When You Planned To Buy A House In Usa..?

Thanks for asking this question @deepthivinayak1.
I don't have answer to this. I have the same questions in my mind and thanks for asking here. Looking forward for the replies from other ladies who bought a house here.
We are here for past 3 years and my DH now planning to buy a house. But I am not willing to. Because of the visa issues as you said. So, when did you all buy the house?

 

Most people buy house when they get their GC.

 

yes. even i know some.
but they are under severe stress. mainly the h1
H-1B visa denial rates skyrocket under Trump

 

I have a lot of friends who bought house without GC. They have backlog and have a long way to go. meanwhile I had GC since last 4 years, but didnt have enough saving to do down payment for the house in our price range. So we waited and just closed a house couple days ago. Everyone's situation is different. think of buying house like an investment (so careful about where you buy and what kind of house you buy), you can always sell it if the time comes and move to India. Even if you dont move to India, if you get a better job somewhere else, you will move anyway and probably have to sell the house. So If you can afford to pay mortgage, I think you should buy.

 

congrats

 

1. When did you planned to overcome this and buy a house ?
2.After how many years staying in USA ,did u bought a house?
3.What makes you to buy a house than staying rental?
4.What difference you feel buying a house in USA from buying a house back in India?
5.Will you move back to India even if bought a house in USA?
6.how longs it’s been in ur own house?
7.did you bought the house when you got GC or before that?

1. I bought my first house on H1b although I'd already applied for Green card through EB1 and knew that it won't be a long process.

2. I had been in the USA for 3.5 years when I bought the house. First-year as a graduate student and 2.5 years as a postdoc.

3. After 2 years of postdoc on J1 visa, I'd moved to a new state, I received J1 waiver so I was on H1b now and had signed a contract for 5 years and knew that I was going to be in this place for at least 5 years. It made sense to me to buy a house instead of renting for the long term. I also wanted to feel like settling down and for some reason, I had this huge thing about owning a house before 30. I bought at 28 (close to 29).

4. I had a flat in India for a few years but my parents did all the paperwork so I don't really know the difference. In the USA, I did everything myself and asked my boss a lot of questions. He helped me with deciding on the lender and inspected the property before I signed the papers.

5. I bought my house many years ago as a single woman. Since then, I married and we moved twice. We no longer live in the same state. I rented the house out for a couple of years (to our friends) and finally sold it once the market improved in 2015. The rent from the house paid the mortgage. My husband and I bought our first house together in 2015.

No, I have no plans to move back to India.

6. I had my house for six years although I lived in that house for only 3 years. We got a better position elsewhere and moved to another sate. We've been in our new house for 4 years.

7. Before GC, I got my GC one year after buying the house.

To me owning the house was a dream. My first house was a small 2 bed + office and 2 baths but it was a dream come true. In my mind, it was the most beautiful place . Our new house is 4x bigger and I love it but it wasn't the same feeling when we got the keys.