The Rounds, an aged couple, file for SSI in 1/90. Their countable liquid resources
total $1,500. They also own nonhome real property with a CMV of $2,000, which would
cause their total resources to exceed the $3,000 limit.
However, there is a mortgage on the land with an outstanding principal balance of
$800. Thus, the property's equity value ($1,200) currently permits eligibility.
Payments on the mortgage reduce the outstanding principal balance by $80 a month.
At that rate, the property's equity value will reach $1,520 in 5/90, and resources
will exceed the limit.
The FO makes the following CG field input: RE99, REAL, PROP, 2000, 1200, 0590. It
also establishes a diary to recontact the couple in May.