Jump to content
thetreble

Selling your home in a tough market and quickly after you bought it...

By thetreble in Canada

 Share

42 posts in this topic

Recommended Posts

Flames9_RN Grand Master

Flames9_RN   358

Posted
Filed: IR-1/CR-1 Visa Country: Canada
 Timeline
Posted

As long as they get their $$$ they are happy!

Canadians Visiting the USA while undergoing the visa process, my free advice:

1) Always tell the TRUTH. never lie to the POE officer

2) Be confident in ur replies

3) keep ur response short and to the point, don't tell ur life story!!

4) look the POE officer in the eye when speaking to them. They are looking for people lieing and have been trained to find them!

5) Pack light! No job resumes with you

6) Bring ties to Canada (letter from employer when ur expected back at work, lease, etc etc)

7) Always be polite, being rude isn't going to get ya anywhere, and could make things worse!!

8) Have a plan in case u do get denied (be polite) It wont harm ur visa application if ur denied,that is if ur polite and didn't lie! Refer to #1

Link to comment
Share on other sites
  • Replies 41
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

thetreble Experienced

thetreble   19

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
  • Author
Posted

So it wouldn't be considered a short sale?

"...My hair's mostly wind,

My eyes filled with grit

My skin's white then brown

My lips chapped and split

I've lain on the prairie and heard grasses sigh

I've stared at the vast open bowl of the sky

I've seen all the castles and faces in clouds

My home is the prairie and for that I am proud…

If You're not from the Prairie, you can't know my soul

You don't know our blizzards; you've not fought our cold

You can't know my mind, nor ever my heart

Unless deep within you there's somehow a part…

A part of these things that I've said that I know,

The wind, sky and earth, the storms and the snow.

Best say that you have - and then we'll be one,

For we will have shared that same blazing sun." - David Bouchard

Link to comment
Share on other sites
Flames9_RN Grand Master

Flames9_RN   358

Posted
Filed: IR-1/CR-1 Visa Country: Canada
 Timeline
Posted

No clue to be honest!

Canadians Visiting the USA while undergoing the visa process, my free advice:

1) Always tell the TRUTH. never lie to the POE officer

2) Be confident in ur replies

3) keep ur response short and to the point, don't tell ur life story!!

4) look the POE officer in the eye when speaking to them. They are looking for people lieing and have been trained to find them!

5) Pack light! No job resumes with you

6) Bring ties to Canada (letter from employer when ur expected back at work, lease, etc etc)

7) Always be polite, being rude isn't going to get ya anywhere, and could make things worse!!

8) Have a plan in case u do get denied (be polite) It wont harm ur visa application if ur denied,that is if ur polite and didn't lie! Refer to #1

Link to comment
Share on other sites
trailmix Grand Master

trailmix   77

Posted
Filed: IR-1/CR-1 Visa Country: Canada
 Timeline
Posted
So it wouldn't be considered a short sale?

It depends. A short sale is where the house is listed for less than the amount owing to the bank - first the bank has to actually approve that sale price - if they do, then it gets sold and the mortgage is settled for less than it is worth.

I really don't think it will come to that because it's usually just a way to stave off a foreclosure.

That said, who knows what you can negotiate with a lender. I mean let's say the shortfall from sale was $10,000 - they may agree to offer you an unsecured line of credit or something to pay that off.

Link to comment
Share on other sites
thetreble Experienced

thetreble   19

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
  • Author
Posted

Thats definitely something we'd be interested in, although we could come up with almost all of it on our own I'm sure. Do you suggest we contact the lender now before we put it up for sale? Or would we do that after we put it up for sale?

"...My hair's mostly wind,

My eyes filled with grit

My skin's white then brown

My lips chapped and split

I've lain on the prairie and heard grasses sigh

I've stared at the vast open bowl of the sky

I've seen all the castles and faces in clouds

My home is the prairie and for that I am proud…

If You're not from the Prairie, you can't know my soul

You don't know our blizzards; you've not fought our cold

You can't know my mind, nor ever my heart

Unless deep within you there's somehow a part…

A part of these things that I've said that I know,

The wind, sky and earth, the storms and the snow.

Best say that you have - and then we'll be one,

For we will have shared that same blazing sun." - David Bouchard

Link to comment
Share on other sites
Tankgurl38 Enthusiast

Tankgurl38   0

Posted
Filed: K-1 Visa Country: Canada
 Timeline
Posted

Also with a short sale, the seller of the home has to provide proof that they can't afford to keep making payments on their home and have to not been able to make payments for a few months, or something like that.

We have made an offer on a short sale, there is nothing short and quick about selling a house this way, nor buying one.

ROC

Sept 9/11 - Sent I-751 Package in Mail

Sept 12/11 - Package received at CSC

Sept 15/11 - Cheque cashed

Sept 16/11 - Receive NOA for I-751

Sept 19/11 - Receive Biometrics Appointment Letter dated 9/15/2011

Oct 7/11 - Biometrics Appointment

Dec 2/11 - Greencard production ordered

Dec 3/11 - received email from USCIS advising card production

*******************************************

AOS

Aug 6/09 - Sent AOS, EAD, AP Package in mail

Aug 8/09 - Packaged received in Chicago

Aug 13/09 - Cheque cashed

Aug 17/09 - Receive NOA for I-485, I-765 and I-131

Aug 21/09 - Receive Notice for Biometrics Appt

Aug 24/09 - RFE Sent in Mail

Aug 29/09 - RFE recieved

Sept 3/09 - Mail back RFE package

Sept 5/09 - RFE package received

Sept 10/09 - I-485 case resumed

Sept 10/09 - Address changed on I-485, I-765 and I-131

Sept 15/09 - Biometrics Appt

Sept 28/09 - AP Approved, EAD Card Production Ordered Email #1

Oct 1/09 - Received AP Hardcopy in Mail, EAD Card Production Ordered Email #2

Oct 5/09 - Received EAD Card

Oct 29/09 - Received Interview Letter

Dec 2/09 - Interview --APPROVED!!!!

Link to comment
Share on other sites
thetreble Experienced

thetreble   19

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
  • Author
Posted

It's definitely not because we can't afford the home. We purchased full well knowing we could afford it without worry and have not been late on a payment since we owned it in December.

It's very interesting. We will have to see what happens. All I know is that we want out and can't wait until next year!

"...My hair's mostly wind,

My eyes filled with grit

My skin's white then brown

My lips chapped and split

I've lain on the prairie and heard grasses sigh

I've stared at the vast open bowl of the sky

I've seen all the castles and faces in clouds

My home is the prairie and for that I am proud…

If You're not from the Prairie, you can't know my soul

You don't know our blizzards; you've not fought our cold

You can't know my mind, nor ever my heart

Unless deep within you there's somehow a part…

A part of these things that I've said that I know,

The wind, sky and earth, the storms and the snow.

Best say that you have - and then we'll be one,

For we will have shared that same blazing sun." - David Bouchard

Link to comment
Share on other sites
trailmix Grand Master

trailmix   77

Posted
Filed: IR-1/CR-1 Visa Country: Canada
 Timeline
Posted
Thats definitely something we'd be interested in, although we could come up with almost all of it on our own I'm sure. Do you suggest we contact the lender now before we put it up for sale? Or would we do that after we put it up for sale?

Personally I wouldn't - only because who knows, you may be surprised and actually sell it for what you paid for it. You only bought the property 6 months ago, not much has changed in the market since then - except that people can now get that tax refund!

You bought the place with the 80's decor, you have now freshened it up with your own furnishings etc.

You should be able to determine in a couple of weeks if you are getting people looking through and seeming very interested, or if you are going to have to lower your price.

Link to comment
Share on other sites
JillA Experienced

JillA   2

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
Posted
You should call HGTV and be on one of their shows! :D YES! DO IT!!

Well they won't qualify for Property Virgins, as they are no longer virgins! I love property virgins, I could watch it all day long!

K-1

I-129F sent to Vermont: 2/19/08

NOA1: 2/21/08

NOA2: 3/10/08

Packet 3 recd: 3/25/08

Packet 3 sent: 4/18/08

Appt letter recd: 6/16/08

Interview at Montreal Consulate: 7/10/08 **APPROVED!!**

K1 recd: 7/15/08

US Entry at Buffalo, New York: 11/15/08

Wedding in Philadelphia: 11/22/08

AOS

AOS/EAD/AP filed at Chicago Lockbox: 12/17/08

NOA: 12/29/08

Case transferred to CSC: 1/7/09

AOS Approval: 4/2/09

Biometrics appt: 1/16/09

EAD received: 3/12/09

AP received: 3/13/09

AOS approval notice sent: 4/2/09

GC received: 4/9/09

ROC

Sent package to VSC: 1/5/11

NOA1: 1/7/11

Biometrics: 2/14/11

Approval letter received: 8/1/11

GC received: 8/11/11

Citizenship:

N-400 sent to Dallas lockbox: 3/1/12

NOA1: 3/6/12

Biometrics: 4/9/12

Interview: 5/25/12

Oath Ceremony: 6/4/2012

Link to comment
Share on other sites
Krikit Grand Master

Krikit   1,163

Posted
Filed: Timeline
Posted
Well they won't qualify for Property Virgins, as they are no longer virgins! I love property virgins, I could watch it all day long!

Arrgh! I can't stand that woman. :bonk:

But speaking of HGTV..... I was just saying to my husband, yesterday, that I want that guy who wanders DIY shops to give them a new garden to find ME in a DIY shop. :lol:

iagree.gif
Link to comment
Share on other sites
thetreble Experienced

thetreble   19

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
  • Author
Posted

I watch a lot of HGTV. The property virgin lady is a bit of an #######.

T-mix I will take your advice and wait until we put it on the market to talk to the lender. You are right! We have really updated the house with just some paint and we may get exactly what we asked for it.

"...My hair's mostly wind,

My eyes filled with grit

My skin's white then brown

My lips chapped and split

I've lain on the prairie and heard grasses sigh

I've stared at the vast open bowl of the sky

I've seen all the castles and faces in clouds

My home is the prairie and for that I am proud…

If You're not from the Prairie, you can't know my soul

You don't know our blizzards; you've not fought our cold

You can't know my mind, nor ever my heart

Unless deep within you there's somehow a part…

A part of these things that I've said that I know,

The wind, sky and earth, the storms and the snow.

Best say that you have - and then we'll be one,

For we will have shared that same blazing sun." - David Bouchard

Link to comment
Share on other sites
Sprailenes Veteran

Sprailenes   47

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
Posted

You could go on real estate intervention. They had a couple sort of in your situation yesterday.. they did end up renting and said they would revisit the situation in 2-3 years. But they ended up only getting 2000.00 yet their mortgage payment was 2300.00 but the loss of 300.00 was less than what they would actually lose if they sold their house at that point in time.

Donne moi une poptart!

Link to comment
Share on other sites
thetreble Experienced

thetreble   19

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
  • Author
Posted

Interesting. I guess that will be something to see. If we put it on the market and don't get what we want for it, or have a hard time selling, we may then rent it if all else fails. The loss might be greater in a sale than the loss in rent to cover the mortgage.

"...My hair's mostly wind,

My eyes filled with grit

My skin's white then brown

My lips chapped and split

I've lain on the prairie and heard grasses sigh

I've stared at the vast open bowl of the sky

I've seen all the castles and faces in clouds

My home is the prairie and for that I am proud…

If You're not from the Prairie, you can't know my soul

You don't know our blizzards; you've not fought our cold

You can't know my mind, nor ever my heart

Unless deep within you there's somehow a part…

A part of these things that I've said that I know,

The wind, sky and earth, the storms and the snow.

Best say that you have - and then we'll be one,

For we will have shared that same blazing sun." - David Bouchard

Link to comment
Share on other sites
 
Didn't find the answer you were looking for? Ask our VJ Immigration Lawyers.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
- Back to Top -

Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...