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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

Old Aug 9th 2007, 3:00 am
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Default 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

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Old Aug 9th 2007, 3:08 am
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Default Re: is it good idea to buy a house in this situation where immigration is not fast

Originally Posted by mail2rossb View Post
is it good idea to buy a house in this situation where immigration is not fast


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Umm a little more info please? Do you have a visa already? What type? Are you just researching? Etc etc etc.
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Old Aug 9th 2007, 3:11 am
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Default 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..
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Old Aug 9th 2007, 3:16 am
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Default Re: is it good idea to buy a house in this situation where immigration is not fast

Originally Posted by mail2rossb View Post
I am on non immigrant visa and on the GC path.
You know it is taking lot of time..
Lot of uncertainity..
An L or H??? You dont give much away do you??

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.
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Old Aug 9th 2007, 4:05 am
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Default 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.
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