Under the expenses section what if I do not have one of the expenses how do I make it a $0?

For many of these expenses, you can turn the expense off by clicking the icon next to the expense name.

What if there is no icon next to the expense name to turn off and expense I do not have?

You would want to keep the sliding scale to the furthest left and then ensure you explain the lack of the expense at the end of the application.

How do I figure out the current market value of my property?

You can use your most recent assessment. If you do not have a recent assessment, you can use real estate websites such as Zillow.

What if I have shared ownership on additional real estate properties?

You should put in the full value of the property and outstanding mortgage. Because you do not own 100% value of the property, you will want to provide a follow up notation on the address and the % you own at the end of your application.

Should my Retirement Accounts include my company accounts?

Yes

What is I am saving for Retirement through real estate, should I add the value of the real estate under retirement accounts?

No

What should I put under “Other Assets?”

This is meant for you to be able to disclose any other asset you may have that has not already been disclosed/captured in the Clarity application. A common example would be a trust or an annuity.

What are some out of pocket expenses?

Examples of out of pocket expenses can be things such as home or car repairs, vet or funeral expenses, medical bills, kids extracurricular activities like music lessons or sports camps, etc.