New England Pete

Appreciate what you say Ian but the form suggests that asset values such as a house would be acceptable otherwise why would they have it on the form?

BunnyGirl

Assets can be used but have to be able to be liquidated within 12 months. Given that the OP has sold sstc he stands a good chance of this being accepted. HOWEVER, this is always down to the conoff reviewing your file and income is usually preferred over assets (unless the assets are cash in the bank).

OP, it's really your decision but, if you are able to get a joint sponsor easily (which it sounds like you are) then I'd recommend that you do that, and hopefully you won't need it!

ian-mstm

Assets, such as a house, are acceptable... but only if you are keeping the house. Even then, only the equity in the house is useable. Since you aren't keeping the house, then right now - only the equity is usable. Once the house is actually sold, then the entire profit is usable... but your house sale isn't yet final. Future income can't be used to satisfy the I-864.

Ian

Noorah101

Ian, the money from the house sale won't be income, it will be an asset.

Either way, without getting a joint sponsor, all the OP can do is list the home as an asset for now. If the ConOff doesn't like it, then they can either wait until the house actually sells and use the cash as an asset, or get a joint sponsor.

Rene

LeafPeeper

But where does it say that it's only okay if we're keeping the house? Do you have particular cases in mind that bear this out?

My wife's current income is included but she won't be keeping her job. Surely it makes sense for them to allow the inclusion of the net cash value of real estate holdings because why would I sell a property with a view to moving to America before I knew I was going to be able to live there? It just so happens that we would be selling anyway even if we were to stay in the UK but it would seem intuitive for a person to get the okay to live in America before selling and it looks like i-864 allows for that.

I may look into that as my sister-in-law would do that for us.