Owning a house disqualify?
 

We own a house worth approx $50,000 in Georgia and live in it,will this dis-qualify me from getting a check due to my diabetic foot neuropathy (pain)?

Only my wife works at Wal Mart.

Thx.

SSI? SSDI? Did you apply or did you already win?
I receive SSDI and I have a house and I still get checks.
Good luck!

No,i have not applied yet but was told i would probably qualify due to my diabetic foot neuropthy.

Was just wondering if having an older house would disqualify me.Have 2 older vehicles also and my wife works at Wal Mart.

I didn't earn enough in the past years so it would be that kind of check,not sure if it's SSI or SSI disability.

Went to a Neurologist and had the electrical test on my feet to confirm and he put me on 3,200mg's of Gabapentin per day as i can hardly tie my shoes because of pain,and then can only wear them 2 hours max :(

I am a home owner and my home is worth 325k and it was a non issue in being approved for SSDI. I have never heard of the SSA taking the value of your home into consideration when deciding whether you are disabled or not.

No.

Owning a home, regardless of value will not be considered an issue when applying for SSDI.

As or SSI, the sum of you monthly assets (excluding the value of your home) is what really matters for an SSI award.

-Vic

Thx all.

I may apply soon as we are living off my wife's Wal Mart salary alone. :o

Why wait? It takes several months to get an approval, so why not get things rolling now?

Apply. If you haven't already contacted SSA this month, you may have just lost one month's potential SSI benefits since tomorrow is 10/1.

Start on the disability report online. Get busy. Make it a priority. Finish the application in person at your local office. Bring 3 months proof of all income and resources. Answer all the questions.

Your assets don't matter with SSDI

I'm assuming you would file for SSI (for those who are disabled and low income) as you mentioned that you 'didn't work enough to qualify' so I'm assuming that would be SSDI.

With SSI you can't have more than $3000 (for a 2 person household) in the bank or more than a certain amount of household income. You could still own a house and a vehicle (one for you and one for wife). You should look into what the income restrictions are in your state.

Quick google check shows in Illinois (random google, don't know what state you are) that if you get approved for SSI it would bring your household income up to $1011 a month. If your wife already makes more than that, you'd be out of luck.

Here is a list of the resources you can have on SSI. Hope this helps.

http://www.socialsecurity.gov/ssi/te...urces-ussi.htm

How Workers' Compensation And Other Disability Payments May Affect Your Benefits:

http://www.socialsecurity.gov/pubs/10018.html#1

Thank you all for the help!

I have one big........well,problem though.We have $43,000 in the bank from an inheirtance i received a couple years ago.We have not spent much at all knowing i am unable to work.From what i read this would be a big problem meeting the requirments?

I know i could easily spend that having our old house fixed up some and then apply but this terrifies me again,knowing i am unable to work :(

Should we take it and play red or black? :winky:

Kiddin...any further suggestions?

That's a scary choice. At least if you put the money into the mortgage, you might be able to borrow it back again if you need it. If you put it into repairs, you day to day life might be easier but your safety net would be gone. There's no guarantee that you'll even be found disabled for SSI and SSA will not make a decision if you have excess resources.

Why not try to work enough to earn the quarters you need? 12 hours a week at $8 per hour might be enough for four quarters in 2011.

Unless Point Blank has kept his $43,000 in a non-interest bearing checking account, there is a paper trail of the interest that the account paid in 2009 and in 2010. Called a form 1099. It will be reported to the IRS. The IRS turns all that data to SSA for people who are on SSI. SSI applicants agree to this when they apply. If they refuse, their SSI claim will be denied. SSI applicants also agree that SSA can check any bank they want to look for unreported assets. If they disagree, their claims can be denied. The discovery of the closed bank accounts is often done months after benefits begin and every penny of SSI paid can be considered an overpayment, the case can be referred to OIG for a fraud investigation and future SSDI benefits or federal tax refunds can be withheld to repay the overpayment.

Probably not the best plan.

An inheritance is a resource I would be very careful if I were you.

http://ssa-custhelp.ssa.gov/app/answ...%20inheritence

The purpose of the SSI program is to help those who have NO resources (beyond the $2000-$3000 limits). Hiding resources in order to qualify is fraudulent.

We are closing this thread for review.

Thank you to all that posted previously, but the thread had gone off track a bit, those have been removed.

bumping up the original for any other on topic replies for Point Blank.