Page 33

DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 22 • The individual is still responsible for informing the worker promptly of any offers to buy and for showing that any offer refused was not reasonable. 10.5. Reasonable Efforts to Sell The individual must make reasonable efforts to sell excess non-liquid property by taking all necessary steps to sell it through media serving the geographic area in which the person lives or, if different, where the property is located. The individual must attempt to sell the property for as much as he/she can but cannot ask for more than the highest CMV estimated by a knowledgeable and disinterested third party 10.6. Continuing Efforts to Sell Except for gaps of no more than 1 week, the owner must: • List the property with an agent; or • Begin to advertise in at least one of the appropriate media; place a “For Sale” sign on the property (if permitted); begin to conduct open houses or otherwise show the property to interested parties on a continuing basis; or attempt any other appropriate methods of sale such as posting notices on community bulletin boards, distributing fliers, etc. 10.7. Individual Must Accept Any Reasonable Offer The owner must not reject any reasonable offer to buy the property and must accept the burden of demonstrating to the worker’s satisfaction that he/she rejected an offer because it was not reasonable. • Assume that an offer to buy real property is reasonable if it is at least two- thirds of the estimated CMV unless the owner proves otherwise. Example When the worker contacted Mrs. Darwin on September 19 to verify her continuing effort to sell, Mrs. Darwin stated that she had just refused an offer of $6,000 as being too low. Mrs. Darwin said she has no proof that $6,000 was unreasonable; it was her opinion that it was too low. The worker determines that the offer was reasonable ($6,000 is more than two-thirds of $8,000) and that Mrs. Darwin is no longer making reasonable efforts to sell. As of October 1, the property is a countable resource