Monthly Archives: January 2009 - Page 2

UK Immigration – New Age Restrictions

On 27 November 2008 the UK Government raised the minimum age requirement from 18 to 21 for those seeking entry to the UK as the spouse, fiancĂ© or fiancĂ©e, civil partner, proposed civil partner, unmarried partner or same sex partner of an another person. Importantly this change only applies to those seeking admission to the UK where the sponsor either holds ‘indefinite leave to remain’ status -commonly referred to as ‘settlement’, or, is a British citizen.

The rule change effectively means that individuals who are ‘settled’ in the UK or are British Citizens cannot sponsor a prospective applicant to the UK who is under the age of 21.

The rationale behind the change is so that the UK Government can prevent the problem of forced marriages for those under the age of 21. Read more »

Buying Pre-foreclosure – The Flexible Foreclosure Buying

I’m sure you know what pre-foreclosure is. But do you know buying a pre-foreclosure can actually save you up to 40% of the market value of the pre-foreclosure house? Or you are actually already thinking to buy a pre-foreclosure? Either way, you will need info to know more about pre-foreclosure and further decide your strategy to buy pre-foreclosure.

For your info, pre-foreclosure happens when home owner has missed at least one payment of the loan. The lender will then issue a Notice of Default which is a public record asking the home owner to respond to the un-paid payment/loan. This is the first legal stage of a home being foreclosed. Home owners have to respond fast to show their motivation to solve the problem. Foreclosure home owners will be very motivated to look for home buyers to buy their house during this very period. Read more »

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