<p>Okay, so I was doing my FAFSA and I noticed that it says to list assets (not the house you are living in)</p>
<p>Well- I lived in Mexico for twelve years (we own a house there) and then moved to the US. We purchased a house here about 6 years ago, and are still paying for it. The house in Mexico has been fully payed. </p>
<p>However, my dad still works in Mexico. He travels to Mexico Monday and comes back on Fridays (3 hour drive).. and he lives in our house in Mexico. I was wondering which house would be considered the house we are "living in" , since our family is living in both houses. </p>
<p>(PS. my parents are not divorced or anything, just a tough job :)</p>
<p>I would appreciate any help. </p>
<p>Thanks!</p>
<p>Selter</p>
<p>I would consider the house the family is living in full time as the primary residence, which would not have to be reported on FAFSA. (That is the address you use for college applications and everything, right?). The other house is a secondary home and will have to be reported on FAFSA.</p>
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gives you your answer really.</p>
<p>Also, we do not know the exact value of the house, since we havn’t had it evaluated in a long time… is it okay if we “guesstimate” the value?</p>
<p>selter…the house in which YOU reside with your parents is likely the primary residence…that’s the one where you live while you attend high school etc. I would think the house in Mexico is NOT your primary residence. Simply put…it’s not where you or your family lives most of the time.</p>
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<p>Unless you just had a house appraised in the last year, everyone is guesstimating their value. I would assume that a home in Mexico is going to be valued lower than a comparable house in the states.</p>