Real estate brokers Local office of the Farmer's Home Administration or Agricultural Stabilization and Conservation Service for rural land Banks, savings and loan associations, mortgage companies, and similar lending institutions Official of the property tax jurisdiction (the individual's estimate, not the office's assessment) County Agricultural Extension Service Knowledgeable source statements must contain the following information: A description of the property and its condition; The estimated value of the property; The period of time to which the estimate applies; and The name and business address of the person providing the estimate. If the validity of the estimate is doubtful, obtain a second knowledgeable source statement. Always obtain a second estimate if the first estimate is less than the tax assessed value and the knowledgeable source cannot provide a reasonable explanation for the discrepancy. Appendix D Rebuttal Of Ownership of Assets Than Joint Bank Accounts (Eff. 10/01/05) If the applicant indicates that an asset does not belong to him, or did not belong to him at the time of transfer, he is required to provide documentary evidence of his claim. When the asset is not a checking or savings account, the individual must initially furnish a statement that includes: A description of the asset in question; The name, address, and telephone number of the alleged owner of the asset; A written explanation from the client, or the authorized representative, justifying and explaining the inconsistent record of ownership; and Statements and corroborative evidence from the alleged owner to include: Supporting equity ownership; or Indication that payments were made for the property, or indication of sustained payment of and/or expenses; or Indications that improvements were made (and paid for) to the property beyond those that would normally be expected of a non-owner. It is the applicant’s responsibility to provide adequate supporting evidence. The eligibility worker should forward all the evidence to the Bureau of Eligibility Administration at the
Real estate brokers Local office of the Farmer's Home Administration or Agricultural Stabilization and Conservation Service for rural land Banks, savings and loan associations, mortgage companies, and similar lending institutions Official of the property tax jurisdiction (the individual's estimate, not the office's assessment) County Agricultural Extension Service Knowledgeable source statements must contain the following information: A description of the property and its condition; The estimated value of the property; The period of time to which the estimate applies; and The name and business address of the person providing the estimate. If the validity of the estimate is doubtful, obtain a second knowledgeable source statement. Always obtain a second estimate if the first estimate is less than the tax assessed value and the knowledgeable source cannot provide a reasonable explanation for the discrepancy. Appendix D Rebuttal Of Ownership of Assets Than Joint Bank Accounts (Eff. 10/01/05) If the applicant indicates that an asset does not belong to him, or did not belong to him at the time of transfer, he is required to provide documentary evidence of his claim. When the asset is not a checking or savings account, the individual must initially furnish a statement that includes: A description of the asset in question; The name, address, and telephone number of the alleged owner of the asset; A written explanation from the client, or the authorized representative, justifying and explaining the inconsistent record of ownership; and Statements and corroborative evidence from the alleged owner to include: Supporting equity ownership; or Indication that payments were made for the property, or indication of sustained payment of and/or expenses; or Indications that improvements were made (and paid for) to the property beyond those that would normally be expected of a non-owner. It is the applicant’s responsibility to provide adequate supporting evidence. The eligibility worker should forward all the evidence to the Bureau of Eligibility Administration at the
Chapter_302.docx