Hi Skyisthelimit,
So I used the local county assessment value and provided a printout from my local county website's assessment value. I would recommend, if you decide to add the value, then yes go with the county assessment value. Unfortunately, my lawyer did not address the part in regards to a high positive equity (as in your case) since my positive equity was a small fraction compared to what you have. Since you're telling me that at minimum if you sold your home today, you'd end up with a net profit (cash in pocket) of at least $300,000 I would *not* recommend putting that in the assets line as they'll seriously think you're well off and are not in a state of economic necessity. I am NOT a lawyer, but if i was an adjudicator and saw your asset value at over $300,000 i'd start to doubt as to why you need a work permit. Maybe you should go with what your lawyer said and not put it in the 765ws form. Or best case scenario you could give up your ownership of the home and get your name removed from the home title and just give it to your parents only. That would relieve you of any liability that you have any ownership/equity in the home. Just an FYI, i submitted all my mortgage bills, 1040 tax forms so I had to surrender all my asset info. And yes, put the stock ownership (as you bought them) under the asset value line of the 765ws form. Hope this helped you out sir/ma'am