Hi there,
Darlene and I are getting the REBNY Financial Statement ready and have a couple questions:
- My parents are providing the down payment, so this amount of money won't be reflected in the REBNY Financial Statement. Is that ok? If they need to transfer it to my account first, I suppose we could do that, but not sure if there's a more direct way to do it.
- My employer is paying for my life insurance, with a standard amount of $400,000. I am not supposed to write that in the REBNY Financial Statement, am I? Those aren't really assets available to me, so it would seem strange to have that added to the assets.
- I'm assuming the amount for wages/salary should be written as the annual amount, yes?
Should I send your partner broker a copy of the REBNY Financial Statement to look over?
Thanks very much!
Ben
Darlene and I are getting the REBNY Financial Statement ready and have a couple questions:
- My parents are providing the down payment, so this amount of money won't be reflected in the REBNY Financial Statement. Is that ok? If they need to transfer it to my account first, I suppose we could do that, but not sure if there's a more direct way to do it.
- My employer is paying for my life insurance, with a standard amount of $400,000. I am not supposed to write that in the REBNY Financial Statement, am I? Those aren't really assets available to me, so it would seem strange to have that added to the assets.
- I'm assuming the amount for wages/salary should be written as the annual amount, yes?
Should I send your partner broker a copy of the REBNY Financial Statement to look over?
Thanks very much!
Ben
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