a1b2c3
09-10 12:39 PM
I don't know if anybody has noticed it but the dates for EB-2 for VB October 2007 was April 1, 2004 and for VB October 2008 is April 1, 2003. That is a retrogression of 1 year - not good. :mad:
And then you must have also noticed that in Dec 07, it moved to Jan 1, 02.
Jan 00 in Jan 08, U in Feb-March and then April 03 in April 07.
With due respect, I don't think what you have observed really points to anything, either way.
Eventually, EB2-I will move forward, probably next April or so. And yes, this is all good old speculation, it doesn't mean anything really.
And then you must have also noticed that in Dec 07, it moved to Jan 1, 02.
Jan 00 in Jan 08, U in Feb-March and then April 03 in April 07.
With due respect, I don't think what you have observed really points to anything, either way.
Eventually, EB2-I will move forward, probably next April or so. And yes, this is all good old speculation, it doesn't mean anything really.
wallpaper celtic shamrock tattoo designs
satishku_2000
07-05 03:16 PM
I called my congressmans office and made them aware of the issue. He is Gary Miller 42nd district of CA.
mgmanoj
09-01 09:20 AM
Landed in January' 2000
1st Labor Filed in Sept'2001
State approved and project over so had to to move over
2nd Labor filed in Jan'2003 with Company B
Attorney screwed it
3rd Labor filed in Jun'2007
Missed July 2007 fiasco
New date EB3 - Jun'2007
1st Labor Filed in Sept'2001
State approved and project over so had to to move over
2nd Labor filed in Jan'2003 with Company B
Attorney screwed it
3rd Labor filed in Jun'2007
Missed July 2007 fiasco
New date EB3 - Jun'2007
2011 celtic shamrock tatoos
vik352
09-11 04:17 PM
This sounds like a great idea. It conveys our message and is funny which is why it will be picked up by media, that is exactly what we need. I am in.
more...
eb3_nepa
07-16 12:20 PM
$1 gas money saved from not going to subway :D :cool:
Good one!
Good one!
Sunx_2004
05-13 11:44 PM
This is strange, They are saying your I 140 get denied on the date it was approved...
What was the result of second MTR, Is that dismissed too...
I have EAD which expires on 07/30/2010. I have AP which expires on 10/29/2009
What was the result of second MTR, Is that dismissed too...
I have EAD which expires on 07/30/2010. I have AP which expires on 10/29/2009
more...
McLuvin
04-12 01:43 PM
What's happening with the PERM approval guys??
No approval off late... Its going in a snail pace since the last 10-20 days
BR,
McLuvin
No approval off late... Its going in a snail pace since the last 10-20 days
BR,
McLuvin
2010 Celtic Tattoo Designs
yibornindia
12-03 07:09 PM
Gurus,
I am about to switch jobs using EAD. I am worried that if my current employer revokes my 140, CIS may by mistake cancel my pending AOS. I am mentally prepared for this and talk to lawyer to be ready to file MTR in this case. However here is my question.
1. Will this immediately cancel my EAD? if so, I may have to resign.
2. If I continue working while filling for MTR, will it be illegal?
3. How much it costs to go thru' MTR process? How long it takes?
I read on some other website that denying 485 doesn't automatically cancel your EAD. Any inputs?
addsf345, did you get the answers? if yes, please share. Thanks much.:)
I am about to switch jobs using EAD. I am worried that if my current employer revokes my 140, CIS may by mistake cancel my pending AOS. I am mentally prepared for this and talk to lawyer to be ready to file MTR in this case. However here is my question.
1. Will this immediately cancel my EAD? if so, I may have to resign.
2. If I continue working while filling for MTR, will it be illegal?
3. How much it costs to go thru' MTR process? How long it takes?
I read on some other website that denying 485 doesn't automatically cancel your EAD. Any inputs?
addsf345, did you get the answers? if yes, please share. Thanks much.:)
more...
GCBy3000
07-06 04:49 PM
What does this statement mean?
http://www.uscis.gov/files/pressrelease/ReceiptingTimes06Jul07.pdf
per existing policies and procedures, requests for Premium Processing Service will continue to be processed within 15 days. USCIS wishes to assure all customers that the original received date (the date which the document is date stamped) will be honored and recorded on the receipt notice. This date will appear in the "Received Date" box on Form I-797, Notice of Action. The received date is different from the "Notice Date", which also appears on Form I-797. The Notice Date is the date the receipt notice was actually generated.
Why USCIS suddenly did this press release? Something fishy?
http://www.uscis.gov/files/pressrelease/ReceiptingTimes06Jul07.pdf
per existing policies and procedures, requests for Premium Processing Service will continue to be processed within 15 days. USCIS wishes to assure all customers that the original received date (the date which the document is date stamped) will be honored and recorded on the receipt notice. This date will appear in the "Received Date" box on Form I-797, Notice of Action. The received date is different from the "Notice Date", which also appears on Form I-797. The Notice Date is the date the receipt notice was actually generated.
Why USCIS suddenly did this press release? Something fishy?
hair Oval Lucky Clover tattoo
mbawa2574
07-07 07:47 PM
Can Patton Boggs do better? Haven't we had more legislative success, I mean traction, when we partnered with Quinn Gillespie? Are we receiving sound advice on which of our grievances require legislative action and which ones can be redressed by a mere change in policy on the part of the executive? It looks like most of our current problems were not ushered in by any new law, but rather by a stroke of a pen in a memo by the incompetent and indifferent INS, USCIS, DOL and the State Department. No change in law was needed to make then deny us concurrent filing in Oct 2005 and allow it in July 2007. No change in law was required to deny us visa revalidation. One could argue that no change in law is required to belatedly use unused visas from the previous years. The list goes on. It should be easier to lobby a handful of buffoons in the executive branch with real power than 500+ buffoons on Capitol Hill. Has Patton Boggs served us well?
We are hitting the wrong doors. We are not doing anything which gives us some visibility with media and politicians or administration. Time is running out guys
We are hitting the wrong doors. We are not doing anything which gives us some visibility with media and politicians or administration. Time is running out guys
more...
digital2k
05-03 07:58 PM
This is The call
Don't miss the chance
IV and We suceeded in July, 2 Year EAD and many more ...
Pls pick up the phone and do your bit
IV is YOU and is Your Best Friend
As the CIR bill outline is getting introduced today, we all need to do our share in making our voice heard. Our issues are real and affect about a million people patiently waiting in line for past several years. We are high-skilled immigrants who have followed all the rules and contribute significantly to the innovation and economy of this county. Our strength is our grassroots efforts, so let us all call our lawmakers and ask them to take immediate action on the immigration bill.
Call your Legislators:
Immigration Voice is organizing a nationwide call-the-lawmakers drive. We request members to call each and every senator and congress member. This drive will precede the �Advocacy Day(s)� in Washington, DC and �Meet the lawmaker� drive in local districts. Members can use this phone call conversation with their local lawmaker offices to follow-up with lawmakers when they meet during the break just after the Memorial day.
Don�t miss this opportunity:
This is the perfect time to call the lawmakers. The bill needs a push via support from people like us and all lawmakers needs to be encouraged and urged to help us. There are indications that there will be lot of activity on immigration issues in both House and Senate after the Memorial day. We need to make those activities go in our favor and not die like the CIR bill in 2006 & 2007. Thus it is important to starting calling lawmakers, starting from the Senate members. In order to capitalize on this opportunity, it is very important that everyone calls every lawmaker of this country. The similar next opportunity will be in 2013. We can participate now or we will all have ourselves to blame.
When:
This campaign starts today at 4:00 PM EST on 29th April, 2010) (Today) and will run until the end of next week. All IV members are encouraged to make multiple phone calls whenever they find some time during the day.
Who:
This is the order in which we would prefer that members call. Call all the senators listed here, even if they are not from your state.
This is the list of offices where there is maximum potential to swing votes either because they are new in the US senate or because they may be reconsidering their position on CIR if the bill has stricter provisions in it.
TIER I: LIST OF KEY SENATORS FOR CIR
Senator Scott Brown (R-Massachusetts)
(202) 224-4543 begin_of_the_skype_highlighting**************(202) 224-4543******end_of_the_skype_highlighting
Senator Judd Gregg (R-New Hampshire)
(202) 224-3324
Senator Richard Lugar (R-Indiana)
(202) 224-4814
Senator Michael Enzi (R-Wyoming)
(202) 224-3424
Senator Lindsey Graham (R-South Carolina)
(202) 224-5972
Senator John Ensign (R-Nevada)
(202) 224-6244
Senator Orin Hatch (R-Utah)
(202) 224-5251
Senator John Cornyn (R-Texas)
(202) 224-2934
Senator John Kyl (R-Texas)
(202) 224-4521
Senator Mitch Mcconnell (R-Kentuky)
(202) 224-2541
Senator Amy Klobuchar (D-Minnesota)
(202) 224-3244
Senator Claire McCaskill (D-Missouri)
(202) 224-6154
Senator Jon Tester (D-Montana)
(202) 224-2644
Senator Jim Webb (D-Virginia)
(202) 224-4024
Senator Sheldon Whitehouse (D-Rhode Island)
(202) 224-2921
What you could say to the Senator offices listed above:
When you call:
Be courteous. Tell the lawmaker office that:
--------------------------------------------
I am a high skilled immigrant and a member of Immigration Voice. I fully support the proposed comprehensive immigration reform bill due to be introduced later in the day today.
I am calling to express my support for the high skilled provisions to resolve the current green card backlogs of the doctors, engineers, research scientist and professors etc. This group of highly skilled immigrants stimulates every part of the economy participating in creating economic prosperity, innovation and entrepreneurship for creating more jobs in America.
I strongly urge the Senator to please support this bill. If it is possible, could you please share the position of the Senator on the Comprehensive Immigration Reform bill?
Thank you and I am counting on the Senator�s support for this very important bill of national priority. Please convey regards to the Senator.
--------------------------------------------
If you belong to the constituency (State) of the lawmaker, then tell them that you belong to their district/state and are calling to seek their help. If you are talking to a Senator office then tell them you are anxiously waiting for a Senators support for the immigration bill.
- Then ask: What is the lawmaker�s position on this bill/issue for you? If the position is
- Supportive: Then thank the lawmaker office for it.
- If they oppose it: Then request them to support the high skilled green card provisions of the bill that will greatly help you. You sincerely hope that the lawmaker will reconsider his/her position and help you.
- Be polite and persuasive in your message.
Question What if some Senators say they do not support amnesty. -
Answer "For last 10 years there has been no High-skilled immigration bill passed by the Congress. The world has changed in last 10 years. I understand that the Senator is a champion for creating more jobs in America. Employment based green cards will create jobs in America. I want to start my own company and hire people in America. But I cannot do that if I don't have a green card.
I would sincerely request you to please convey to the Senator if he would consider supporting some version of the immigration bill
giving more weight to green cards and creating jobs in America, or maybe the Senator could lead the effort for improving the proposal"
TIER II: LIST OF KEY SENATORS SPONSORING OR CO-SPONSORING CIR BILL
Senate Majority Leader Harry Reid (Nevada)
(202) 224-3542
Senator Dick Durbin (Illinois)
(202) 224-2152
Senator Chuck Schumer (New York)
(202) 224-6542
Senator Patrick Leahy (Vermont)
(202) 224-4242
Senator Dianne Feinstein (California)
(202) 224-3841
Senator Bob Menendez (New Jersey)
(202) 224-4744
Sen. Ben Cardin (Maryland)
(202) 224-4524
What:
When you call:
Be courteous. Tell the lawmaker office that:
--------------------------------------------
I am a high skilled immigrant and a member of Immigration Voice. I fully support the proposed comprehensive immigration reform bill due to be introduced later in the day today.
Thank you for the Senator�s leadership on this very important issue of immigration. Please convey my gratitude, full support and regards to the Senator.
--------------------------------------------
- Be polite and persuasive in your message.
Stick to the message and you will really make a big difference.
Please post the outcome of your call on this thread. For more information please contact IV.
Thank You,
Immigration Voice
Don't miss the chance
IV and We suceeded in July, 2 Year EAD and many more ...
Pls pick up the phone and do your bit
IV is YOU and is Your Best Friend
As the CIR bill outline is getting introduced today, we all need to do our share in making our voice heard. Our issues are real and affect about a million people patiently waiting in line for past several years. We are high-skilled immigrants who have followed all the rules and contribute significantly to the innovation and economy of this county. Our strength is our grassroots efforts, so let us all call our lawmakers and ask them to take immediate action on the immigration bill.
Call your Legislators:
Immigration Voice is organizing a nationwide call-the-lawmakers drive. We request members to call each and every senator and congress member. This drive will precede the �Advocacy Day(s)� in Washington, DC and �Meet the lawmaker� drive in local districts. Members can use this phone call conversation with their local lawmaker offices to follow-up with lawmakers when they meet during the break just after the Memorial day.
Don�t miss this opportunity:
This is the perfect time to call the lawmakers. The bill needs a push via support from people like us and all lawmakers needs to be encouraged and urged to help us. There are indications that there will be lot of activity on immigration issues in both House and Senate after the Memorial day. We need to make those activities go in our favor and not die like the CIR bill in 2006 & 2007. Thus it is important to starting calling lawmakers, starting from the Senate members. In order to capitalize on this opportunity, it is very important that everyone calls every lawmaker of this country. The similar next opportunity will be in 2013. We can participate now or we will all have ourselves to blame.
When:
This campaign starts today at 4:00 PM EST on 29th April, 2010) (Today) and will run until the end of next week. All IV members are encouraged to make multiple phone calls whenever they find some time during the day.
Who:
This is the order in which we would prefer that members call. Call all the senators listed here, even if they are not from your state.
This is the list of offices where there is maximum potential to swing votes either because they are new in the US senate or because they may be reconsidering their position on CIR if the bill has stricter provisions in it.
TIER I: LIST OF KEY SENATORS FOR CIR
Senator Scott Brown (R-Massachusetts)
(202) 224-4543 begin_of_the_skype_highlighting**************(202) 224-4543******end_of_the_skype_highlighting
Senator Judd Gregg (R-New Hampshire)
(202) 224-3324
Senator Richard Lugar (R-Indiana)
(202) 224-4814
Senator Michael Enzi (R-Wyoming)
(202) 224-3424
Senator Lindsey Graham (R-South Carolina)
(202) 224-5972
Senator John Ensign (R-Nevada)
(202) 224-6244
Senator Orin Hatch (R-Utah)
(202) 224-5251
Senator John Cornyn (R-Texas)
(202) 224-2934
Senator John Kyl (R-Texas)
(202) 224-4521
Senator Mitch Mcconnell (R-Kentuky)
(202) 224-2541
Senator Amy Klobuchar (D-Minnesota)
(202) 224-3244
Senator Claire McCaskill (D-Missouri)
(202) 224-6154
Senator Jon Tester (D-Montana)
(202) 224-2644
Senator Jim Webb (D-Virginia)
(202) 224-4024
Senator Sheldon Whitehouse (D-Rhode Island)
(202) 224-2921
What you could say to the Senator offices listed above:
When you call:
Be courteous. Tell the lawmaker office that:
--------------------------------------------
I am a high skilled immigrant and a member of Immigration Voice. I fully support the proposed comprehensive immigration reform bill due to be introduced later in the day today.
I am calling to express my support for the high skilled provisions to resolve the current green card backlogs of the doctors, engineers, research scientist and professors etc. This group of highly skilled immigrants stimulates every part of the economy participating in creating economic prosperity, innovation and entrepreneurship for creating more jobs in America.
I strongly urge the Senator to please support this bill. If it is possible, could you please share the position of the Senator on the Comprehensive Immigration Reform bill?
Thank you and I am counting on the Senator�s support for this very important bill of national priority. Please convey regards to the Senator.
--------------------------------------------
If you belong to the constituency (State) of the lawmaker, then tell them that you belong to their district/state and are calling to seek their help. If you are talking to a Senator office then tell them you are anxiously waiting for a Senators support for the immigration bill.
- Then ask: What is the lawmaker�s position on this bill/issue for you? If the position is
- Supportive: Then thank the lawmaker office for it.
- If they oppose it: Then request them to support the high skilled green card provisions of the bill that will greatly help you. You sincerely hope that the lawmaker will reconsider his/her position and help you.
- Be polite and persuasive in your message.
Question What if some Senators say they do not support amnesty. -
Answer "For last 10 years there has been no High-skilled immigration bill passed by the Congress. The world has changed in last 10 years. I understand that the Senator is a champion for creating more jobs in America. Employment based green cards will create jobs in America. I want to start my own company and hire people in America. But I cannot do that if I don't have a green card.
I would sincerely request you to please convey to the Senator if he would consider supporting some version of the immigration bill
giving more weight to green cards and creating jobs in America, or maybe the Senator could lead the effort for improving the proposal"
TIER II: LIST OF KEY SENATORS SPONSORING OR CO-SPONSORING CIR BILL
Senate Majority Leader Harry Reid (Nevada)
(202) 224-3542
Senator Dick Durbin (Illinois)
(202) 224-2152
Senator Chuck Schumer (New York)
(202) 224-6542
Senator Patrick Leahy (Vermont)
(202) 224-4242
Senator Dianne Feinstein (California)
(202) 224-3841
Senator Bob Menendez (New Jersey)
(202) 224-4744
Sen. Ben Cardin (Maryland)
(202) 224-4524
What:
When you call:
Be courteous. Tell the lawmaker office that:
--------------------------------------------
I am a high skilled immigrant and a member of Immigration Voice. I fully support the proposed comprehensive immigration reform bill due to be introduced later in the day today.
Thank you for the Senator�s leadership on this very important issue of immigration. Please convey my gratitude, full support and regards to the Senator.
--------------------------------------------
- Be polite and persuasive in your message.
Stick to the message and you will really make a big difference.
Please post the outcome of your call on this thread. For more information please contact IV.
Thank You,
Immigration Voice
hot box, Shamrock
setpit_gc
07-24 05:19 PM
My wife's DL expired in June 2007. We got her extension in April 2007 for next 3 years. FYI: It took only 40 days to get the approval. Applied in PP.
We noticed the incorrect DOB in her approval notice. Attorney contacted CIS about this. We got a letter from CIS asking us to wait for 30 days to review her case. It is 90+ days since we reported CIS's typographical error. They took 40 days to approve the extension but they are taking more than 90 days to correct the DOB and issue a copy. Congrats CIS!.
Because of CIS's typographical error, we are facing hell of problems. She couldn't renew her DL. We went to DL office. We were asked to file a complaint. That takes ANOTHER 10 to 12 months to get the feedback from DL office.
I don't know what to do other than just WAIT!.
We noticed the incorrect DOB in her approval notice. Attorney contacted CIS about this. We got a letter from CIS asking us to wait for 30 days to review her case. It is 90+ days since we reported CIS's typographical error. They took 40 days to approve the extension but they are taking more than 90 days to correct the DOB and issue a copy. Congrats CIS!.
Because of CIS's typographical error, we are facing hell of problems. She couldn't renew her DL. We went to DL office. We were asked to file a complaint. That takes ANOTHER 10 to 12 months to get the feedback from DL office.
I don't know what to do other than just WAIT!.
more...
house SHAMROCK TATTOO DESIGNS FOR
hiralal
05-29 12:05 AM
if your loan is denied while on EAD ..count yourself as lucky !!!
my advice ..be careful before you take a plunge when on EAD or on temporary visa (H1).
-----------------
MONDAY, MAY 25, 2009
OTHER VOICES
The Housing Hurricane Will Howl Again
By MIKE MORGAN | MORE ARTICLES BY AUTHOR
This is only a lull in the housing hurricane.
WE'RE OUT OF THE EYE OF THE HURRICANE, but here comes the back half of the storm. A lot of people think that we've seen the worst of the housing crisis. They're talking about green shoots and glimmers of hope, when they should be back in the storm shelter, preparing for a flood of inventory that will overwhelm the markets and produce another round of falling prices
For the past few months there has been a semi-moratorium on foreclosures. Most institutions with delinquent mortgages didn't foreclose. The signs that blanket many neighborhoods have been posted by a fraction of the lenders. Now the rest of the banks are rushing to get their properties on the market.
[ov]
Christoph Hitz for Barron's
We're still supporting misguided programs that only add to inventory woes. They encourage builders to put up more homes and penalize anyone else trying to sell a home.
As a Florida real-estate broker who works with bank asset managers to dispose of foreclosed properties, I get a good view of this market. From December 2008 through mid-March 2009, the number of asset managers calling to discuss REO (real estate owned) properties on their client banks' books dropped by more than 80% from the level at which it previously had been running. In the past two months, however, asset managers have been busy, with most interested in how many properties we could handle at once.
Law firms for banks are once again lining up to file foreclosures and to process evictions. The asset managers we work with have warned us to expect a flood of properties, beginning in early June. This will hit as the number of potential buyers continues to dwindle. Builders, traditional sellers and investors who entered too early are already loaded with REO properties.
ALL OF THE OBAMA administration's attempts to revive, resuscitate and shock the housing markets into recovery have failed. Potential buyers can't purchase homes when they are losing their jobs, regardless of how attractive the credits and mortgages are. The price of homes will continue to fall until the properties are affordable for potential buyers.
If an investor could purchase a home and rent it out for close to breakeven, we might be getting close to a bottom. But we are nowhere close to that level in most critical markets. Until it is approached, prices will continue to fall. In fact, the negative cash flow now evident, along with the flood of properties coming into the inventory pool, warn of lower prices.
There's no light at the end of the tunnel yet. We're still supporting builders through misguided programs that are only adding to the inventory woes. California decided to offer a $10,000 credit to buyers of new homes, on top of the $8,000 federal credit. But California made the $10,000 available only for new homes purchased directly from builders. That shows the power of the builders' lobby, but it only adds to California's housing-industry problem. It encourages builders to construct dwellings we don't need, and it penalizes anyone else trying to sell a home.
Housing inventory soon will flood a market in which more than 500,000 homes are being built each year, even though the annual sales pace for new homes is closer to 300,000. We must also deal with a system clogged with impossible short sales, a surge of second and vacation homes being dumped, and third-wave flippers realizing that they entered the market too soon.
FOR THE BANKS, the back half of the hurricane will destroy balance sheets, unless the Obama administration comes up with another plan to mythically mark these assets on the books. Or we might see some chimerical plan to write down mortgage payments, or move toxic mortgages into a dark pool, or create some new illusion that glosses over the problem.
Our experience with banks' selling REOs is they realize about 50%-75% of what they initially think they will get. Moreover, their expenses to bring these properties to market and manage them are growing. Court systems bogged down with foreclosures are raising fees so that they can hire additional staff. More and more homeowners being evicted are stripping homes to the bone, removing appliances, fixtures, carpet, cabinets, air handlers, motorized garage-door openers and anything else that they can carry off or sell.
Unemployment presents a two-pronged problem. If homeowners lose their jobs, they have difficulty meeting mortgage payments. And a high jobless rate forces more people to put their homes on the market.
During the housing bubble, many second homes were purchased with the mythical equity from primary residences. These second homes are coming onto the market at an alarming rate, as many middle- and upper-class sellers need to raise cash. In some very exclusive private communities in Florida, where home prices are in the seven figures, more than 50% of the homes are on the market. (For more on the vacation-home market, see Cover Story.)
Unfortunately, there are no signs of recovery, despite the hype and the twisting of numbers in many media reports. The end of the unofficial moratorium on foreclosures, combined with rising unemployment, signals that the back half of this housing hurricane is only just beginning.
my advice ..be careful before you take a plunge when on EAD or on temporary visa (H1).
-----------------
MONDAY, MAY 25, 2009
OTHER VOICES
The Housing Hurricane Will Howl Again
By MIKE MORGAN | MORE ARTICLES BY AUTHOR
This is only a lull in the housing hurricane.
WE'RE OUT OF THE EYE OF THE HURRICANE, but here comes the back half of the storm. A lot of people think that we've seen the worst of the housing crisis. They're talking about green shoots and glimmers of hope, when they should be back in the storm shelter, preparing for a flood of inventory that will overwhelm the markets and produce another round of falling prices
For the past few months there has been a semi-moratorium on foreclosures. Most institutions with delinquent mortgages didn't foreclose. The signs that blanket many neighborhoods have been posted by a fraction of the lenders. Now the rest of the banks are rushing to get their properties on the market.
[ov]
Christoph Hitz for Barron's
We're still supporting misguided programs that only add to inventory woes. They encourage builders to put up more homes and penalize anyone else trying to sell a home.
As a Florida real-estate broker who works with bank asset managers to dispose of foreclosed properties, I get a good view of this market. From December 2008 through mid-March 2009, the number of asset managers calling to discuss REO (real estate owned) properties on their client banks' books dropped by more than 80% from the level at which it previously had been running. In the past two months, however, asset managers have been busy, with most interested in how many properties we could handle at once.
Law firms for banks are once again lining up to file foreclosures and to process evictions. The asset managers we work with have warned us to expect a flood of properties, beginning in early June. This will hit as the number of potential buyers continues to dwindle. Builders, traditional sellers and investors who entered too early are already loaded with REO properties.
ALL OF THE OBAMA administration's attempts to revive, resuscitate and shock the housing markets into recovery have failed. Potential buyers can't purchase homes when they are losing their jobs, regardless of how attractive the credits and mortgages are. The price of homes will continue to fall until the properties are affordable for potential buyers.
If an investor could purchase a home and rent it out for close to breakeven, we might be getting close to a bottom. But we are nowhere close to that level in most critical markets. Until it is approached, prices will continue to fall. In fact, the negative cash flow now evident, along with the flood of properties coming into the inventory pool, warn of lower prices.
There's no light at the end of the tunnel yet. We're still supporting builders through misguided programs that are only adding to the inventory woes. California decided to offer a $10,000 credit to buyers of new homes, on top of the $8,000 federal credit. But California made the $10,000 available only for new homes purchased directly from builders. That shows the power of the builders' lobby, but it only adds to California's housing-industry problem. It encourages builders to construct dwellings we don't need, and it penalizes anyone else trying to sell a home.
Housing inventory soon will flood a market in which more than 500,000 homes are being built each year, even though the annual sales pace for new homes is closer to 300,000. We must also deal with a system clogged with impossible short sales, a surge of second and vacation homes being dumped, and third-wave flippers realizing that they entered the market too soon.
FOR THE BANKS, the back half of the hurricane will destroy balance sheets, unless the Obama administration comes up with another plan to mythically mark these assets on the books. Or we might see some chimerical plan to write down mortgage payments, or move toxic mortgages into a dark pool, or create some new illusion that glosses over the problem.
Our experience with banks' selling REOs is they realize about 50%-75% of what they initially think they will get. Moreover, their expenses to bring these properties to market and manage them are growing. Court systems bogged down with foreclosures are raising fees so that they can hire additional staff. More and more homeowners being evicted are stripping homes to the bone, removing appliances, fixtures, carpet, cabinets, air handlers, motorized garage-door openers and anything else that they can carry off or sell.
Unemployment presents a two-pronged problem. If homeowners lose their jobs, they have difficulty meeting mortgage payments. And a high jobless rate forces more people to put their homes on the market.
During the housing bubble, many second homes were purchased with the mythical equity from primary residences. These second homes are coming onto the market at an alarming rate, as many middle- and upper-class sellers need to raise cash. In some very exclusive private communities in Florida, where home prices are in the seven figures, more than 50% of the homes are on the market. (For more on the vacation-home market, see Cover Story.)
Unfortunately, there are no signs of recovery, despite the hype and the twisting of numbers in many media reports. The end of the unofficial moratorium on foreclosures, combined with rising unemployment, signals that the back half of this housing hurricane is only just beginning.
tattoo celtic clover tattoo.
mallu
04-02 02:29 PM
You don't need to be harsh on your comments. You can go ahead and file a case with USCIS. That's what I've been saying here all the time.
Calling me a numbskull I think is inappropriate. You can disagree with me and I can disagree with you which is the essence of this forum but not to abuse each other.
I didn't call you numbskull and I will never call anyone numbskull, so I guess you owe me an apology.
That is right. People can express their opinions. No name calling and rough language.
Calling me a numbskull I think is inappropriate. You can disagree with me and I can disagree with you which is the essence of this forum but not to abuse each other.
I didn't call you numbskull and I will never call anyone numbskull, so I guess you owe me an apology.
That is right. People can express their opinions. No name calling and rough language.
more...
pictures Bar and look at, pictureceltic
Xipe Totec
04-25 12:37 PM
This would technically mean that anyone anywhere in the world now, who has ever been to the US on a H visa, can apply for a GC based on the first touchdown date.
Not if the law would say "...currently holding an H1B status" ;)
Not if the law would say "...currently holding an H1B status" ;)
dresses 2011, Celtic
Jeniya2006feb27INDIA
11-06 04:03 AM
I read somwhere that another bill is in que of senete for allowing the reinstatement of schedule A
is it true? if yes, is there any chance that it will become a bill
is it true? if yes, is there any chance that it will become a bill
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makeup At from history of shamrock
gc28262
05-06 01:54 PM
Called all Tier1 Senators and left/passed on the message
girlfriend Shamrock tattoo with banner.
Macaca
06-18 10:51 AM
Please post your concerns in Employment Based (EB) Skilled Immigration Applicants (http://boards.msn.com/MSNBCboards/thread.aspx?boardid=1042&threadid=314286&boardsparam=Page%3D3)
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belmontboy
05-13 11:05 PM
� I-140 filed 05/04/2007
� I-140 approved 09/04/2007.� I-485 filed on 07/02/2007.
� Changed jobs on 07/14//2008 (after 1 year of pending I-485)
� Soft LUD on I-140 02/03/2009 (possible revocation of I-140 from my previous employer)
� got I-485 denial notice on 02/18/2009
� filed MTR on 02/27/2009
� MTR dismissed on 03/26/2009 (on the grounds that I-140 was denied on 09/04/2009)
� filed second MTR on 04/23/2009
� soft LUDs on the second MTR on 04/27/2009 and 04/28/2009
was ur first MTR denied in error?
as per you, your I-140 was never denied.
� I-140 approved 09/04/2007.� I-485 filed on 07/02/2007.
� Changed jobs on 07/14//2008 (after 1 year of pending I-485)
� Soft LUD on I-140 02/03/2009 (possible revocation of I-140 from my previous employer)
� got I-485 denial notice on 02/18/2009
� filed MTR on 02/27/2009
� MTR dismissed on 03/26/2009 (on the grounds that I-140 was denied on 09/04/2009)
� filed second MTR on 04/23/2009
� soft LUDs on the second MTR on 04/27/2009 and 04/28/2009
was ur first MTR denied in error?
as per you, your I-140 was never denied.
raysaikat
01-06 05:23 PM
I did not see MS in any discipline.
They had PhD CS also; my friend got PhD from there.
They also had something like a CS diploma (don't remember details). They had 10 (??) theoretically sound courses. Students in most US schools will not be able to handle these courses.
However, course content is not the only strength of US Education (all levels). Something else (which is hard to enumerate and quantify) happens outside the classes. But it does not happen to everyone: some are not receptive and others don't run into it!
Yes, TIFR is a very good institute, especially in Physics and Mathematics (and CS is a mathematics discipline).
They had PhD CS also; my friend got PhD from there.
They also had something like a CS diploma (don't remember details). They had 10 (??) theoretically sound courses. Students in most US schools will not be able to handle these courses.
However, course content is not the only strength of US Education (all levels). Something else (which is hard to enumerate and quantify) happens outside the classes. But it does not happen to everyone: some are not receptive and others don't run into it!
Yes, TIFR is a very good institute, especially in Physics and Mathematics (and CS is a mathematics discipline).
satishku_2000
07-05 05:09 PM
Spoke to Congresswoman Office personnel in CA . Congresswoman Eshoo office staff and Congresswoman Lofgren office staff. Going to contact Senator Clinton. I had contributed towards her Presidential Campaign.
Going to meet Congress Congresswoman Eshoo staff next week.
If you are not aware of campaign finance laws , get in touch with them and make em aware of the mistake you made and you should get your check back if you are not a citizen or PR.
Going to meet Congress Congresswoman Eshoo staff next week.
If you are not aware of campaign finance laws , get in touch with them and make em aware of the mistake you made and you should get your check back if you are not a citizen or PR.
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