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cracked

Star Member
Oct 4, 2015
76
10
My wife got the ITA May 4th, we are not sure what to do about funds proof, when exactly do we need to show this? Right now we don't have it by I am in the process of selling my house so I will have funds soon, but it could take another month or more to exchange contracts, as long as the sale goes through, would CIC accept some kind of documentary evidence of this? We only have 35 days to submit the application now so I'm thinking of going back in the pool, but don't want to take a chance as my wife who is lead applicant only has 425 points and they have just gone back to 449. My wife is trying to mortgage her house but even if she gets the funds in time, they would be "encumbered". But if she told CIC she was going to sell the house to move to Canada and had mortgaged it as a first step, would they accept this?
 
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No - future proceeds of a house sale are not accepted as POF. The funds must already be available.

If that's the only documentation you can provide for POF, you'll need to decline the ITA.