Cashable investment as a Proof of Fund

[shrinivas1980]

Dear experts,

Can 'property valuations (valuation of own apartment)' be considered as a 'cashable investment'?

Thanks!

 

[joe99]

Dear experts,

Can 'property valuations (valuation of own apartment)' be considered as a 'cashable investment'?

Thanks!

No.......

Sell it...... Convert it into hard cash.....keep sale deed and agreement with you as
Proof........ Then only that will be considered as POF...,,, till then as an asset .....

 

[explorer101]

Dear experts,
Can 'property valuations (valuation of own apartment)' be considered as a 'cashable investment'?
Thanks!

Immovable property can not be considered as a cashable investment. Investment in mutual funds, bonds, market funds, GIC, FD are cashable investments.

 

[shrinivas1980]

Thanks a lot 'joe99' and 'explorer101' for your help.