Submitting house valuation
#1
Submitting house valuation
Hello all,
I may need to use the value of my apartment in the UK for the financials. I don't know for sure as my husband's situation is in flux. However, I just want to be ready. For several reasons it's going to be very difficult and impractical for me to obtain a valuation on it. Please let me know whether you think the following will work:
If I submit documents showing:
-Original purchase price
-Statement from the bank showing outstanding mortgage
-Some kind of statistic (it could be a census figure or a major newspaper article) showing % price increases in that specific town (London) from the year I bought the property to 2009
-A calculation based on above of my net equity
Do you think this will fly?
Thanks
I may need to use the value of my apartment in the UK for the financials. I don't know for sure as my husband's situation is in flux. However, I just want to be ready. For several reasons it's going to be very difficult and impractical for me to obtain a valuation on it. Please let me know whether you think the following will work:
If I submit documents showing:
-Original purchase price
-Statement from the bank showing outstanding mortgage
-Some kind of statistic (it could be a census figure or a major newspaper article) showing % price increases in that specific town (London) from the year I bought the property to 2009
-A calculation based on above of my net equity
Do you think this will fly?
Thanks
#2
Re: Submitting house valuation
You can certainly include all that with the I-864, but my layman's opinion is that the ConOff will want to see a valuation of your specific piece of property...not statistics from the area.
Rene
Rene