PM 07-02-06-b

Household goods and personal effects are of reasonable value if the client's equity in the property does not exceed $2,000. Apply the equity value in excess of $2,000 toward the asset limit.

Accept the client's statement on the application form or at REDE that they own nothing else valuable. If the client claims to own a valuable personal item, verify the value by any reasonable and reliable method such as: a sales slip, appraisal, insurance, or through local merchants.