There is a new bipartisan proposal brought forward by Sens. Charles Schumer (D., N.Y.) and Mike Lee (R., Utah) to allow homeowners to sell the house, only catch is that your home would be sold to foreigners looking to retire here in the United States, in exchange for a visa.

Mind you, there is already a similar thing in place for foreigners who invest $ 500,000 or more in the US to get green cards. Personally, as a homeowner and has lost value in my investment, might be something I would consider….Maybe this is one way we can jump start the market.

Your thoughts on the issue would be appreciated.

http://online.wsj.com/article/SB10001424052970203752604576641421449460968.html?mod=WSJ_hp_LEFTTopStories

 

Me and my partner have been planning a holiday in our motorhome. we have finally decided to drive to our home country Algeria to see the rest of our family. To do this we must go through france germany switzerland italy tunisia then algeria, the route we are taking back will be through morocco up [...]

 

Firstly- i have £70,000 equity in my current house in which i am hoping to split for a deposit on a new place for my self and a buy to let mortage. How should i split the money? More deposit into my new place for tax purposes on the buy to let or visa versa [...]

© 2011 Mortgage and Loan