is it good idea to buy a house in this situation where immigration is not fast
#1
is it good idea to buy a house in this situation where immigration is not fast
is it good idea to buy a house in this situation where immigration is not fast
Last edited by mail2rossb; Aug 9th 2007 at 3:12 am.
#2
BE Forum Addict
Joined: Jun 2007
Location: UK-Indonesia-US
Posts: 1,828
Re: is it good idea to buy a house in this situation where immigration is not fast
is it good idea to buy a house in this situation where immigration is not fast
FundRaiseraDOTCom
A Web Based Fund Raiser Site - Sign up with your PayPal account email & get funds instantly
http://fundraisera.com/img/fundraisera.gif
FundRaiseraDOTCom
A Web Based Fund Raiser Site - Sign up with your PayPal account email & get funds instantly
http://fundraisera.com/img/fundraisera.gif
#3
Re: is it good idea to buy a house in this situation where immigration is not fast
I am on non immigrant visa and on the GC path.
You know it is taking lot of time..
Lot of uncertainity..
You know it is taking lot of time..
Lot of uncertainity..
#4
BE Forum Addict
Joined: Jun 2007
Location: UK-Indonesia-US
Posts: 1,828
Re: is it good idea to buy a house in this situation where immigration is not fast
For the record we're in H category work visa's and we have been here FIVE years and still no EADs etc etc etc etc. have just applied for the i-485. We bought a house after we'd been living here a year which as prices were rising we didnt consider too risky as if we had to get out we could have made some dollar. We have an equity builder thing built into the mortgage so that we pay if off faster, that way if we have to go home we will have more equity to take out.
I'd say go for it unless you have like one month left on your visa as that might be a litlle foolhardy.
#5
Re: is it good idea to buy a house in this situation where immigration is not fast
Depends on where you live and whether house prices are going up or down. Unless they are going up and will clearly continue doing so, don't buy a house. With 6% realtor fees you'll never get out unscathed financially. Also, trying to sell a house in a hurry (if you end up having to leave) is no picnic.
So generally speaking I'd say don't do it.
p.s. People on here are not mind-readers. Give more information unless you want people to think you are a troll.
So generally speaking I'd say don't do it.
p.s. People on here are not mind-readers. Give more information unless you want people to think you are a troll.