CalWORKs Policy - Department of Public Social Services

the applicant/participant decides not to
sell the property, the property is
considered in the resource limit.
See CW 44-113 Income – Net Income for
more information.
Can an applicant with excess real property
receive Immediate Need (IN)?
An applicant with excess real property, who is
otherwise eligible for IN, can be issued an IN
payment as long as he/she signs the CW
81/CW 82 (out of drawer).
See CW 40-129.1 - Immediate Need (IN) –
Definition for more information.
What is a “good faith” effort?
Under the terms of the agreement (CW 81[out
of drawer], Lien Agreement and CW 82 [out of
drawer], Agreement to Sell Property), the
applicant/participant must make a good faith
effort to sell the property by:
a) Listing the property with a licensed real
estate broker and be willing to negotiate the
price/terms with potential buyers.
b) Make an effort to sell the property, which
must include all of the following:
• Advertise once a week, in at least one
newspaper, that the property is for sale.
• Place a for sale sign that is visible from
the street.
• Be willing to negotiate the price/terms of
the sale with potential buyers.
The applicant/participate must try to sell the
property at no more than its approximate fair
market value (FMV). The FMV is a choice of:
• The assessed value; or
• A valuation of the market value obtained by
the applicant/participant from a licensed real
estate broker.