1500.8.1 Resources Requiring Verification

Official source

Verify the following: The total countable resource value when it is within $200 of the maximum resource limit; Exception: Do not verify for 3SquaresVT in a SNAP households. Transferred resources; Inaccessible resources; Jointly owned inaccessible resources. Verify the household: can only access a portion, and the value of the portion; or cannot subdivide the property without the joint owner’s approval. Inaccessible real property. Verify the household is making a good faith effort to sell the property at a reasonable price. Use collateral contacts and documents, such as but not limited to: Newspaper ads Real estate broker listings Vehicle’s fair market value when the household disputes the assigned value; New or older vehicles whose values are not available through usual sources, such as the NADA book; Fair Market Value for the following vehicles: classic, antique, or custom built. Questionable resource information.

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1500.8.1 Resources Requiring Verification

Official source

Verify the following: The total countable resource value when it is within $200 of the maximum resource limit; Exception: Do not verify for 3SquaresVT in a SNAP households. Transferred resources; Inaccessible resources; Jointly owned inaccessible resources. Verify the household: can only access a portion, and the value of the portion; or cannot subdivide the property without the joint owner’s approval. Inaccessible real property. Verify the household is making a good faith effort to sell the property at a reasonable price. Use collateral contacts and documents, such as but not limited to: Newspaper ads Real estate broker listings Vehicle’s fair market value when the household disputes the assigned value; New or older vehicles whose values are not available through usual sources, such as the NADA book; Fair Market Value for the following vehicles: classic, antique, or custom built. Questionable resource information.