Posted on March 02, 2008 by Warren Wen | Category: Immigration
Analysis of H-1B Applications in 2008 April is coming and the H-1B quota will open once again. Most aliens who want to work in the US legally have been preparing their H-1B applications. As one of the non-immigrant visas, H-1B is for professional aliens who specialize in high-tech industries and other fields. It requires that… Read More
Posted on February 17, 2008 by Nancy Liu | Category: Real Estate
Property Disclosure Statement in Real Estate Transactions In a real estate transaction, the seller must provide a Property Disclosure Statement to the buyer. Normally, the Property Disclosure Statement is a standard questionnaire prepared by the listing agent according to answers from the seller regarding the history, current situation, damage, or problems that may have occurred… Read More
Posted on February 10, 2008 by Warren Wen | Category: Real Estate
Atlanta Real Estate Outlook in National Real Estate Slump In our previous article, we predicted that for 2008, a recession in US is not avoidable. Moreover, what the United States has to face today is not only the subprime loan crisis or even recession. It is the falling down of US modern banking system and… Read More
Posted on February 03, 2008 by Warren Wen | Category: Real Estate
What Can We Do with the Current US Economy Crisis? Contrary to what most of the main stream economists hope, the current US economy crisis will prove to be the worst economic crisis since the Second World War. It began with the slowing down of the housing industry back in 2006. As the subprime mortgage… Read More
Posted on January 27, 2008 by Nancy Liu | Category: Wills & Estate Planning
Introduction to Wills and Estate Planning The housing market crash has affected us on personal and institutional levels across the whole world. We see prices going up, people losing jobs, while the dark cloud of recession hangs over our heads. If there is any positive side to the current recession is that it has helped… Read More
Posted on January 27, 2008 by Nancy Liu | Category: Real Estate
Autumn is the season of harvest. It is also the annual property-tax season. If this is your first year of owning your newly purchased property, or if you own land, rental property or commercial property, you need to check the payment of every single property’s tax bill from your local county (or city, if the… Read More
Posted on January 27, 2008 by Nancy Liu | Category: Real Estate
When you sell your investment or rental properties to recoup the profits you retained through the years, do not forget to pay taxes on the capital gains. How can you minimize your tax liability? A program called 1031 Exchange will help you delay the tax payment. The 1031 Exchange was created in 1921 as part… Read More
Posted on January 27, 2008 by Nancy Liu | Category: Real Estate
There are two major regulations on real estate lending. One is the Real Estate Settlement Procedures Act, also called RESPA. The other is the Truth in Lending Act. 1. Real Estate Settlement Procedures Act (RESPA) In 1974, the United States Congress passed a consumer-protection statute called Real Estate Settlement Procedures Act (RESPA). The purpose… Read More
Posted on January 27, 2008 by Warren Wen | Category: Immigration
US Immigration Trend in 2008 2/2 In the previous article we mentioned that in order to have a correct analysis of the US immigration trend, we need to have an overall understanding of the US economy and its politics. It is very unlikely that the US can avoid a recession in 2008, so the current… Read More
Posted on January 23, 2008 by Nancy Liu | Category: Real Estate
When a buyer purchases a property with a mortgage, the mortgage lender often requires the borrower to set up an escrow account with the lender. The purpose of an escrow account is to ensure that the borrower will pay the property’s property taxes and insurance premiums (hazardous insurance, or flood insurance, if any) on time. … Read More