Certified Statement of Assets & Liabilities
We often receive requests to prepare a “Certified Statement of Assets & Liabilities,” also known as a “Certified Statement of Net Worth.” Banks, mortgage companies, lenders, landlords, and other entities frequently ask for this document to verify a client’s financial status. Recently, mortgage companies have shown a significant demand for these statements.
This financial statement outlines the client’s major assets. These assets can include brokerage accounts, money market accounts, cash, gold, real estate, business interests, and other valuable items. We list each item with its estimated value. For business interests or real estate, we may use valuation techniques to determine their worth.
Next, we detail liabilities in the Statement of Net Worth. Liabilities might include long-term loans, credit cards, notes payable, and pending lawsuit settlements. We subtract these liabilities from the assets to create the final Statement of Net Worth. Our CPA then certifies the statement. Some lenders may also require a notary for additional verification.
Our team has extensive experience completing these reports. We have successfully helped clients secure homes in Texas, California, New York, and many other locations. A well-prepared Certified Statement of Assets & Liabilities can significantly impact your financial application process.
Contact Us
For assistance with your statement, contact us anytime at (212) 641-0673 or by email at george@nyc-account.com. We are ready to assist you and ensure your financial statement meets all necessary requirements.
