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  • suavesandeep
    05-29 12:34 PM
    Well, so far so good for me. As per Zillow estimate, my home value is now 10k more than my purchase price. It depends on where you're buying.

    I guess that when the economy starts climbing up and people starts buying houses, interest rate will also climb up to 6%. At 6%, I need to pay $400 more per month.
    If you check interest rate trends for the last 50 years, You will notice that during every economic downturn which is every 5-7 years the interest rates do come down. Although this time the down is a bit more due to severe recession, If you notice even in the last downturn around 2002 was in the 5% range. So only buying a house on the basis of low interest rate may not be prudent.
    http://mortgage-x.com/trends.htm

    One month is a small time span to check the value. If lets say one year from now your house loses value by 6%, The money you would save by taking a 6% loan on a lower principal will be higher than the lower interest rate on a 6% higher principal you pay now. You can always refinance again during the next downturn when the rates may again go down. But you cannot change the original principal at what you bought the home.

    So My point is the original principal you pay to buy the home should be a more important factor in buying a home than the low interest rate.


    I think you must have considered everything and made a smart choice, and this is not pointing at you. This is just a data point for others who haven't bought yet to consider.




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  • immigrationmatters30
    07-11 02:52 PM
    What do you guys think would be happen in SEP ? do you guys expect any forward movement.I still have not filed my I-485(yep, one of those unlucky ones who missed the boat).My PD is Aug-2007.




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  • ca_immigrant
    05-14 02:12 PM
    just called

    Senator Scott Brown (R-Massachusetts)
    (202) 224-4543

    I must say since it was my first call I was fumbling for the words...-:) even though I had pappu's message in front....

    but the person at the other ed heard patiently and said thank you !!

    forgot to ask what the senator stand on it was...

    everybody go for it call all the senators !!! I will call more...now




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  • WAIT_FOR_EVER_GC
    09-04 08:14 PM
    T
    i think there is more smartness needed than luck in the greencard process. If you look at the posts in this thread there are some people that came to usa in 1990s and still waiting, while some that came much later are on their way to citizenship. Some got the eb2 route and are happy and some in eb3 have only gloom before them.

    This in my opinion has helped smart folks among us:

    - they applied for gc as soon as possible. Those who waited did not give importance to greencard as soon as they started a job in usa are now paying for their mistakes. During the initial days of career i have seen people saying that gc is not important to them etc but when their h1b is about to expire they panic and get desperate for green card.

    ** even if a person starts the gc process in the initial days, he/she may find another better job than what they are doing now. You can't just stay with a desi blood sucker if your gc process has been started by that company.
    Someone who has applied in june 2002 under eb3 never thought that he/she will be stuck for so long. This is because of the amnesty given by the bush administration in 2001.
    This is pure luck.**

    - before pre-perm era in 2005, smart folks took up jobs in states where labor certification had no backlog. They are now either waiting for citizenship or already citizens. On the other hand people in states like ca, ny etc suffered due to labor backlogs and far from getting greencard in hand.
    ** in pre-perm era some companies started opening dummy companies in states like delaware, maine, iowa, nebraska .. Etc, and applied labor from those states. Few people were lucky that they could get through this route.
    One of my friend got stuck using this route, he had to change the company as uscis had
    started questioning the companies.
    If you are talking about getting hired by a company who is based out of such states is very difficult because these states do not have much jobs in the information technology sector.


    - any company can be good or bad for an individual. It it not a question of consulting vs fortune 500 or small vs big size of a company. Smart folks know what matters them the most when they join a company. When company sees them as a valuable asset, it applies for them. I have seen where company applied for gc as soon as the employee joined it. And i have seen posts where people had to wait for several years before company applied.

    ** every desi blood sucking company till now tries to take as much advantage as possible and will file the gc when there is no other go.

    - people who took advantage of the labor substitution got faster labors. Some could take advantage of eb2 labors and they are very fortunate. This is in no way endorsing the labor substitution rule, but in pre 2007 times nobody was protesting against it. This is a sad reality.

    - smart folks took the risk and changed jobs wth eb2 job requirements, so that they can file in eb2. Such folks with 2007 pd are happy today and people with 2003 pds in eb3 will have to wait for a long time.

    - if you read posts on this thread, many people have posted that they feel they are being screwed by their employer or lawyer. But hardly anyone has said they took any action against it. This is also a sad reality where we as a community have failed and will continue to suffer.

    ** what type of action are you talking about. Who has the money to hire another lawyer to fight against these people. The only action one could have taken is to leave the company. But as a matter of fact all the desi companies are the same.
    If you are talking about getting hired by big companies then tell me seriously how many companies are willing to go through the paper work and file h1-b. During the 2001 recession tell me how many big companies were hiring.
    A drawback of the big companies is that if your are fired you loose your gc process, if you are working for a consulting company you have option of consulting and your greencard process is still intact.

    - many folks have said that they thought they were in eb2. But found they are in eb3. This shows another weakness of our community and lack of awareness. Iv forum tries to spread the awareness but unless an individual takes initiative, they will suffer.

    Many people were able to file i485 in july 2007 due to iv effort. Imagine a 2004 eb3 india person without ead today? How will he survive a job loss on h1b in a bad economy? We should take a lesson from that event and try for another big push. There is no other shortcut for us. It is shocking to find people on this thread that are in this country for more than 10 years and without a green card. These folks should be the most vocal folks in this effort.

    being vocal is another story

    -



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  • JunRN
    05-29 12:59 PM
    I don't want to argue either.

    In my case, I saved $400 per month as I got mine on 4.5% interest rate. If I got mine on 6% interest rate, I would have paid $144,000 more in the entire duration of my loan. I can't say enough on the value of my house because it is the lowest compared to all my neighbors with same model. The location has the best school district in the city and the elementary school is 3 blocks away.

    Refinancing is a tricky part of this game. Refinancing is not always good because most of the time, you will start at month 1 again where the interest part is higher than the principal. It also has closing cost. One should only refinance if the difference is greater than 1%. 1% is only break even.

    I am not saying all others should buy now. What I am saying is that we cannot say it's not a good time to buy either. It depends on where you're buying.




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  • amitjoey
    05-21 01:50 PM
    I just came across this thread. Is this campaign still on?

    You are welcome to call- If you did not do it earlier.



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  • insbaby
    07-06 01:40 AM
    Most leaders are actually volunteers in IV. They have a regular full time job.

    What you are saying: "who can take a flight to Washington DC on Monday morning, change the law by noon to issue GC to every EB category, have a lunch at Olive Garden, come back monday evening" :

    For this you need to hire full time lobbyist which costs a lot
    of money. IV budget is nowhere close to that the Hispanic lobby group:
    National council of La Raza whose budget is
    $40 million or $1.3 billion including its “affiliates” network.
    IV is a tiny organization in front of La Raza. Thats....a BILLION with full time lobbyist.

    I strongly suggest you listen to the audio interview to understand how big the hispanic
    lobby is.

    Raul Yzaguirre on Past and Future of La Raza : NPR (http://www.npr.org/templates/story/story.php?storyId=4229605)

    With such power also they cant pass CIR. But at least they ensure that no
    EB or illegal immigration reform will pass unless there is something for illegals.

    I agree. Thats what I tried to say.




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  • VSS2007
    04-03 11:18 AM
    Every one is living with full of hopes.. Please no fight.



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  • indyanguy
    09-26 10:21 AM
    Any reply to my original question?

    Thanks all




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  • pappu
    09-09 11:20 PM
    Just made an online contribution through my banks bill pay for $150.00. My handle should be part of the memo.

    On a more important note:

    WHY is the "Contact us" link SO hard to find?? I was required to put in the IV phone number and it took me more than 10 mins to find it. I highly suggest that the administrators put the contact link on the homepage itself.

    Thanks for the contribution.
    Contact us link is on every page at the top.



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  • eb3_nepa
    07-05 01:00 PM
    3 Threads on the same issue




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  • Jimi_Hendrix
    11-20 09:49 PM
    Got legal immigration?

    Joe Adams holds on to his coffee cup while he anxiously reads the immigration news headlines on Google. The democrats have just won control in Washington and like all immigrants; Joe is hopeful that some immigration reform will emerge.

    Joe, a native of United Kingdom first came to the United States in 1998. After graduating from Harvard Business School with an MBA he got his dream job in supply chain management. It was not long after that Joe’s company filed for his permanent residency. Life moved on and soon Joe and his wife Kathy had their first child. “The year was 2003” reminisces Joe, “I was really beginning to understand the U.S. immigration process. I was getting a handle on the numerous loops that lay ahead. It was soon apparent to me that immigration was no walk in the garden”.

    Of the 940,000 legal immigrants in 2004, only 16% were skilled employment-based immigrants. About 40% of these skilled immigrants had advanced degrees, or 5 or more years of experience after a baccalaureate degree. The impact of these workers’ contributions to American competitiveness belies their small number. They add to the process of scientific discovery, technology development, and innovation, which in turn leads to greater productivity growth. Current immigration policy is abetting brain drain and forcing many of these immigrants to leave for countries like Canada and United Kingdom where skilled immigrants are given priority over undocumented and family-based immigrants.

    Legal Immigration, Rewarding?
    “Most importantly legal immigration has to be rewarding for legal residents and create a shining example for all other immigrants”, remarks Joe Adams. In the United States, all immigration reform for highly skilled immigrants is bundled with reform for undocumented workers. This phenomenon is representative of the apathy of U.S. immigration policy towards highly skilled legal immigrants. Many of them have advanced degrees in science and technology. They have trained and honed their skills while working in U.S. companies.
    Currently permanent residency applications for skilled, employment based immigrants are backed 5-8 years. In the interim applicants are unable to change jobs, get promotions or make any major financial decisions. Highly skilled, legal immigrants need immigration reforms that will reduce massive process backlogs, improve processing by government agencies and better the quality of life while the application is pending.

    Legal Immigration Myths
    Extremist, anti-immigration advocacy groups have aggressively publicized myths about legal, skilled immigrants. Let us expound some of the common myths about employment based immigration.
    Myth: Increasing green cards will enable more new immigrants to enter the country
    Fact: Most immigrants who are caught in the employment-based immigration backlog have already spent 5-10 years in the United States. They have integrated socially and culturally. Companies have spent thousands of dollars on training these workers.

    Myth: Employment based immigrants do not pay taxes and are a social burden
    Fact: Employment based immigrants are required by law to file for federal and state tax returns each year. They pay social security taxes, medicare taxes, payroll taxes and all other applicable taxes. Employment based immigrants are not eligible to receive social security benefits unless their permanent residency applications are approved or unless they have worked in the U.S. for several years.
    Myth: Employment based immigrants take away local jobs
    Fact: Most progressive Americans realize that educated immigrant workers play a crucial role in stimulating the local economy. Highly skilled immigration fills the gaps in availability and makes the U.S. economy competitive and resilient. A recent study concludes that immigrants have fueled the US entrepreneurial economy, starting one in four venture-backed companies since 1990 and two in five in high technology. This is according to a study released by the National Venture Capital Association trade group to the U.S. Congress in November 2006.

    Myth: H1B quota increase will result in more green cards
    Fact: H1B has a separate quota from green card quotas. Even after an individual has approved security check, labor certification and employment eligibility; a visa number must be available for him to receive a green card. This quota is subject to annual numerical limits. Based on the current annual visa limit, applications are backlogged 6 years.

    Future of Legal Immigration
    It is presumed that legal immigration process works efficiently and in a clockwork fashion. However when you consider that legal applicants have to wait 5-8 years for a green card; this statement is false. In the current political environment pro and anti immigrant extremism exist side by side. A rational, middle of the road approach is largely missing. Such an approach would prioritize immigration based on the contribution of immigrants towards economic growth, the reduction of job outsourcing and most importantly rewarding those who chose to enter and continue to reside legally in USA.
    Americans largely supports legal immigration. This year, the Secure Knowledge, Innovation and Leadership Bill was introduced in Senate and in the House of Representatives. This bill provides the much needed immigration reforms for highly skilled immigrants. However the democrat leadership has not yet declared immigration on their agenda for the first 100 hours of work. Unless congress collectively passes immigration relief for skilled workers, political considerations for the 2008 presidential elections will put this issue on the back burner again.



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  • SouthSky
    06-03 02:28 PM
    Southsky.
    Nothing going to happen just with Pray.. We need to help our self.. Please contribute to IV and also send web-fax..

    We have to do this now or it might be too late..

    Please ask your friend to join IV.

    My another post to another thread mentioned I'll send a $300 check. (I was too panicking and was reading all kinds of postings.)

    I told my American friend about how unfair the new bill is to people like us. She wants to help and also asks her parents to contact their senator in different state. Because they only don't like illegal immigrants.

    My attorney's web site has his comment. He thinks this unreasonable bill can't be passed.

    I'll call senators and congressmen in my state Monday as well as editors working for leading newspaper in my area.

    American dream was what drawn us here: a belief you can live a good life if you work hard, being creative and receive advanced education. I think the reason why America has become the strongest country is more than one-hundred year's hard work and contribution from generations' immigrants. A continued inflow of warm blood, creativity and hard working is the guarantee that America will remain strong. What this bill is doing is to bring evil spirit to America. Law-abiding, being good person, trustworthy, hard-working virtues do not fit into this country's culture anymore. Being illegal, breaking the law and not paying taxes are encouraged by government.

    I am very sad to see this bill being proposed. I love the old American spirits and love the people here. The bill told me to no longer hold faith in their system.

    God bless us all and God bless America!




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  • WeldonSprings
    05-02 04:17 PM
    Just responding to my quote- This question was also raised by Honorable House Democrat from Illinois Mr. Guterriez.I know everyone has looked at the Visa Bulletin. Here is a quote from it-

    2. Section 201 of the Immigration and Nationality Act (INA) sets an annual minimum family-sponsored preference limit of 226,000. The worldwide level for annual employment-based preference immigrants is at least 140,000. Section 202 prescribes that the per-country limit for preference immigrants is set at 7% of the total annual family-sponsored and employment-based preference limits, i.e., 25,620. The dependent area limit is set at 2%, or 7,320.

    So, don't you guys think that there more than 140,000 visas can be given away, if need me as it is this moment. So, I don't understand the retrogression???



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  • ramus
    07-18 02:19 PM
    Lets keep working on this thread... We had 5000 new members joined IV.. Now we know what IV can do and is capable of doing.

    Now IV has delivered and its our time to deliver.

    Lets keep this thread alive...

    Everybody do 2 important things.

    1) Make recurring contributiong.
    2) Ask other to do it now.



    Thank you all.




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  • Kodi
    06-21 11:44 AM
    I think what he meant is 20 since Jan till now. My attorney has 10 pending and the oldest is from Feb.



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  • Eb3_frustrated
    04-25 02:22 PM
    Learning01,

    There is too much curbing of free speech, you admins are taking a heavy handed approach to discussions. Deleting posts at will, diverting topics at whims and fancies...

    Let there be discussins, there is nothing wrong in floating ideas.. allow members to express. Not every idea needs to be implemented.

    This sort of arrogance is not going help anybody's cause.

    Just my two cents...




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  • pappu
    03-12 12:01 PM
    Information meant for public will always be shared on the forum. It maybe delayed a bit.

    However direct communication with Admins, Sharing of our strategy, developments etc will only be on donor forum. We do not anyways post it on open forums even now.

    This initiative is to provide some incentive to members who support IV financially. In a couple of days we are launching another service to IV members that will be a big help. It will always be free for everyone and you will appreciate it. We are working on it these days.

    There are some more ideas in the pipeline to even help all IV members. We just have 24 hours in a day, full time jobs and a life of our own. So we are trying to squeeze as much time possible to make this ideas be brought on IV quickly.




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  • indio0617
    03-09 11:07 AM
    Sen : says he has several amendments (title 2) still to discuss

    6181, 6238, 6239, 6182 (mandatory federal response) , information sharing, deportability for criminal offenses


    Sen Specter: Says they will have another session next Wednesday, thursday for further amendments, markups. Title 2 will close. onto title 3 now..




    indio0617
    03-09 09:54 AM
    How many senators are present in the meeting today ?




    meridiani.planum
    04-01 05:32 PM
    OK now Mr. non-retard...cud u do all of us a favour by showing some article which says, US democracy is the same for citizens and foreigners. Send us a link from some Govt web site that says this. If u cant substantiate ur statements admit that u r a retard.

    he did not say 'democracy is same for citizens and foreigners' whatever that means. He said that foreigners have same basic rights as citizens:

    http://en.wikipedia.org/wiki/United_States_Bill_of_Rights
    "The Bill of Rights limits the powers of the Federal government of the United States, protecting the rights of all citizens, residents and visitors on United States territory."
    "The Bill of Rights protects the freedoms of speech, press, and religion; the right to keep and bear arms; the freedom of assembly; the freedom to petition;"

    http://en.wikipedia.org/wiki/Freedom_to_petition
    The right to petition is the freedom of individuals (and sometimes groups and corporations) to petition their government for a correction or repair of some form of injustice without fear of punishment for the same.

    So yes, you do have the right to peititon for correction or repair of some form of injustice (Eg: wastage of visa numbers) without fear of punishment. It cant get any more clearer than this.

    If you want change, begin by growing a spine and saying 'status-quo is not acceptable'



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