Any info would be great



Cheers

Jon.
 
Old Oct 3rd 2002, 12:31 pm
  #2  
Scott
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Default Re: Proof of funds

"Jon James" wrote in message
news:anh5vp$djq$1@newsreade-
rg1.core.theplanet.net
...
    > Hi peeps,
    > I am in the UK and thinking of moving to canada, as proof of funds would
    > they except the a valuation of my house. We bought it for 48k and its now
    > worth 70, if we get a valuation from the bank would this be ok as proof of
    > funds ?
    > Any info would be great
    > Cheers
    > Jon.

Hi Jon,

I'm thinking the same as you too, but I think the regulations state that it
has to be un-encumbered or liquid assets..ie cash, bearer bonds...stuff like
that. But I could be wrong. The consultants'll be along in a minute with the
right answer :0)
S
 
Old Oct 3rd 2002, 2:57 pm
  #3  
David Cohen
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Default Re: Proof of funds

In article ,
[email protected] says...
    > Hi peeps,
    > I am in the UK and thinking of moving to canada, as proof of funds would
    > they except the a valuation of my house. We bought it for 48k and its now
    > worth 70, if we get a valuation from the bank would this be ok as proof of
    > funds ?

Objective valuation of a property would generally be considered valid as
evidence of settlement funds.
________
CAMPBELL, COHEN - attorneys at law
tel:514.937.9445 / fax:514.937.2618
[email protected]
http://canadavisa.com

Online Community:
http://canadavisa.com/community
 
Old Oct 3rd 2002, 3:23 pm
  #4  
Scott
Guest
 
Posts: n/a
Default Re: Proof of funds

"David Cohen" wrote in message
news:MPG.1806233f731adf579-
[email protected]
...
    > In article ,
    > [email protected] says...
    > > Hi peeps,
    > >
    > >
    > > I am in the UK and thinking of moving to canada, as proof of funds would
    > > they except the a valuation of my house. We bought it for 48k and its
now
    > > worth 70, if we get a valuation from the bank would this be ok as proof
of
    > > funds ?
    > Objective valuation of a property would generally be considered valid as
    > evidence of settlement funds.

Really ?? Wow...that is good news.
S
 
Old Oct 3rd 2002, 3:41 pm
  #5  
Jon James
Guest
 
Posts: n/a
Default Re: Proof of funds

Excellent, thats great news !

Thanks david


Jon.
"David Cohen" wrote in message
news:MPG.1806233f731adf579-
[email protected]
...
    > In article ,
    > [email protected] says...
    > > Hi peeps,
    > >
    > >
    > > I am in the UK and thinking of moving to canada, as proof of funds would
    > > they except the a valuation of my house. We bought it for 48k and its
now
    > > worth 70, if we get a valuation from the bank would this be ok as proof
of
    > > funds ?
    > Objective valuation of a property would generally be considered valid as
    > evidence of settlement funds.
    > ________
    > CAMPBELL, COHEN - attorneys at law
    > tel:514.937.9445 / fax:514.937.2618
    > [email protected]
    > http://canadavisa.com
    > Online Community:
    > http://canadavisa.com/community
 

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